Check Point CEO Gil Shwed to step down, succeeded by Nadav Zafrir in December; Q3 earnings guidance updated to $2.19-2.29 EPS, $615-650M revenue.
Check Point Software Technologies updates Q3 earnings guidance to $2.19-2.29 EPS, $615-650M revenue. Nadav Zafrir, a renowned cybersecurity leader, is set to replace Gil Shwed as CEO starting December. Shwed will transition to Executive Chairman role. Check Point reported Q2 revenues of $627M, a 7% YoY increase, with security subscriptions rising 13.7% to $271.7M.
July 24, 2024
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