Check Point Software (CHKP) maintained the momentum, late Thursday posting a Q3 earnings beat a day after fellow security software maker Fortinet did the same. Check Point was up more than 1.5% in midday trading in the stock market today/, near 72. Fortinet (FTNT) stock was up nearly 1% in midday trading Friday after rising as much as 6% on Thursday, though it ended up the day up a shade over 1%. Israel-based Check Point raised its full-year
Cisco Systems is accelerating its push into corporate security. On Tuesday, the No. 1 maker of computer networking gear is expected to launch a set of revamped hardware and software security products to help thwart growing cyberattacks against companies worldwide and beef up its offerings vs. growing competition from rivals including Check Point Software Technologies (CHKP), Palo Alto Networks (PANW) and Fortinet (FTNT). The Cisco Systems (CSCO)
Network security company Check Point Software (CHKP) beat analysts’ profit estimates with its fourth-quarter earnings report Tuesday morning, as sales of its high-end appliances for data centers sold well along with its next-generation threat prevention software. It also announced a share buyback of up to $1 billion. Check Point stock was up nearly 4% in midday in the stock market today, near 66. Earlier Tuesday, the stock touched a 13-year high