Check Point Software (CHKP - Free Report) recently announced the launch of a new version of the market-leading Mobile Threat Defense solution — Check Point Harmony Mobile. With this release, the company ensures the prevention of file-based cyberattacks on organizations by blocking the download of malicious files on mobile devices.
Check Point’s Harmony Mobile offers complete protection to corporate data across all mobile attack surfaces and across all attack vectors, which include apps, networks and operating systems. It is designed to reduce admins’ overhead and increase user adoption, and fits into any existing mobile environment. The new update not only scans files but also blocks malicious file types such as executables, Microsoft Office files and PDFs.
With the Harmony Mobile Release 4.0 version, Check Point intends to enhance complete mobile security by offering additional security capabilities like operating system vulnerability assessment, advanced mitigation capabilities on Samsung devices and easy-to-manage Hypertext Transfer Protocols (“HTTPs”) inspection. Its new File Protection feature leverages the company’s Threat Cloud to scan downloaded files and block malicious contents.
The new release is currently available for both new and existing customers.
Notably, in first-quarter 2022, Check Point's subscription revenues jumped 14% to $201.6 million, driven by double-digit revenue growth in CloudGuard and Harmony solutions. The company intends to accelerate its future revenues through these subscription-based solutions and services.
Zacks Rank & Key Picks
Check Point currently carries a Zacks Rank #3 (Hold). Shares of CHKP have risen 4.3% in the past year.
Some better-ranked stocks from the broader Computer and Technology sector are Avnet (AVT - Free Report) , Axcelis Technologies (ACLS - Free Report) and Analog Devices (ADI - Free Report) . While Avnet sports a Zacks Rank #1 (Strong Buy), Axcelis and Analog Devices carry a Zacks Rank of 2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Avnet's fourth-quarter fiscal 2022 earnings has been revised 55 cents northward to $1.96 per share over the past 30 days. For 2022, earnings estimates have moved 20.5% north to $6.83 per share in the past 30 days.
Avnet's earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 21.2%. Shares of AVT have increased 14.2% in the past year.
The Zacks Consensus Estimate for Axcelis' second-quarter 2022 earnings has been revised 3 cents upward to 99 cents per share over the past seven days. For 2022, ACLS' earnings estimates have moved 11 cents north to $4.10 per share in the past seven days.
Axcelis' earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 23.5%. Shares of ACLS have declined 23.5% in the past year.
The Zacks Consensus Estimate for Analog Devices' second-quarter fiscal 2022 earnings has been revised 4 cents upward to $2.12 per share over the past 60 days. For fiscal 2022, earnings estimates have moved 11 cents north to $8.43 per share in the past 60 days.
Analog Devices' earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 6%. Shares of ADI have fallen 9% in the past year.
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Check Point Software (CHKP - Free Report) recently announced the launch of a new version of the market-leading Mobile Threat Defense solution — Check Point Harmony Mobile. With this release, the company ensures the prevention of file-based cyberattacks on organizations by blocking the download of malicious files on mobile devices.
Check Point’s Harmony Mobile offers complete protection to corporate data across all mobile attack surfaces and across all attack vectors, which include apps, networks and operating systems. It is designed to reduce admins’ overhead and increase user adoption, and fits into any existing mobile environment. The new update not only scans files but also blocks malicious file types such as executables, Microsoft Office files and PDFs.
With the Harmony Mobile Release 4.0 version, Check Point intends to enhance complete mobile security by offering additional security capabilities like operating system vulnerability assessment, advanced mitigation capabilities on Samsung devices and easy-to-manage Hypertext Transfer Protocols (“HTTPs”) inspection. Its new File Protection feature leverages the company’s Threat Cloud to scan downloaded files and block malicious contents.
The new release is currently available for both new and existing customers.
Notably, in first-quarter 2022, Check Point's subscription revenues jumped 14% to $201.6 million, driven by double-digit revenue growth in CloudGuard and Harmony solutions. The company intends to accelerate its future revenues through these subscription-based solutions and services.
Zacks Rank & Key Picks
Check Point currently carries a Zacks Rank #3 (Hold). Shares of CHKP have risen 4.3% in the past year.
Some better-ranked stocks from the broader Computer and Technology sector are Avnet (AVT - Free Report) , Axcelis Technologies (ACLS - Free Report) and Analog Devices (ADI - Free Report) . While Avnet sports a Zacks Rank #1 (Strong Buy), Axcelis and Analog Devices carry a Zacks Rank of 2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Avnet's fourth-quarter fiscal 2022 earnings has been revised 55 cents northward to $1.96 per share over the past 30 days. For 2022, earnings estimates have moved 20.5% north to $6.83 per share in the past 30 days.
Avnet's earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 21.2%. Shares of AVT have increased 14.2% in the past year.
The Zacks Consensus Estimate for Axcelis' second-quarter 2022 earnings has been revised 3 cents upward to 99 cents per share over the past seven days. For 2022, ACLS' earnings estimates have moved 11 cents north to $4.10 per share in the past seven days.
Axcelis' earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 23.5%. Shares of ACLS have declined 23.5% in the past year.
The Zacks Consensus Estimate for Analog Devices' second-quarter fiscal 2022 earnings has been revised 4 cents upward to $2.12 per share over the past 60 days. For fiscal 2022, earnings estimates have moved 11 cents north to $8.43 per share in the past 60 days.
Analog Devices' earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 6%. Shares of ADI have fallen 9% in the past year.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.2% per year. So be sure to give these hand picked 7 your immediate attention.
See them now >>
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