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Market Impact: 0.3
Check Point Revenue Dips 1%, Calls a Trough: Rapid Earnings Reaction
Source: fool.com
Corporate EarningsCompany Fundamentals
Products and licenses revenue fell 19%, pointing to weaker maintenance revenue ahead because product sales feed future maintenance. A $25 million R&D credit lifted operating margin to 26%; excluding the credit, margin would have been about 23%.
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