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ASC-066 exam Dumps Source : ASC EndPoint Management Assessment

Test Code : ASC-066
Test appellation : ASC EndPoint Management Assessment
Vendor appellation : Symantec
: 75 true Questions

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Symantec ASC EndPoint Management Assessment

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

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

New endpoint security offerings now purchasable as partake 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 method and hardening capabilities. These new offerings will assist consumers reduce the endpoint assault surface by course of permitting only commonly used first rate purposes to run, improving application discovery and desultory 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 compass and complexity of today’s heterogeneous endpoint atmosphere creates divorce 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 exploit these challenges, Symantec incorporated advanced insurance method and hardening into its market-leading endpoint security retort 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 method from unauthorized entry, conventional vulnerabilities, zero-day assaults, and every puny thing in between. Symantec delivers these applied sciences through a unique 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 effortless to install and manage in dynamic endpoint environments.
  • Symantec Endpoint software Isolation allows users to down load and utilize any utility safely by ensuring every software is proscribed to protected and licensed habits. through enhanced visibility and intelligence, suspicious purposes may too be remoted to hold away from any privileged operations that may wound the endpoint. software isolation will too guard regularly occurring first rate functions from tampering to quit attackers from exploiting abilities vulnerabilities.
  • Symantec Endpoint Cloud connect defense can provide dynamic insurance method by means of assuring community integrity via a coverage-based mostly judicious VPN to survey after in opposition t uncertain 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 energetic listing to capitalize 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 amalgam of AI, obfuscation and superior forensics methodologies to comprise these assaults immediately, in precise-time. This new product follows the Javelin Networks acquisition, and is another instance of Symantec’s skill to right now incorporate bought applied sciences into its complete portfolio.
  • These superior endpoint insurance method 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 fabricate 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 befriend minimize the assault floor and fabricate it greater challenging to penetrate and inch laterally throughout networks, an Important partake of an built-in Cyber defense strategy.”

    “At Telit we're total 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 industry endpoints with a unique and useful protection layer. At basically zero absorb an effect on in efficiency and productiveness, they profit an Important capacity of addressing superior attacks with lots more desirable tackle 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 survey 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 depend 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 link 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 true Questions and Pass4sure dumps

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

    The industry 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 uphold tackle hackers that are exploiting complicated endpoint environments, and overcome the boundaries of medium 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 method 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 unique 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 true Questions and Pass4sure dumps

    Symantec Corp introduced new improvements and enhancements to its endpoint security portfolio designed to refuge in opposition t essentially the most sophisticated cyber attacks through advanced endpoint insurance policy and hardening capabilities. These new offerings will befriend purchasers gash back the endpoint assault surface by using allowing most efficacious benchmark splendid 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 determine 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, habitual vulnerabilities, zero-day attacks, and every thing in between.  Symantec can provide these technologies via a unique 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 efficacious allowing common, first rate applications to run, accordingly minimising the attack floor. The trade-leading whitelisting retort comprises smart, auto-technology of utility-particular guidelines, finished utility discovery, in-depth possibility assessment, and eternal monitoring of application drift – making it effortless to installation and exploit in dynamic endpoint environments.
  • Symantec Endpoint application Isolation makes it feasible for users to download and utilize any application safely by course of guaranteeing every software is restricted to safe and accepted behaviour. via better visibility and intelligence, suspicious applications will too be remoted to steer transparent of any privileged operations that can damage the endpoint. software isolation will additionally refuge primary first rate purposes from tampering to cease attackers from exploiting capabilities vulnerabilities.  
  • Symantec Endpoint Cloud link defense grants dynamic protection via assuring community integrity via a coverage-based judicious VPN to refuge 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 assume edge of energetic listing to capitalize access to Important belongings. danger defense for advert restricts publish-take edge of incursions by means of preventing credential theft and lateral circulate with a divorce amalgam of AI, obfuscation and superior forensics methodologies to comprise 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 comprise 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 partake of latest suites designed for convenient consumption.

    click on on Deccan Chronicle technology and Science for the newest advice and studies. keep 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 true 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 stout Incident Response Performer | killexams.com true questions and Pass4sure dumps

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

    WATERLOO, Ontario, April 17, 2019 /PRNewswire/ -- BlackBerry Cylance, a industry unit of BlackBerry Limited (NYSE:BB: TSX:BB), today announced that Forrester Research has selected the company as a stout 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 efficacious 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 feasible score for incident response, supporting products and services, medium hours per response, and industrial control systems (ICS).

    "We're so pleased to note 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 travail quickly to not only resolve incidents and restore operations, but too to leverage BlackBerry Cylance's first-of-its-kind artificial intelligence to collect ahead of the murder chain and avert incidents before they happen. Their talent to rapidly quarantine known and unknown malware, deploy sophisticated detection rules, and uphold AI-driven automated response, give customers the predictive edge they requisite before any data, systems or reputations are damaged."

    The Wave report notable that Cylance Consulting will now absorb greater achieve as a result of its recent acquisition by BlackBerry and recognized the company's wide compass of products and services that comprise 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 autochthonous 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 industry 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 confidential with BlackBerry Cylance's award-winning approach for assessing vulnerabilities, resolving security breaches, and establishing a prevention-first approach that allow their customers to avert future attacks and maintain industry 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 requisite 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 true 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 enlarge year over year
  • Deferred Revenues: $1,312 million, a 13 percent enlarge 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 splendid 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 sequence of new products, including Maestro which provides cloud-grade elasticity and resiliency for networks, and the 6000 sequence 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 enlarge 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 partake 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 partake were $1.32 compared to $1.30 in the first quarter of 2018, a 2 percent enlarge 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 enlarge 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 flux 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 note “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 relish 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 sequence 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 confederate Program to Accelerate Sales and Reward Partners for Client Engagement: The new Engage confederate 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 inaccurate 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 favorite compression appliance potentially exposing 500 million users to a remote code execution.

    Windows - Vulnerabilities in RDP Protocols: Check Point Research recently discovered multiple captious vulnerabilities in the commonly used Remote Desktop Protocol (RDP) that would allow a malicious actor to reverse the habitual 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 absorb 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 crusade exploiting Public Cloud Linux servers to implant a new Backdoor, which evades total 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 flux 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 crusade from a known threat actor who is now exploiting a new backdoor with an customary 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 crusade 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 total information about MacOS malware.

    Conference summon and Webcast Information Check Point will host a conference summon 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 dispute 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 topic 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 entangle 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 total sizes.

    ©2019 Check Point Software Technologies Ltd. total rights reserved

    Legal Notice Regarding Forward-Looking StatementsThis press release contains forward-looking statements within the acceptation 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 sequence Gateways, and the Infinity Gen V security platform, expectations related to their new Engage confederate 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 topic to risks and uncertainties that could cause actual results or events to vary materially from those projected.  These risks comprise their talent 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 common market, political, economic and industry conditions.  The forward-looking statements contained in this press release are too topic 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 too publicly presented these supplemental non-GAAP financial measures in order to assist the investment community to note 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 industry 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 partake 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 partake 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 partake 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 poise 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 flux DATA

    (In thousands)

      Three Months Ended   March 31,   2019   2018   (unaudited)   (unaudited) Cash flux 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 flux 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 flux 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 nascence of the period 4,039,124   3,848,045         Cash and cash equivalents, marketable securities and short term deposits at the cease 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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    Dropmark-Text : http://killexams.dropmark.com/367904/12946438
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