Check Point Software Says Adjusts 2023 Revenue Estimate To $2.387B-$2.437B From $2.340B-$2.510B; Check Point Software Says Adjusts 2023 Non-GAAP Estimate To $8.20-$8.40 From $7.70-$8.30
Portfolio Pulse from Benzinga Newsdesk
Check Point Software has adjusted its 2023 revenue estimate to $2.387B-$2.437B from $2.340B-$2.510B. The company also revised its 2023 Non-GAAP estimate to $8.20-$8.40 from $7.70-$8.30.
October 30, 2023 | 1:01 pm
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NEUTRAL IMPACT
Check Point Software has revised its 2023 revenue and Non-GAAP estimates. This could potentially impact the company's stock price.
Check Point Software has revised its 2023 revenue and Non-GAAP estimates. While the new revenue estimate range is narrower, it is also slightly higher at the lower end. The Non-GAAP estimate has been increased. These changes could be interpreted by the market in different ways, hence the neutral score. However, the news is highly relevant and important for CHKP investors, hence the high relevance and importance scores.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100