Check Point Software
posted third-quarter earnings that exceeded analysts' expectations by 8 cents, citing stronger-than-expected demand and sales.
The Israeli network security firm earned $61.1 million, or 35 cents a diluted share, up from $24.7 million, or 15 cents a share, for the same period last year. A
First Call/Thomson Financial
survey of 20 analysts expected the company to earn 27 cents a share for the third quarter.
Quarterly revenue more than doubled to $116 million from $57.8 million a year earlier.
Shares of Check Point recently climbed $13.44, or 9.1%, to $160.50 in