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☆ Check Point CEO to step down
▼ + stars: | 2024-02-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCheck Point CEO to step downGil Shwed, Check Point Software CEO, joins 'Money Movers' to discuss why Shwed has decided to step down as chief executive, what qualities he is looking for in his successor, and more.

Persons: Gil Shwed, Shwed Organizations: Software

☆ Stocks making the biggest moves midday: Palantir, Spotify, UPS, DocuSign and more
▼ + stars: | 2024-02-06 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

In its second quarter, the materials company posted earnings of 36 cents per share, greater than the 26 cents per share anticipated by analysts polled by StreetAccount. In its fourth quarter, the company posted adjusted earnings of 87 cents per share, compared to guidance of 85 cents to 87 cents in earnings per share. The company said it was committed to announcing a $3.5 billion share buyback for the first half of the year. The insurance service company reported adjusted earnings of $7.44 per share, topping the FactSet consensus estimate of $7.05 in earnings per share. Analysts polled by FactSet were expecting earnings of $1.08 per share on revenue of $1.24 billion.

Persons: Li, Willis Towers Watson, Gil Shwed, DocuSign, FactSet, Rambus, — CNBC's Michelle Fox, Alex Harring, Hakyung Kim, Yun Li, Tanaya Macheel, Jesse Pound, Pia Singh Organizations: LSEG, StreetAccount, GE HealthCare Technologies, FactSet, Li Auto, Deutsche Bank, Spotify Technology, DuPont de Nemours, BP —, BP, Simon Property Group, Simon Property, United Parcel Service, UBS, Software Technologies, UBS — U.S, FMC Locations: StreetAccount ., FactSet ., Mississippi, Dalton , Georgia, Dalton, Swiss

☆ Israeli cyber security company Check Point's Q3 profit tops estimates
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

[1/2] Gil Shwed, Founder and CEO, Check Point Software Technologies Ltd, speaks at a Cyber security conference in Tel Aviv, Israel January 31, 2017. The Israeli-based company said it earned $2.07 per diluted share excluding one-off items in the July-September quarter, up 17% from $1.77 a year earlier. It was forecast to earn $2.02 a share on revenue of $591.5 million, according to I/B/E/S data from Refinitiv. Check Point said it bought back 2.48 million shares in the quarter, worth $325 million, as part of its ongoing $2 billion share buyback programme. CEO Gil Shwed said that despite the "tragic events in Israel over the past three weeks our global business has continued to operate as planned", introducing new products and completing acquisitions.

Persons: Gil Shwed, Baz Ratner, Steven Scheer, Louise Heavens Organizations: Software Technologies, REUTERS, Rights, Revenue, Thomson Locations: Tel Aviv, Israel

☆ Ransomware attacks surge 20% as cyber warfare enters 'fifth generation', says Check Point CEO Shwed
▼ + stars: | 2023-07-05 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRansomware attacks surge 20% as cyber warfare enters 'fifth generation', says Check Point CEO ShwedGil Shwed, Check Point Software Technologies CEO , joins 'The Exchange' to discuss the surge in ransomware attacks and how new A.I. tools could begin to assist cyber criminals.

Persons: Shwed Gil Shwed Organizations: Software Technologies

☆ Watch CNBC's full interview with Check Point Software CEO Gil Shwed
▼ + stars: | 2023-02-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Check Point Software CEO Gil ShwedGil Shwed, Check Point Software Technologies CEO, joins 'TechCheck' to discuss his thoughts on cyber threats and the e-crime space.

☆ Our margins are very healthy, says Check Point Software CEO Gil Shwed
▼ + stars: | 2023-02-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur margins are very healthy, says Check Point Software CEO Gil ShwedGil Shwed, Check Point Software Technologies, joins 'TechCheck' to discuss his thoughts on cyber threats and the e-crime space.

☆ Check Point Software sees further gains in Q4; CFO to take 6-month leave
▼ + stars: | 2022-10-27 | by ( Steven Scheer | ) www.reuters.com time to read: +2 min

For the fourth quarter, Check Point projected revenue of $608-$658 million, up from $599.1 million a year earlier and against analysts' expectations for $630.8 million. While Check Point forecasts a strong end to 2022, chief executive Gil Shwed said it was difficult to estimate next year's outlook. For all of 2022, Check Point expects revenue of $2.299-$2.349 billion, compared to a prior estimate of $2.2-$2.375 billion. Over the past quarter, cyber attacks increased by 28%, underscoring the critical need for cyber security, Shwed said. Check Point has moved to a prevention-first security system that includes securing corporate networks, the cloud and employees who work remotely.

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