Check Point Software Technologies Ltd Q3 adjusted earnings Beat Estimates

(RTTNews) - Check Point Software Technologies Ltd (CHKP) announced a profit for its third quarter that rose from the same period last year.

The company's bottom line totaled $198.23 million, or $1.25 per share. This compares with $192.70 million, or $1.16 per share, in last year's third quarter.

Excluding items, Check Point Software Technologies Ltd reported adjusted earnings of $219.27 million or $1.38 per share for the period.

Analysts had expected the company to earn $1.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.6% to $470.82 million from $454.63 million last year.

Check Point Software Technologies Ltd earnings at a glance:

-Earnings (Q3): $219.27 Mln. vs. $215.30 Mln. last year. -EPS (Q3): $1.38 vs. $1.30 last year. -Analysts Estimate: $1.36 -Revenue (Q3): $470.82 Mln vs. $454.63 Mln last year.