April 24, 2019

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HOME Press Releases › Check Point reports 2018 Full Year financial results

Check Point reports 2018 Full Year financial results

Monday 4 February 2019

Cybersecurity vendor, Check Point today announced its financial results for the fourth quarter and full year ended December 31, 2018.

Check Point’s total revenues for 2018 were $1,916 million, a 3% increase over the full year 2017, while profits increased 7% year over year.

The company’s revenues for the fourth quarter of 2018 were $526 million, a 4% increase compared to Q4 2017.

Gil Shwed, founder and CEO of Check Point said: “We finished the year with record results. Our Security Subscriptions Business continued to increase, driven by cloud, mobile and zero-day advanced threat prevention technologies. We expanded our cloud security offering with the delivery of the CloudGuard SaaS solution, and the acquisition of Dome9 and ForceNock.

"We have also started 2019 with many new innovations including two new threat prevention optimized security appliances, and the new Maestro product line that provides Cloud-type HyperScale technology to reach unprecedented levels of security.”

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