Check Point Software Technologies Inc. on Monday posted earnings of $0.24 on revenue of $106.1 million, down slightly from the $0.27 per share and $108.5 million the company produced in the same period last year.
Results for the first half of 2003 were also down slightly compared to 2002. The company earned $0.49 per share on revenue of $210.9 million in the first six months of this year, compared to $0.53 a share on revenue of $213. 1 million last year
Despite the slide, Check Point officials said they were happy with the way things went in the second quarter.
"We are pleased with our results this quarter, particularly with the strength we saw in the U.S. market as well as the acceptance of the newest version of our NG product," said Gil Shwed, chairman and CEO of Check Point, based in Ramat Gan, Israel.
The second quarter was a fairly quiet one for Check Point, with just one major product release. That release was the introduction of the NG with the Application Intelligence platform. The company said it shipped 6,000 copies of the software to customers and prospects.