Check Point's top line is the problem: revenue fell 1.1% Y/Y to $669.8M and missed by $2.34M, even with EPS in line at $2.49. Security subscriptions rose 11% to $339M and RPO rose 5% to $2.5B, so the

What happened: Check Point Software Technologies reported Q3 non-GAAP EPS of $2.49, in line with estimates, while revenue of $669.8M missed by $2.34M. Key numbers: Non-GAAP EPS $2.49, in line. Revenue $669.8M, down 1.1% Y/Y, missed by $2.34M. Security Subscriptions Revenues $339M, up 11% Y/Y. RPO $2.5B, up 5%. Why it matters: Revenue came in below estimates and declined year over year, while security subscriptions and remaining performance obligation grew.

Check Point Software Technologies reported Q3 non-GAAP EPS of $2.49, in line with estimates, while revenue of $669.8M missed by $2.34M.

Revenue came in below estimates and declined year over year, while security subscriptions and remaining performance obligation grew.