Network security sales fuel Check Point Q3 numbers


Network security sales fuel Check Point Q3 numbers

Simon Quicke

Strong demand for network security and a return to spending in the Americas and Asia Pacific have buoyed the third quarter revenues for Check Point.

The security vendor announced the numbers for its Q3 ended 30 September with a 17% increase in revenues to $273.2m compared to a year earlier and a 28% in GAAP operating income to $135.1m. Product revenues grew by 22% to $106.4m helped by the launch of software blade products.

Gil Shwed, chairman and CEO of Check Point, said that it had been able to exceed its projections in both revenue and earnings per share.

"This growth was a result of strong network security product sales across all regions with particular strength coming from the America's and Asia Pacific," he added that the software blade architecture had also contributed to its performance.

The vendor has been expanding its range this year not just into the blade arena but also into the remote access space with the Abra product and in a recent conversation with MicroScope Terry Greer-King, the recently appointed UK and Ireland country manager, said that he wanted resellers to carry more of its portfolio.

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