Avanan, a Check Point Company, is a privately owned company headquartered in the US. Founded in 2014, it employs approximately 100 people. Operating in the Technology, Information, and Internet sector, the company functions as a cyber and fraud protection provider.
Check Point Software Technologies (CHKP) remained in focus on May 2, 2026, following its first quarter 2026 results, which combined higher non-GAAP earnings per share and stronger security subscriptions with revenue below expectations and a lowered full-year outlook. Previously, on May 1, law firms including Glancy Prongay Wolke & Rotter LLP and Block & Leviton announced investigations into Check Point Software Technologies Ltd. for securities fraud violations. This development followed the company's April 30 report of its first quarter 2026 financial results, which led to a stock decline of over 15%. The company attributed this impact to "go-to-market changes implemented at the beginning of the quarter," which created near-term headwinds in its security appliance business, particularly affecting hardware-heavy areas like firewall upgrades. On May 1, during its Q1 2026 earnings call, Check Point Software Technologies Ltd. reported revenue of $1.23 billion, a 10% year-over-year increase, with CEO Nadav Zafrir highlighting a strong quarter driven by cybersecurity solution demand and CFO Roei Golan mentioning a "solid pipeline of opportunities." RBC analysts, however, suggested product revenue could weaken further in the second quarter before sales normalize in the latter half of the year.
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