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CheckPoint's Revenue Jumps

Check Point Software Technologies Monday posted impressive earnings for its third quarter ended Sept. 30.

The Redwood City, Calif.-based Internet security vendor reported revenue of $129.3 million, a 22 percent increase vs. the $106.3 million in revenue for the third quarter last year.

The increase was primarily led by licensing growth, which rose 25 percent compared with the same quarter last year, said CFO Eyal Desheh.

Strong sales of Check Point's VPN-1 and FireWall-1 products also contributed to the increase, and the vendor's consumer sales numbers played a big role as well, said Jerry Ungerman, president.

"It appears that consumers have accepted the advice of Microsoft that even if they install [Microsoft Service Pack 2], they should still use a third-party security solution to make sure the end point is secured," said Ungerman.

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