Check Point Software Technologies (NASDAQ:CHKP) Full Year 2022 Results
Key Financial Results
Revenue: US$2.33b (up 7.5% from FY 2021).
Net income: US$796.9m (down 2.3% from FY 2021).
Profit margin: 34% (down from 38% in FY 2021). The decrease in margin was driven by higher expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Check Point Software Technologies EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%.
Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.
The company's share price is broadly unchanged from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Check Point Software Technologies' balance sheet health.
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