Check Point Software Technologies Ltd. (CHKP) shares are almost flat in pre-market trading Wednesday after the company reported its first quarter earnings results.
The data security firm posted earnings of $1.06 per share on revenues of $404.30 million, up 8.4% from a year ago. Analysts were expecting EPS of $1.03 on revenues of $404.37 million.
Check Point shares have a current market capitalization of $16.07 billion.
Dish Network Corp. (DISH) shares are up 1.01% to $47.80 in pre-market trading after it reported fiscal results for the first quarter.
In its quarterly report, the U.S. satellite TV provider said it earned $0.84 per share, well above the $0.57 per share analysts were expecting. Revenue rose 1.9% to $3.79 billion, slightly below views for $3.80 billion. Average revenue per user in the company’s pay-TV business rose to $87.94 from $85.73. Pay-TV subscriber churn rate was 1.63% versus 1.64% for first quarter 2015.
DISH Network is down 31.64% year-over-year, compared with a 0.34% loss in the S&P 500.
Shares of EMC Corporation (EMC) gained $0.40 to $25.95 after the company reported first-quarter earnings of $5.47 billion, or $0.31 per share. Analysts had been modeling $5.64 billion and $0.33 per share. The miss is attributed to the co.’s older and pricier storage devices. The newer models using flash technology aren’t perform as well as they are not growing rapidly enough to make up lost ground.
In the past 52 weeks, shares of Hopkinton, Massachusetts-based company have traded between a low of $22.66 and a high of $28.77. Shares are down 2.86% year-over-year and 0.08% year-to-date.
Coca-Cola Company (KO) reported first quarter EPS of $0.45 before the opening bell Wednesday, compared to the consensus estimate of $0.44. Revenues declined 4.0% from last year to $10.28 billion. Analysts expected revenues of $10.24 billion. Despite the beat the stock is down $0.70 pre-market to $45.90 a share.
Coke shares have jumped 18.37% year-over-year and 8.5% since the beginning of 2016.
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!