Check Point's Q3 results demonstrate robust growth with double-digit increases in calculated billings, leading to a 7% rise in revenue to $678 million. The company raises 2025 revenue guidance amid strong demand across its cybersecurity portfolio.
- Calculated billings rose by 20% year-over-year, driven by broad portfolio demand and contributing to overall revenue growth.
- Non-GAAP EPS reached $3.94 per diluted share, exceeding guidance, aided by a one-time tax benefit.
- The successful acquisition of Lakera enhances Check Point's capabilities in AI security, positioning the company for leadership in safeguarding AI applications.
- Services calculated billings experienced strong performance, growing by 21%, reflecting heightened demand across offerings.
- The company achieved FedRAMP authorization for its Infinity platform, enhancing its market position within U.S. federal environments.
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