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ASC-066 ASC EndPoint Management Assessment

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ASC-066 exam Dumps Source : ASC EndPoint Management Assessment

Test Code : ASC-066
Test Name : ASC EndPoint Management Assessment
Vendor Name : Symantec
: 75 Real Questions

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Symantec ASC EndPoint Management Assessment

Symantec offers superior protection and Hardening Capabilities with finished Endpoint defense | killexams.com Real Questions and Pass4sure dumps

MOUNTAIN VIEW, Calif.--(company WIRE)--

New endpoint security offerings now purchasable as part of Symantec’s integrated Cyber protection Platform

Symantec Corp. (SYMC), the area’s main cyber security business, these days announced new innovations and enhancements to its endpoint security portfolio designed to preserve against essentially the most subtle cyber attacks through advanced endpoint insurance plan and hardening capabilities. These new offerings will assist consumers reduce the endpoint assault surface by way of permitting only commonly used first rate purposes to run, improving application discovery and chance evaluation, and fighting stealthy assaults.

average endpoint security is positive at stopping malware, however subtle attackers are increasingly taking skills of the complexity of endpoint environments, exploiting gaps to find new paths to profitable aims.

“The range and complexity of today’s heterogeneous endpoint atmosphere creates distinct alternatives for cyber-assaults,” referred to Fernando Montenegro, Senior Analyst - tips security, 451 analysis. “The deployment of endpoint protection application that brings collectively no longer best prevention and EDR, but additionally hardening technologies to additional in the reduction of the assault floor is more crucial than ever.”

To handle these challenges, Symantec incorporated advanced insurance plan and hardening into its market-leading endpoint security answer which delivers a coordinated, adaptive endpoint defense this is fundamental for security teams to control. This defense framework reduces the attack surface and offers insurance plan from unauthorized entry, conventional vulnerabilities, zero-day assaults, and every little thing in between. Symantec delivers these applied sciences through a single agent which is managed with the aid of an built-in cloud console, lowering deployment and management complexity.

Endpoint security portfolio updates include:

  • Symantec Endpoint application manage defends towards advanced assaults by means of handiest permitting conventional, decent applications to run, as a result minimizing the attack floor. The industry-leading whitelisting solution comprises wise, auto-era of software-certain suggestions, comprehensive utility discovery, in-depth possibility evaluation, and continuous tracking of software drift – making it easy to install and manage in dynamic endpoint environments.
  • Symantec Endpoint software Isolation allows users to down load and use any utility safely by ensuring every software is proscribed to protected and licensed habits. through enhanced visibility and intelligence, suspicious purposes may also be remoted to keep away from any privileged operations that may hurt the endpoint. software isolation will also guard regularly occurring first rate functions from tampering to stop attackers from exploiting abilities vulnerabilities.
  • Symantec Endpoint Cloud connect defense can provide dynamic insurance plan by means of assuring community integrity via a coverage-based mostly wise VPN to look after in opposition t dangerous Wi-Fi and provider networks. This technology provides an additional layer of insurance policy for home windows 10 devices.
  • Symantec Endpoint danger defense for energetic directory helps be sure that malicious actors on domain-related endpoints can't exploit active listing to benefit entry to crucial belongings. hazard protection for ad restricts publish-exploit incursions with the aid of combating credential theft and lateral movement with a unique mixture of AI, obfuscation and superior forensics methodologies to include these assaults immediately, in precise-time. This new product follows the Javelin Networks acquisition, and is another example of Symantec’s skill to right now incorporate bought applied sciences into its complete portfolio.
  • These superior endpoint insurance plan and hardening capabilities will additional prolong Symantec’s endpoint security management, which has been recognized through trade analysts.

    “Stopping nowadays’s most refined threats requires built-in layers of protection which make it difficult for attackers to function,” said artwork Gilliland, EVP and GM commercial enterprise items, Symantec. “by using incorporating superior coverage and hardening improvements into their endpoint portfolio, they help minimize the assault floor and make it greater challenging to penetrate and move laterally throughout networks, an important part of an built-in Cyber defense strategy.”

    “At Telit we're all the time looking out for brand new, entertaining and helpful solutions. here's why they were totally interested in Symantec Endpoint risk protection for lively directory. After a number of brief days of a proof of concept they noticed the cost of the solution which made the determination very effortless,” pointed out Mor Asher, world IT & advice security manager, Telit. “We right away covered the business endpoints with a unique and useful protection layer. At basically zero have an effect on in efficiency and productiveness, they profit an important capacity of addressing superior attacks with lots more desirable equipment in their arsenal and in the reduction of dramatically man hours required to respond to incidents.”

    Availability

    These improvements are instantly accessible for purchase as add-ons to Symantec Endpoint coverage or as half of latest suites designed for effortless consumption. For more advice, please visit:

    About Symantec

    Symantec corporation (SYMC), the world's main cyber security business, helps businesses, governments and people secure their most essential information anywhere it lives. corporations the world over look to Symantec for strategic, integrated solutions to preserve towards subtle assaults throughout endpoints, cloud and infrastructure. Likewise, a world community of greater than 50 million americans and households rely on Symantec's Norton and LifeLock product suites to give protection to their digital lives at home and throughout their contraptions. Symantec operates one of the crucial world's greatest civilian cyber intelligence networks, permitting it to peer and protect towards the most superior threats. For additional information, please visit www.symantec.com or join with us on fb, Twitter, and LinkedIn.

    View source edition on businesswire.com: https://www.businesswire.com/news/home/20190129005265/en/


    Symantec enhancements endpoint security solutions | killexams.com Real Questions and Pass4sure dumps

    Symantec has announced enhancements to its endpoint protection solutions to protect towards extra subtle cyber attack methods.

    The business says it is introducing superior protection and hardening endpoint capabilities. New elements consist of reducing the endpoint assault surface with the aid of allowing handiest customary decent functions to run, enhancing application discovery and possibility evaluation, and combating stealthy attacks.

    The improvements are meant to support tackle hackers that are exploiting complex endpoint environments, and overcome the boundaries of average endpoint security.

    "The diversity and complexity of today's heterogeneous endpoint atmosphere creates numerous opportunities for cyber-assaults," observed Fernando Montenegro, Senior Analyst - advice safety, 451 analysis. "The deployment of endpoint protection utility that brings together no longer best prevention and EDR, but additionally hardening applied sciences to further in the reduction of the attack surface is extra essential than ever."

    To tackle these challenges, Symantec included advanced insurance plan and hardening into its market-main endpoint security solution which provides a coordinated, adaptive endpoint defence that's basic for security teams to manage. This defence framework reduces the assault surface and can provide insurance policy from unauthorized entry, regular vulnerabilities, zero-day attacks, and everything in between. Symantec delivers these applied sciences via a single agent which is managed through an integrated cloud console, reducing deployment and administration complexity.


    Symantec supplies advanced insurance policy with complete endpoint defence | killexams.com Real Questions and Pass4sure dumps

    Symantec Corp introduced new improvements and enhancements to its endpoint security portfolio designed to shelter in opposition t essentially the most sophisticated cyber attacks through advanced endpoint insurance policy and hardening capabilities. These new offerings will help purchasers cut back the endpoint assault surface by using allowing most effective standard good applications to run, enhancing application discovery and possibility evaluation, and fighting stealthy attacks.

    natural endpoint safety is positive at stopping malware, however sophisticated attackers are more and more taking potential of the complexity of endpoint environments, exploiting gaps to discover new paths to lucrative pursuits.

     

    To address these challenges, Symantec incorporated advanced coverage and hardening into its market-leading endpoint safety solution which offers a coordinated, adaptive endpoint defence that's simple for security groups to manipulate. This defence framework reduces the attack floor and delivers insurance policy from unauthorised access, usual vulnerabilities, zero-day attacks, and every thing in between.  Symantec can provide these technologies via a single agent which is managed by using an integrated cloud console, decreasing deployment and management complexity.

    Endpoint safety portfolio updates include:

  • Symantec Endpoint utility manage defends towards superior attacks with the aid of most effective allowing common, first rate applications to run, accordingly minimising the attack floor. The trade-leading whitelisting answer comprises smart, auto-technology of utility-particular guidelines, finished utility discovery, in-depth possibility assessment, and continual monitoring of application drift – making it effortless to installation and manipulate in dynamic endpoint environments.
  • Symantec Endpoint application Isolation makes it possible for users to download and use any application safely by way of guaranteeing every software is restricted to safe and accepted behaviour. via better visibility and intelligence, suspicious applications will also be remoted to steer clear of any privileged operations that can damage the endpoint. software isolation will additionally shelter primary first rate purposes from tampering to cease attackers from exploiting capabilities vulnerabilities.  
  • Symantec Endpoint Cloud join defense grants dynamic protection via assuring community integrity via a coverage-based wise VPN to shelter in opposition t risky Wi-Fi and provider networks. This expertise offers an extra layer of insurance policy for home windows 10 devices.
  • Symantec Endpoint threat defense for energetic directory helps ensure that malicious actors on area-related endpoints can't take advantage of active listing to benefit access to important belongings. danger defense for advert restricts publish-take advantage of incursions by means of preventing credential theft and lateral circulate with a distinct mixture of AI, obfuscation and superior forensics methodologies to include these assaults automatically, in precise-time. This new product follows the Javelin Networks acquisition and is an extra instance of Symantec’s capability to instantly include bought applied sciences into its finished portfolio.
  • These superior endpoint coverage and hardening capabilities will additional prolong Symantec’s endpoint safety management, which has been known by using trade analysts.

    These improvements are instantly available for buy as add-ons to Symantec Endpoint insurance policy or as part of latest suites designed for convenient consumption.

    click on on Deccan Chronicle technology and Science for the newest news and studies. observe us on facebook, Twitter. 

    ...

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    ASC EndPoint Management Assessment

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    BlackBerry's Signs Of Progress: Enterprise Software And Services | killexams.com real questions and Pass4sure dumps

    No result found, try new keyword!CFO/COO Steve Capelli admitted that: “On an apples-to-apples comparison under ASC 606, revenue declined 11% year-over ... ESS experienced sequential growth in four areas: endpoint management (UEM), ...

    Forrester Names BlackBerry Cylance Consulting Strong Incident Response Performer | killexams.com real questions and Pass4sure dumps

    Award-Winning Native AI Approach to Incident Response and ICS Services Highlighted as Industry Best Practice

    WATERLOO, Ontario, April 17, 2019 /PRNewswire/ -- BlackBerry Cylance, a business unit of BlackBerry Limited (NYSE:BB: TSX:BB), today announced that Forrester Research has selected the company as a strong performer in the recent Forrester Wave report covering cybersecurity incident response (IR) services. The global report highlights the BlackBerry Cylance consulting team's well-defined processes to ensure effective incident response.

    BlackBerry Logo Black (PRNewsfoto/Blackberry Limited)

    More

    The Forrester Wave report is an in-depth assessment of 15 of the most significant cybersecurity IR services vendors across 11 criteria. BlackBerry Cylance Consulting achieved the highest possible score for incident response, supporting products and services, average hours per response, and industrial control systems (ICS).

    "We're so pleased to see Forrester reinforce the effectiveness of their proven AI incident response methodology based on containment, remediation, and prevention," said Corey White, chief customer officer at BlackBerry Cylance Consulting. "Our expert consultants work quickly to not only resolve incidents and restore operations, but also to leverage BlackBerry Cylance's first-of-its-kind artificial intelligence to get ahead of the kill chain and prevent incidents before they happen. Their ability to rapidly quarantine known and unknown malware, deploy sophisticated detection rules, and support AI-driven automated response, give customers the predictive advantage they need before any data, systems or reputations are damaged."

    The Wave report noted that Cylance Consulting will now have greater reach as a result of its recent acquisition by BlackBerry and recognized the company's wide range of products and services that include established partnerships with law firms and insurance organizations—two industries with significant investments in IR services.

    The BlackBerry Cylance consulting team taps BlackBerry Cylance's industry-leading native AI platform for incident response services that mitigate security breaches around the world. The company's methodologies provide faster and more accurate results to ensure incidents are fully remediated and threats are quickly removed from the environment with minimal business interruption.

    "BlackBerry Cylance Consulting is one of the few vendors listed in the Forrester Wave that uses its own products," said Sasi Murthy, vice president of product marketing at BlackBerry Cylance. "Unlike services or consulting firms that leverage third-party tools, they are intimately familiar with BlackBerry Cylance's award-winning approach for assessing vulnerabilities, resolving security breaches, and establishing a prevention-first approach that allow their customers to prevent future attacks and maintain business continuity."

    The Forrester Wave: Cybersecurity Incident Response (IR) Services Q1 2019 is available to download here: https://pages.cylance.com/en-us-2019-04-forrester-incident-response-wave-report.html

    About BlackBerryBlackBerry (NYSE: BB; TSX: BB) is a trusted security software and services company that provides enterprises and governments with the technology they need to secure the Internet of Things. Based in Waterloo, Ontario, the company is unwavering in its commitment to safety, cybersecurity and data privacy, and leads in key areas such as artificial intelligence, endpoint security and management, encryption and embedded systems. For more information, visit BlackBerry.com and follow @BlackBerry.

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    Check Point Software Technologies Reports 2019 First Quarter financial Results | killexams.com real questions and Pass4sure dumps

    April 18, 2019 05:00 ET | Source: Check Point Software Technologies Ltd.

    SAN CARLOS, Calif., April 18, 2019 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), today announced its financial results for the first quarter ended March 31, 2019.

    First Quarter 2019:                                        

  • Total Revenue: $472 million, a 4 percent increase year over year
  • Deferred Revenues: $1,312 million, a 13 percent increase year over year
  • GAAP Operating Income: $206 million, representing 44 percent of revenues
  • Non-GAAP Operating Income: $235 million, representing 50 percent of revenues
  • GAAP EPS: $1.15, Non-GAAP EPS: $1.32
  • “We had good results in the first quarter with 13 percent growth in their security subscriptions including advanced solutions for Cloud and Mobile as well as SandBlast Zero day threat prevention,” said Gil Shwed, Founder and CEO of Check Point Software Technologies. “During the quarter they launched a series of new products, including Maestro which provides cloud-grade elasticity and resiliency for networks, and the 6000 series security appliances that are optimized for prevention of Gen V threats. Additionally, the Infinity Gen V security platform demonstrated solid traction in the quarter and drove new customer acquisition.”

    Financial Highlights for the First Quarter of 2019:

  • Total Revenue: $472 million compared to $452 million in the first quarter of 2018, a 4 percent increase year over year. Revenues were above the midpoint of their guidance.
  • GAAP Operating Income: $206 million compared to $213 million in the first quarter of 2018, representing 44 percent and 47 percent of revenues in the first quarter of 2019 and 2018, respectively.
  • Non-GAAP Operating Income: $235 million compared to $239 million in the first quarter of 2018, representing 50 percent and 53 percent of revenues in the first quarter of 2019 and 2018, respectively.
  • GAAP Taxes on Income: $45 million compared to $41 million in the first quarter of 2018.
  • GAAP Net Income and Earnings per Diluted Share: GAAP net income was $180 million compared to $187 million in the first quarter of 2018. GAAP earnings per diluted share were $1.15 compared to $1.16 in the first quarter of 2018.
  • Non-GAAP Net Income and Earnings per Diluted Share: Non-GAAP net income was $205 million compared to $210 million in the first quarter of 2018.  Non-GAAP earnings per diluted share were $1.32 compared to $1.30 in the first quarter of 2018, a 2 percent increase year over year.
  • Deferred Revenues: As of March 31, 2019, deferred revenues were $1,312 million compared to $1,166 million as of March 31, 2018, a 13 percent increase year over year.
  • Cash Balances, Marketable Securities and Short Term Deposits: $4,175 million as of March 31, 2019, compared to $4,039 million as of December 31, 2018.
  • Cash Flow: Cash flow from operations of $379 million included an acquisition related payment of $2 million compared to $419 million in the first quarter of 2018, which included a tax refund of $45 million related to a prior year.
  • Share Repurchase Program: During the first quarter of 2019, the company repurchased approximately 2.7 million shares at a total cost of approximately $305 million.
  • For information regarding the non-GAAP financial measures discussed in this release, as well as a reconciliation of such non-GAAP financial measures to the most directly comparable GAAP financial measures, please see “Use of Non-GAAP Financial Information” and “Reconciliation of GAAP to Non-GAAP Financial Information.”

    First Quarter Key Highlights

    Check Point Maestro HyperScale: Check Point Maestro is a revolutionary new architecture that enables businesses of any size to enjoy the power of cloud-grade elasticity and resiliency in a security platform. Maestro enables seamless expansion of existing security gateways to hyperscale capacity by allowing businesses to expand from one gateway up to 52 gateways in minutes and realize the performance of massive Terabit/second firewall throughput.

    6000 Series Gateways: The new 6500 and 6800 security appliances set new standards of protection against advanced fifth-generation threats, while offering superior performance and dexterity.  The 6500 and 6800 gateways deliver the power to inspect SSL-encrypted network traffic without compromising on performance or uptime. The 6500 provides 20Gbps raw firewall bandwidth and 3.4Gbps of threat prevention output.  The 6800 provides 42Gbps raw firewall bandwidth and 9Gbps threat prevention output. 

    Check Point Launches Partner Program to Accelerate Sales and Reward Partners for Client Engagement: The new Engage partner program directly rewards solution providers with Check PointS for activities that deepen customer relationships.

    Check Point CloudGuard Dome9 Named ‘Security Innovation of the Year’ in 2018-19 Cloud Awards:Recognized for its comprehensive software platform for public cloud security and compliance orchestration.

    Check Point SandBlast Agent Earns ‘NSS Labs Recommended’ Rating in 2019 Advanced Endpoint Protection Test: NSS Labs gave a ‘recommended’ rating to Check Point’s SandBlast Agent solution for detecting 100% of HTTP and email threats and 100% of malware using sophisticated evasion techniques, while providing zero false positives.

    Completed ForceNock Acquisition: A web application and API protection startup acquisition that will strengthen Check Point offerings and capabilities with advanced machine learning protection.

    Check Point Research https://research.checkpoint.com uncovered numerous findings that included vulnerabilities in widely deployed applications and services such as WinRar, Windows Deployment Services and RDP protocols. Exposed campaigns targeting Public Cloud Linux servers, mobile devices and nation-state targets, and created the world’s first repository for MacOS malware.

    Vulnerabilities in Applications & Infrastructure:

    Vulnerabilities in WinRAR: Check Point Research discovered a 19-year-old vulnerability in WinRAR, the world’s most popular compression tool potentially exposing 500 million users to a remote code execution.

    Windows - Vulnerabilities in RDP Protocols: Check Point Research recently discovered multiple critical vulnerabilities in the commonly used Remote Desktop Protocol (RDP) that would allow a malicious actor to reverse the usual direction of communication and infect the IT professional or security researcher’s computer. Such an infection could then allow for an intrusion into the IT network as a whole.

    Windows - Vulnerabilities in WDS: Check Point Research discovered vulnerabilities in Windows Deployment Services (WDS). Through the vulnerability, an attacker could potentially have modified it to control the content of every new computer and equip it with his own proprietary malware.

    Malware and Campaigns Research:

    Cloud Security: SpeakUp - A New Trojan Hits Linux Servers: Check Point Research discovered a new campaign exploiting Public Cloud Linux servers to implant a new Backdoor, which evades all security vendors. The new Trojan, named “SpeakUp” after one of its command and control names, exploits known vulnerabilities in six different Linux distributions.

    N.Korea Attacks Russian Targets: Check Point Research discovered what appears to be a coordinated attack against Russian entities by the North Korean APT group, Lazarus. The attack flow includes the distribution of ZIP files, containing a benign PDF decoy document and a malicious Word doc with macros that install the Lazarus backdoor that collects information about the victim’s machine.

    Joomla Spam Campaign: Check Point Research identified a new campaign from a known threat actor who is now exploiting a new backdoor with an old vulnerability in Joomla! Using it to monetize his attack via a profitable spam campaign.

    Windows - Cuckoo Black: Check Point Research identified an attack targeting Windows servers in APAC and revealed the attackers infrastructure. The uploading of sensitive data, such as Windows login credentials, OS version and IP addresses was occurring at between 3-10 different victims each second.

    Mobile - Chinese SDK Infection: Check Point Research discovered a group of Android apps massively harvesting contact information on mobile phones without the user’s consent. The data stealing logic hides inside a Software Development Kit (SDK) seen in up to 12 different mobile applications and downloaded over 111 million times.

    Mobile - SimBad Adware: Check Point Research discovered a new adware campaign on the Google Play Store. The ‘SimBad’ Adware was resident in 206 applications and downloaded by almost 150 million users.

    MacoPedia, A Catalogue of Mac Malware: Check Point Research launched a complete Mac Malware portal that collects and summarizes all information about MacOS malware.

    Conference Call and Webcast Information Check Point will host a conference call with the investment community on April 18, 2019, at 8:30 AM ET/5:30 AM PT. To listen to the live webcast or replay, please visit the website: www.checkpoint.com/ir.

    Second Quarter Investor Conference Participation Schedule:

  • Jefferies 2019 Global Technology, Media and Telecom Conference May 9, 2019 – Beverly Hills, CA
  • J.P. Morgan 47th Annual Technology, Media and Telecom Conference May 14, 2019 – Boston, MA
  • Macquarie & Company TMT Company Day May 21, 2019 – New York, NY
  • Bank of America Merrill Lynch 2018 Global Technology ConferenceJune 4, 2019 – San Francisco, CA
  • 2019 Baird Global Consumer, Technology & Services ConferenceJune 6, 2019 – New York, NY
  • Nasdaq 40th London Investor ConferenceJune 13, 2019 – London, UK
  • Members of Check Point's management team are expected to present at these conferences and discuss the latest company strategies and initiatives. Check Point’s conference presentations are expected to be available via webcast on the company's web site. To view these presentations and access the most updated information please visit the company's web site at www.checkpoint.com/ir. The schedule is subject to change.

    About Check Point Software Technologies Ltd.Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading provider of cyber security solutions to governments and corporate enterprises globally. Its solutions protect customers from cyber-attacks with an industry leading catch rate of malware, ransomware and other types of attacks. Check Point offers a multilevel security architecture that defends enterprises’ cloud, network and mobile device held information, plus the most comprehensive and intuitive one point of control security management system. Check Point protects over 100,000 organizations of all sizes.

    ©2019 Check Point Software Technologies Ltd. All rights reserved

    Legal Notice Regarding Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Forward-looking statements generally relate to future events or their future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to their expectations regarding their products and solutions, including Maestro, the 6000 Series Gateways, and the Infinity Gen V security platform, expectations related to their new Engage partner program and the Infocyte partnership, the expected benefits of the ForceNock acquisition, and their participation in investor conferences during the second quarter of 2019.  Their expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected.  These risks include their ability to continue to develop platform capabilities and solutions; customer acceptance and purchase of their existing solutions and new solutions; the market for IT security continuing to develop; competition from other products and services; and general market, political, economic and business conditions.  The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in their filings with the Securities and  Exchange Commission, including their Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 27, 2018. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.

    Use of Non-GAAP Financial Information In addition to reporting financial results in accordance with generally accepted accounting principles, or GAAP, Check Point uses non-GAAP measures of operating income, net income and earnings per diluted share, which are adjustments from results based on GAAP to exclude, as applicable, stock-based compensation expenses, amortization of intangible assets and acquisition related expenses and the related tax affects. Check Point’s management believes the non-GAAP financial information provided in this release is useful to investors’ understanding and assessment of Check Point’s ongoing core operations and prospects for the future. Historically, Check Point has also publicly presented these supplemental non-GAAP financial measures in order to assist the investment community to see the Company “through the eyes of management,” and thereby enhance understanding of its operating performance. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP. A reconciliation of the non-GAAP financial measures discussed in this press release to the most directly comparable GAAP financial measures is included with the financial statements contained in this press release. Management uses both GAAP and non-GAAP information in evaluating and operating business internally and as such has determined that it is important to provide this information to investors.

    CHECK POINT SOFTWARE TECHNOLOGIES LTD.CONSOLIDATED STATEMENT OF INCOME

     (In thousands, except per share amounts)

      Three Months Ended   March 31,   2019   2018   (unaudited)   (unaudited) Revenues:       Products and licenses $112,797   $118,139 Security subscriptions 143,975   127,251 Total revenues from products and Security subscriptions 256,772   245,390 Software updates and maintenance 215,056   206,936 Total revenues 471,828   452,326         Operating expenses:       Cost of products and licenses 19,623   19,378 Cost of security subscriptions 5,282   3,641 Total cost of products and security subscriptions 24,905   23,019 Cost of Software updates and maintenance 22,688   20,677 Amortization of technology 1,388   546 Total cost of revenues 48,981   44,242         Research and development 57,634   53,363 Selling and marketing 135,040   119,758 General and administrative 24,112   21,538 Total operating expenses 265,767   238,901         Operating income 206,061   213,425 Financial income, net 18,908   14,860 Income before taxes on income 224,969   228,285 Taxes on income 45,037   41,145 Net income $179,932   $187,140

    Basic earnings per share

    $1.17   $1.18 Weighted-average number of shares used in computing basic earnings per share

    154,232

     

    158,192

    Diluted earnings per share $1.15   $1.16 Weighted-average number of shares used in computing diluted earnings per share 155,933   161,711      

    CHECK POINT SOFTWARE TECHNOLOGIES LTD.SELECTED FINANCIAL METRICS (In thousands, except per share amounts)

      Three Months Ended   March 31,   2019   2018   (unaudited)   (unaudited)         Revenues $471,828   $452,326 Non-GAAP operating income 234,914   238,998 Non-GAAP net income 205,455   209,891 Diluted Non-GAAP Earnings per share $1.32   $1.30 Number of shares used in computing diluted Non-GAAP earnings per share 155,933   161,711                        

    CHECK POINT SOFTWARE TECHNOLOGIES LTD.RECONCILIATION OF GAAP TO NON GAAP FINANCIAL INFORMATION

     (In thousands, except per share amounts)

      Three Months Ended   March 31,   2019   2018   (unaudited)   (unaudited)         GAAP operating income $206,061   $213,425 Stock-based compensation (1) 24,832   22,314 Amortization of intangible assets and acquisition related expenses (2) 4,021   3,259 Non-GAAP operating income $234,914   $238,998         GAAP net income $179,932   $187,140 Stock-based compensation (1) 24,832   22,314 Amortization of intangible assets and acquisition related expenses (2) 4,021   3,259 Taxes on the above items (3) (3,330)   (2,822) Non-GAAP net income $205,455   $209,891         Diluted GAAP Earnings per share $1.15   $1.16 Stock-based compensation (1) 0.16   0.14 Amortization of intangible assets and acquisition related expenses (2) 0.03   0.02 Taxes on the above items (3) (0.02)   (0.02) Diluted Non-GAAP Earnings per share $1.32   $1.30         Number of shares used in computing diluted Non-GAAP earnings per share 155,933   161,711         (1) Stock-based compensation:       Cost of products and licenses $33   $37 Cost of software updates and maintenance 939   686 Research and development 4,303   4,036 Selling and marketing 6,086   5,290 General and administrative 13,471   12,265   24,832   22,314         (2) Amortization of intangible assets and acquisition related expenses:       Amortization of technology-cost of revenues 1,388   546 Research and development 2,014   1,897 Selling and marketing 619   816   4,021   3,259 (3) Taxes on the above items (3,330)   (2,822) Total, net $25,523   $22,751      

    CHECK POINT SOFTWARE TECHNOLOGIES LTD.CONDENSED CONSOLIDATED BALANCE SHEET DATA

    (In thousands)

    ASSETS

      March 31,   December 31,   2019   2018   (unaudited)   (unaudited) Current assets:       Cash and cash equivalents $309,455   $303,627 Marketable securities and short-term deposits 1,449,097   1,448,152 Trade receivables, net 319,991   495,390 Prepaid expenses and other current assets 72,871   74,738 Total current assets 2,151,414   2,321,907         Long-term assets:       Marketable securities 2,416,119   2,287,345 Property and equipment, net 84,519   78,514 Deferred tax asset, net 74,472   84,688 Goodwill and other intangible assets, net 995,513   991,539 Other assets 91,966   64,220 Total long-term assets 3,662,589   3,506,306         Total assets $5,814,003   $5,828,213      

    LIABILITIES ANDSHAREHOLDERS’ EQUITY

    Current liabilities:       Deferred revenues $961,212   $980,175 Trade payables and other accrued liabilities 340,022   351,695 Total current liabilities 1,301,234   1,331,870         Long-term liabilities:       Long-term deferred revenues 351,283   357,779 Income tax accrual 382,952   356,750 Other long-term liabilities 33,976   9,425   768,211   723,954         Total liabilities 2,069,445   2,055,824         Shareholders’ equity:       Share capital 774   774 Additional paid-in capital 1,662,185   1,597,800 Treasury shares at cost (7,137,959)   (6,844,702) Accumulated other comprehensive loss (3,388)   (24,497) Retained earnings 9,222,946   9,043,014 Total shareholders’ equity 3,744,558   3,772,389 Total liabilities and shareholders’ equity $5,814,003   $5,828,213 Total cash and cash equivalents, marketable securities and short-term deposits $4,174,671   $4,039,124      

    CHECK POINT SOFTWARE TECHNOLOGIES LTD.SELECTED CONSOLIDATED CASH FLOW DATA

    (In thousands)

      Three Months Ended   March 31,   2019   2018   (unaudited)   (unaudited) Cash flow from operating activities:       Net income $179,932   $187,140 Adjustments to reconcile net income to net cash provided by operating activities:       Depreciation of property and equipment 3,575   3,888 Amortization of intangible assets 1,782   940 Stock-based compensation 24,832   22,314 Realized loss on marketable securities 477   2 Decrease in trade and other receivables, net 181,324   181,395 Increase (decrease) in deferred revenues, trade payables and other accrued liabilities (16,723)   19,207 Deferred income taxes, net 3,553   3,947 Net cash provided by operating activities 378,752   418,833         Cash flow from investing activities:               Cash paid in conjunction with acquisitions, net of acquired cash (5,509)   - Investment in property and equipment (9,580)   (4,672) Net cash used in investing activities (15,089)   (4,672)         Cash flow from financing activities:       Proceeds from issuance of shares upon exercise of options 51,291   19,945 Purchase of treasury shares (304,994)   (249,408) Payments related to shares withheld for taxes (648)   (299) Net cash used in financing activities (254,351)   (229,762)         Unrealized gain (loss) on marketable securities, net 26,235   (23,390)         Increase in cash and cash equivalents, marketable securities and short term deposits 135,547   161,009         Cash and cash equivalents, marketable securities and short term deposits at the beginning of the period 4,039,124   3,848,045         Cash and cash equivalents, marketable securities and short term deposits at the end of the period $4,174,671   $4,009,054  

    Investors: Kip E. Meintzer              Check Point Software Technologies+1.650.628.2040ir@checkpoint.com 

    Media: Ekram Ahmed                         Check Point Software Technologies+1.650.628.2260press@checkpoint.com



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    References :


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