Tag Archives: chkp

Palo Alto Networks Swamps FireEye, Cisco, Check Point

Palo Alto Networks’ (PANW) fiscal Q1 beat-and-raise late Monday came at the expense of rivals Check Point Software Technologies (CHKP), Cisco Systems (CSCO) and FireEye (FEYE), analysts wrote Tuesday. Palo Alto Networks stock was rising for a seventh consecutive day, up 5% in midday trading in the stock market today, above 181. Shares hit an all-time high of 199 on July 24 and are up more than 45% this year. On Tuesday, at least seven analysts

Could Palo Alto, Fortinet Make A Play For FireEye?

Depressed Q3 European sales forced FireEye (FEYE) stock to a record low Thursday, leading an FBN Securities analyst to suggest Palo Alto Networks (PANW), Cisco Systems (CSCO), Fortinet (FTNT) or Check Point Software (CHKP) could make a play for the company. FireEye hit a record-low 21.75 — several dollars below the previous all-time low — after plunging 24% in the stock market today on the cybersecurity firm’s Q3 revenue and Q4 sales outlook

Check Point Sharpens Blades, Inches Up Q3 Revenue

Network security provider Check Point Software Technologies (CHKP) early Monday reported Q3 revenue and earnings that inched up and narrowly beat Wall Street’s forecasts. In early trading in the stock market today, Check Point stock was up more than 1% after an initial 2.5% drop. For Q3 ended Sept. 30, Check Point reported $1.04 earnings per share ex items on $403.9 million in revenue, up 12% and 9%, respectively, vs. the year-ago quarter. Check