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Check Point Software profit jumps about 14 percent
October 31, 2017 / 8:26 PM / 19 days ago

Check Point Software profit jumps about 14 percent

(Reuters) - Network and cloud security provider Check Point Software Technologies Ltd (CHKP.O) reported a 13.6 percent rise in quarterly profit on growth in demand for mobile security products.

The company’s net income rose to $192.7 million, or $1.16 per share, in the third quarter ended Sept. 30, from $169.7 million, or 99 cents per share, a year earlier.

Revenue grew 6.3 percent to $454.6 million.

Reporting by Sonam Rai in Bengaluru; Editing by Shounak Dasgupta

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