Check Point’s Q3 Outlook Sets $655 Million to $685 Million Revenue Range

Check Point Software Technologies Ltd. plans to release third-quarter results Monday, Nov. 2, with its July outlook setting revenue at $655 million to $685 million as the company looks for improved firewall appliance performance alongside subscription growth. The forecast also calls for security subscription revenue of $332 million to $343 million, non-GAAP earnings of $2.43 to $2.53 per share and adjusted free cash flow of $235 million to $265 million. Check Point expects GAAP earnings per share to be 70 cents below its non-GAAP measure.

Source: TokenPost