Check Point Software informs finance results for the second quarter 2008
Company Check Point Software Technologies declared activity finance results in the second quarter 2008, finished on June, 30th, 2008.
«Successes of the company in this quarter grow out of effective realisation of our strategy of universal protection (Total Security), — the chairman of board of directors and main chief executive Check Point Software Technologies Gil Shved (Gil Shwed) has underlined. — We continue to observe growth of our business that is annually expressed in two-place figures of growth of indicators of the eneral gain, incomes on the share and incomes of the future periods».
Key finance results of activity for 2 quarter 2008:
• Valovyiy the income: 199,6 million dollars, that on 13 % is more in comparison with 176,2 million dollars in the second quarter 2007. The contribution from sales of products and licences has made 85,0 million dollars, that on 16 % it is more in comparison with 73,3 million dollars in the second quarter 2007.
• Net profit — GAAP: 79,2 million dollars, that on 14 % is more in comparison with 69,5 million dollars in the second quarter 2007. The net profit in the second quarter 2008 includes the costs connected with acquisitions, at a rate of 8,9 million dollars, and costs for payments to shareholders at a rate of 8,4 million dollars. After a deduction of taxes, these costs have made 13,5 million dollars. The net profit in the second quarter 2007 included the costs connected with acquisitions, at a rate of 10,3 million dollars and costs for payments to shareholders at a rate of 8,6 million dollars. After a deduction of taxes, these costs have made 16,2 million dollars.
• Net profit — not ГААП:1 92,7 million dollars, that on 8 % is more in comparison with 85,7 million dollars in the second quarter 2007. The net profit — not GAAP does not include the costs connected with acquisitions, and costs for payments акционерам.2
• the Income on the diluted share — not GAAP has made 0,43 dollars, that on 12 % it is more in comparison with 0,38 dollars in the similar period of last year. The income on the diluted share — not GAAP does not include the costs connected with acquisitions, and costs for payments to shareholders.
• Incomes of the future periods: as of June, 30th, 2008, incomes of the future periods have made 279,2 million dollars, that on 18 % or on 43 million dollars it is more in comparison with an indicator for June, 30th, 2007.
• the Program of the repayment of shares: During the second quarter 2008, company Check Point has redeemed 2,1 million shares for a total cost of 50 million dollars.