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26 Apr 2010
Check Point has lauded the success of its nascent software blade business as it topped expectations for its fiscal first quarter.
Revenues for the three months to 31 March hit the high end of the NASDAQ-listed firm's expectations, growing by 26 per cent year-on-year to $245.1m (£159m).
Non-GAAP operating profit also rose 26 per cent to $137.6m and Check Point’s chief executive Gil Shwed said the security vendor enjoyed “healthy growth across all regions”.
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Shwed added in a statement: “Our software blade architecture continues to make inroads with our annuity-based software blades helping to drive services revenues.”
Shwed also claimed Check Point had expanded its addressable market by entering two new markets - secure virtual desktop with Abra and data loss prevention with its DLP solution.
“With the introduction of these latest technology innovations and security solutions, Check Point is well positioned to address the security needs of any size business,” said Shwed.
Other products and technologies launched since the start of the year include the SmartEvent Software Blade, which Check Point bills as a unified security management solution.
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