Tech Company Stocks In Q1: Who Gained? Who Lost?
Submitted by Rick Whiting on
Check Point Software Technologies
CEO: Gil Shwed
Dec. 30, 2016: $84.46
March 31, 2017: $102.66
Change: +21.55%
In January security technology developer Check Point Software Technologies reported that revenue in 2016 reached $1.74 billion, up 7 percent from $1.63 billion in 2015. Net income for the year was $724.8 million, up nearly 6 percent from $685.9 million.
During the fourth quarter the company repurchased 3 million shares at a cost of $248 million.