Check Point Software Technologies Ltd.

Strong Financial Results for Q4 and FY 2024: Check Point reported Q4 revenues of $704 million, surpassing projections by $9 million, and a non-GAAP EPS of $2.70. For FY 2024, the company achieved revenues of $2.565 billion and a non-GAAP EPS of $9.60, representing a 9% year-over-year growth.

Positive Momentum in Key Metrics: Deferred revenues increased by 5% to $2 billion, calculated billings rose by 11% to $959 million, and the remaining performance obligation (RPO) grew 12% to $2.516 billion. This highlights strong demand for core products, particularly the Quantum Force appliances, and the Infinity Platform.

Guidance for Q1 and FY 2025: The company forecasted Q1 2025 revenues between $619 million to $649 million, and a non-GAAP EPS range of $2.13 to $2.23. For the full year 2025, revenue guidance is $2.66 billion to $2.76 billion with a non-GAAP EPS forecast of $9.60 to $10.20, reflecting a cautious outlook despite the strong finish to 2024.