Leading firewall and security vendor Check Point Software Technologies has announced profits of $US74.3 million for the third quarter of 2001, citing decreased costs and strong uptake of new products as driving the results.
The $74.3 million figure was up from the $61.6 million Check Point tallied in the third quarter of 2000.
Revenues for the quarter were $118 million, up from $116 million in 2000. Check Point also said that it has $944.2 million in cash and investments.
During the quarter, Check Point began shipping its Check Point NG product, the next generation of the company's security software; introduced Provider-1 NG, a software package targeted at carriers which allows them to manage multiple firewalls from a single console; and expanded the feature set of its OPSEC (open platform for security) framework.
The company also said that the September 11 terrorist attacks accounted for an estimated loss of between $15 million and $20 million for the quarter.