CLAIM #67064 · Check Point Software Technologies Ltd (CHKP) · 2024Q3 earnings call · Oct 29, 2024 · due Dec 31, 2024
“For Q4, we have a few seven-digit deals on that SASE platform.”
Gil Shwed · CEO
In context
“Gil Shwed (Founder and CEO): We're actually seeing positive traction with Perimeter 81. If you remember, we started a year ago, and I think this is crucial for our network security platform to have a SASE cloud-delivered security as part of the platform. We started selling it for the last year, and sales have been fine, and we started the integration. First, I think we're doing well on the integration timeline. Second, last quarter, we observed some nice jumps in quarterly sales, indicating a positive trend. It's still small, so I'm not pointing to it as the big achievement, but when you see sales growing a few percent every quarter, then jumping to double digits, that’s a very positive change. For Q4, we have a few seven-digit deals on that SASE platform. Overall, there are reasons to be optimistic about this, and hopefully, we can accelerate what we are doing. My job as CEO is to ask everyone to accelerate; their job is to do the best they can, and I think we're doing a good job there.”
Verify independently
SEC filings for CHKP ↗ · Claim quote is verbatim from the 2024Q3 earnings call.