Jul. 31 at 3:45 PM
$CHKP beats estimates but margins narrow — should investors be concerned? 🤔
Q2 EPS of
$2.37 tops the Zacks Consensus Estimate, driven by robust demand for Quantum Force appliances, yet gross margins contracted by 80 bps and operating margins by 150 bps due to rising expenses. 📉
Full breakdown here 👉 https://www.zacks.com/stock/news/2644827/check-point-software-q2-earnings-top-estimates-revenues-rise-yy?cid=sm-stocktwits-2-2644827-body-5080&ADID=SYND_STOCKTWITS_TWEET_2_2644827_BODY_5080