Cyber Security in BFSI Market is Booming Worldwide | IBM, Symantec, Palo Alto Networks
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Cyber Security in BFSI Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the
Cyber Security in BFSI. The study covers emerging player s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are IBM Corporation (United States),Hewlett Packard Enterprise (United States),McAfee LLC (United States),Trend Micro Inc. (Japan) ,Symantec Corporation (United States) ,Check Point Software Technologies Ltd. (Israel),Cisco Systems Inc. (United States) ,Palo Alto Networks Inc. (United States),Juniper Networks Inc. (United States),Forti
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The Global Zero Trust Security Market size is expected to reach $54.6 billion by 2026, rising at a market growth of 18.8% CAGR during the forecast period. The principle of zero-trust is basically does not trust any entity outside or inside the company with an aim to maintain the security. When a person wants to access a company s network, that person needs to get verified from the systems. Zero-trust solutions help the security teams to place policies correctly in order to authenticate each connection attempt and all the gadgets to intelligently limit the access. Under the zero-trust models, each access request is seriously validated, authorized under the policy constraints, and examined the oddity before allowing access. Everything attached to the user s identity to the application s hosting environment is utilized to safeguard the network from breaches.
Check Point Software Technologies Ltd (CHKP) Q1 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Check Point: Q1 Earnings Snapshot
April 26, 2021 GMT
TEL AVIV, Israel (AP) Check Point Software Technologies Ltd. (CHKP) on Monday reported first-quarter net income of $182.9 million.
The Tel Aviv, Israel-based company said it had net income of $1.33 per share. Earnings, adjusted for stock option expense and amortization costs, came to $1.54 per share.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.
The data security company posted revenue of $507.6 million in the period, also topping Street forecasts. Eleven analysts surveyed by Zacks expected $502.1 million.
Check Point shares have dropped almost 10% since the beginning of the year. The stock has risen 15% in the last 12 months.
Check Point Software stock set to rally after profit, revenue rise above expectations MarketWatch 2 hrs ago
MARKET PULSE
Shares of Check Point Software Technologies Ltd. were indicated up nearly 2% in premarket trading Monday, after the Israel-based cyber security company reported first-quarter profit and revenue that rose above expectations. Net income rose to $182.9 million or $1.33 a share, from $178.7 million, or $1.23 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share came to $1.54, above the FactSet consensus of $1.50. Total revenue rose 4% to $507.6 million, beating the FactSet consensus of $502.0 million. Cash flow grew 4.6% to $375 million, above the FactSet consensus of $360.6 million. The cyber threat landscape is reaching new levels of risk and requires a holistic security architecture to prevent the next cyber pandemic, said Chief Executive Gil Shwed. Our Infinity architecture can uniquely address these needs and conso