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Vendor : Checkpoint
Exam Code : 156-215.65
Exam Name : heck Point Security Administration I NGX
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156-215.65 heck Point Security Administration I NGX

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156-215.65 exam Dumps Source : heck Point Security Administration I NGX

Test Code : 156-215.65
Test Name : heck Point Security Administration I NGX
Vendor Name : Checkpoint
Q&A : 366 Real Questions

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verify aspect broadcasts SandBlast cell three.0 - the first to supply risk Prevention expertise to enterprise cellular devices | Real Questions and Pass4sure dumps


examine point® utility applied sciences Ltd, a number one company of cybersecurity options globally, nowadays announced new capabilities for its business-main mobile hazard defense solution, SandBlast cellular. SandBlast mobile 3.0 becomes the most effective solution within the category to offer chance prevention technology for the commercial enterprise, enabling employees to securely habits business the use of their mobile instruments.

the new SandblastMobile three.0 establishes a new cellular security paradigm with on-device community chance prevention. The latest additions to SandBlast cell will now:

• avoid phishing assaults on all purposes;• keep away from browsing to malicious websites the place devices may additionally develop into contaminated;• Block infected gadgets from sending delicate data to botnets;• retain contaminated contraptions from getting access to company purposes and facts;• Mitigate threats devoid of counting on consumer action or mobile administration structures.

“cell devices are a key a part of the IT ecosystem of businesses globally. despite the fact, in most organizations, they don't seem to be covered any place near the stage they need to be, when it comes to the price of the company belongings they shop and procedure,” pointed out Itai Greenberg, VP of Product administration at investigate element application technologies. “corporations deserve to use constant, complete risk prevention across their cellular fleets, to cease these gadgets from being the susceptible aspect of their safety defenses. the brand new capabilities for SandBlast mobile extend our choicest-in-classification possibility prevention expertise to cellular, supplying absolutely-integrated protection across business networks, endpoints, cloud and cellular deployments.”

SandBlast cell is probably the most comprehensive chance defense answer to prevent advanced cyber assaults. Its technology protects in opposition t threats to the OS, apps and community, scoring the trade’s maximum threat catch rate with out impacting performance or consumer event.

In Miercom’s impartial mobile risk defense business assessment, SandBlast cell accomplished the highest risk catch fee of all tested vendors. determine factor has viewed the attack vectors on cellular gadgets expand from just ordinary malware, network and OS exploits, to now consist of zero-day malware, mobile cryptomining, SMS attacks and Bluetooth exploits. To tackle this, the company presents an entire solution to commercial enterprise consumers, a part of examine factor’s Infinity security structure. Infinity seamlessly shares symptoms between network appliances, pc endpoints, cloud, and mobile.

About examine point software applied sciences Ltd

assess point utility technologies Ltd ( is a number one company of cyber protection solutions to governments and corporate agencies globally. Its options give protection to customers from cyber-attacks with an business main capture expense of malware, ransomware and different kinds of assaults. examine factor offers a multilevel security architecture that defends enterprises’ cloud, network and cell gadget held counsel, plus essentially the most finished and intuitive one aspect of manage safety management system. assess element protects over 100,000 organizations of all sizes.

determine aspect application applied sciences (CHKP) Q2 2018 earnings convention name Transcript | Real Questions and Pass4sure dumps

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graphic supply: The Motley fool.

check element software technologies (NASDAQ:CHKP)Q2 2018 income conference CallJul. 25, 2018 8:30 a.m. ET

  • prepared Remarks
  • Questions and solutions
  • call members
  • organized Remarks:


    Greetings, and welcome to the investigate point utility 2d-quarter 2018 earnings conference call. [Operator instructions] As a reminder, this convention is being recorded. it's now my pleasure to introduce your host, Kip E. Meintzer, head of world investor family members.

    thanks. You may additionally begin.

    Kip Meintzer -- Head of global Investor members of the family

    thank you. i would want to thank all of you for becoming a member of us nowadays to discuss determine point's second-quarter 2018 monetary consequences. becoming a member of me today on the call are Gil Shwed, founder and CEO; along with our CFO and COO, Tal Payne. As a reminder, this name is webcast are living on our site and is recorded for replay.

    To access the are living webcast and replay suggestions, please visit the business's site at for your convenience, the conference name replay might be purchasable via August 2. if you need to attain us after the call, please contact Investor relations by email at earlier than we start management's presentation, i'd want to spotlight right here.

    during the direction of the presentation, examine aspect's representatives might also make sure ahead-searching statements. These forward-searching statements in the meaning of part 27A of the Securities Act of 1933 and section 21E of the Securities trade Act of 1934 include, however aren't limited to, statements related to assess element's expectations involving company, fiscal efficiency and shoppers; the introduction of latest products and courses and the success of these products and programs; the success of our revenue and advertising and marketing efforts, the atmosphere for protection threats and developments in the market; our strategies and focus areas, demand for our options and our business and monetary outlook including our suggestions for Q3 2018. as a result of these statements pertain to future routine, they're discipline to a number of dangers and uncertainties. genuine effects may range materially from determine point's present expectations and beliefs.

    components that might cause or make a contribution to such changes are contained in check point's profits unlock press issued on July 25, 2018, which is obtainable on our site; and different factors and risks together with those mentioned in investigate point's Annual report on kind 20-F for the 12 months ended December 31, 2017, which is on file with the Securities and trade commission. assess factor assumes no responsibility to update assistance concerning its expectations or beliefs, except as required through legislations. In our press unencumber, which has been posted on our web page, we existing GAAP and non-GAAP effects, along with a reconciliation of such consequences, as neatly as the causes for our presentation of non-GAAP suggestions. Now, i might like to turn the call over to Tal Payne for a evaluation of the fiscal outcomes.

    Tal Payne -- Chief financial Officer and Chief working Officer

    thanks, Kip. decent morning and first rate afternoon to all and sundry joining us on the call these days. i'm completely satisfied to start the assessment of the 2d quarter. Revenues for the 2nd quarter increased by means of 2% to $468 million, toward the high conclusion of our counsel, and our non-GAAP EPS grew through 8% to $1.37, exceeding the top of our assistance.

    before I proceed further into the numbers, let me remind you that our GAAP monetary outcomes encompass stock-based mostly compensation charges, amortization of bought intangible assets and acquisition-connected prices as neatly as the connected tax effects. take into account, as applicable, non-GAAP advice is introduced apart from these gadgets. Now let's take a look on the monetary highlights for the quarter. products and protection subscription revenues have been $258 million.

    Our security subscription revenues endured to be robust, which signify increase yr over 12 months, reaching $132 million. Our utility updates and renovation revenues elevated to $210 million, representing 4% boom 12 months over year. Deferred revenues as of June 30, 2018, reached $1.158 billion, a growth of $ninety four million, or 9%, over June 30, 2017. revenue distribution by means of geography for the quarter was as follows: forty eight% of revenues got here from Americas; 36% of revenues got here from Europe; and the closing sixteen% came from Asia Pacific, Japan, middle East, and Africa place.

    From a deal-measurement point of view, this quarter we had fifty eight shoppers with transactions over $1 million. This quarter, the total price of these transactions improved with the aid of over $50 million and covered some tremendous multiyear contracts that had been no longer fully invoiced and therefore don't seem to be part of the deferred salary. Transactions improved than $50,000 have been 76% of total-order quantity. Non-GAAP working margin for the quarter become fifty three%, comparable to the outdated quarter.

    We continued to invest in our sales drive and marketing efforts. This funding accelerated our headcount and compensation in line with our plan. effective non-GAAP tax rate for this quarter became 17%, akin to the previous quarter. GAAP internet profits for the 2d quarter of 2018 become $198 million, or $1.24 per diluted share, a rise of 10% from the 2d quarter of 2017.

    Non-GAAP web revenue for the quarter became $218 million, or $1.37 per diluted share, a rise of eight% from the second quarter of 2017, and exceeded the true conclusion of our information. Our cash balances as of June 30 have been $4.042 billion. operating money move was $213 million, in comparison to $226 million within the 2d quarter of 2017. This quarter we had amazing collection from valued clientele as well as discount within the tax-exempt paid to the authorities compared to ultimate yr.

    We hedge our steadiness sheet in opposition t foreign money fluctuation. The hedge affects our money movement with a minimal impact on our P&L as intended. throughout the quarter, the dollar strengthened against most currencies on earth, leading to a hedge charge of about $14 million in our money circulation and not using a effect on the P&L versus cash salary of $11 million last year. Our working cash circulate apart from the hedge effect extended by using 5%.

    We continue to enforce our share-buybacks program all through the quarter and repurchased about 2.5 million shares for a complete can charge of approximately $250 million. We believe that our market leadership and long-time period growth prospect make this a great time to further make the most of our cash to enhance shareholder price. As such, we now have announced these days doubling our buyback plan to $2 billion and boost the quarterly repurchase via 30%, as much as $325 million 1 / 4. The quarterly amounts may also range.

    Now let's turn the name over to Gil for his feedback.

    Gil Shwed -- Founder and Chief executive Officer

    hello, everybody, and thanks, Tal. i am happy to document that we accomplished the 2nd quarter with greater effects than our plan. this is a reflection of solid execution of our global sales force, which delivered first-rate outcomes out of the U.S. and Europe.

    As you are mindful, our business model is becoming more and more more annuity and subscription-based mostly. within the 2nd quarter, this fashion continued with first-class increase in annuities construct, reflected an improved superior threat prevention cloud subscription. Our revision of presenting fifth-generation cybersecurity solution continues to make headwind in the industry. We proceed to advertise our revision with addition container actions and, this quarter, we realized a big increase in our marketing indicator, double-digit boom in meetings, conferences and our web site visitors.

    I actually have suggested in the past about the execution challenges in our U.S. income drive. in the 2nd quarter, we noticed a good stage of recreation and outcomes. complete business quantity within the U.S.

    remaining quarter turned into very decent. whereas one quarter may additionally now not point out the complete turnaround, it's respectable to look the changes we have made in our U.S. earnings force have begun delivering suit outcomes. As for Europe, inner metrics were very good fairly plenty across-the-board, which makes me much more completely satisfied with the results.

    We believe our 2d-quarter consequences all started to improvement from the extended income and advertising and marketing actions. while properly revenues only grew a bit, behind the scenes, we experienced strong execution, primarily with our subscription. when it comes to product phase, we've endured to peer healthy increase in both inner most and public cloud. Key consumers in lots of sectors have adopted our cloud options.

    We additionally had an outstanding quarter with our business and tremendous excessive-conclusion 40K and 60K sequence security answer. the realm Cup attracted global consideration remaining quarter. And as you would are expecting, there changed into a variety of malicious endeavor around the video games. Phishing sites that attracted World Cup audiences allowed malware to be downloaded onto the victim's desktop.

    There become cellular malware hidden inside World Cup apps, all offered us with an opportunity to display our multivector prevention capabilities. the area Cup infrastructure additionally generated massive volumes of site visitors and with them a very high quantity of attacks. i am proud to report that our tremendous-excessive-conclusion items have been used to protect probably the most most critical World Cup infrastructure. we have continued to increase our level of customer-facing actions by expanding the number of skill-degree conferences and promoting the Infinity architecture.

    I consider that Infinity is the only structure obtainable nowadays in our marketplace that offers prevention capabilities in opposition t all five generations of cyberattacks. In surveys we've performed, most effective 3% of organizations consider that they are competent for the fifth generation of cyber attacks. rather an extraordinary incontrovertible fact that 97% aren't prepared by way of their personal admission. we now have endured to see our pipeline for Infinity complete insurance plan answer build.

    As we spoke about remaining quarter, these deals customarily take longer to deliver to fruition. during the second quarter, we persevered to see several customer adoption of the various elements of the Infinity architecture, starting from local businesses in the transportation enterprise, all the technique to one of the most world's biggest telecommunication and gadget integrator. This success is terribly unique and we continue to see increasing numbers of opportunities in almost each phase and vertical. Our earnings execution is still the key to unlocking the total knowledge of our security choices in the industry.

    usual, the 2nd-quarter inner metrics and execution were better than I anticipated, which leads me to our projection for the third quarter. You know my typical caveats, the long run is always difficult to foretell. There may well be upside and clearly the capabilities for draw back. remember, the third quarter can be difficult with summer holiday and seasonal fluctuation.

    With that in mind, listed here are the third-quarter stages we're concentrated on. We expect revenues between $454 million to $474 million, non-GAAP EPS within the latitude of $1.30 to $1.40, GAAP EPS is anticipated to be about $0.15 reduce. There isn't any trade to our full-yr projection. Now i need to open the demand your insightful questions and remarks.

    thank you very tons.

    Questions and answers:


    thanks. Our first question nowadays is coming from Fatima Boolani of UBS. Please go ahead.

    Fatima Boolani -- UBS -- Analyst

    hello. good morning. thank you for taking the question. maybe a query for Tal, as you think about investments and the tempo of investments for the leisure of the yr.

    perhaps simply developments, sales productiveness tendencies that you've got seen as you wrap one of the heavy hiring from the core of last yr and kind of your expectations for hiring for the remainder of the 12 months?

    Tal Payne -- Chief financial Officer and Chief operating Officer

    So we continue to -- we're assembly our plan of a headcount recruiting. We nonetheless have growth to do as part of our plan, as we discussed earlier than. So we're in line. when it comes to revenue metrics, we measure them continuously as we now have metrics and measurements for every thing.

    We measure their booking, their pipeline, distinctive levels within the pipeline. We see the pipeline is growing to be. So all in all, i would say we see first rate indication in terms of development there and still a method to move it's why we continue to invest in that area.

    Fatima Boolani -- UBS -- Analyst

    Thanks, Tal. And just a extremely short one for Gil on the pricing strategy around Infinity. i wanted to have in mind with one full quarter in – pretty much two full quarters in, what the consumer response has been across the per-person mannequin and how it really is making its method in the course of the channel accomplice neighborhood, because it's just essentially distinct way of selling your portfolio? and that's it for me. thanks.

    Gil Shwed -- Founder and Chief government Officer

    The early feedback is reasonably wonderful. We haven't viewed any objections and that i feel the pricing is catching up. I consider it be too early to claim if it be definitely successful or now not as a result of there is best a small variety of deals and it's too early to assert. however typical, or not it's got rather smartly.

    Kip Meintzer -- Head of world Investor relations

    next question.


    Our next query is coming from Brad Zelnick of credit score Suisse. Please go ahead.

    Brad Zelnick -- credit score Suisse -- Analyst

    Thanks very a great deal. pleasant to look things begin to stabilize. I've received two questions, first for Tal. On the margin, I suppose here's the first time i will remember in a long time you seeing working profits decline yr on year, which I respect the investments that you're making in revenue and advertising and the time that so as to then take to yield returns.

    but you also mentioned on your remarks that in the quarter, it included some massive multiyear offers that have been not invoiced, which I suppose is a new means of going to market for you. are you able to just speak a bit bit about that and the extent to which you pay commissions upfront or defer those commissions over time?

    Tal Payne -- Chief monetary Officer and Chief working Officer

    So basically -- again, it depends on the classification of transaction. however in familiar, we pay for the primary yr, as a typical comment, with some bonus for the subsequent three years. you might be appropriate within the experience that if we promote Infinity, for instance of subscription, it can carry with it better deals, which is a nice factor and also longer when it comes to the period it truly is why you see a big increase, which we always do not divulge. We simply idea it might be an enchanting information aspect so that you can needless to say from time to time, what you see in the stability sheet isn't -- you do not see what's going on in the back of the scene regarding what Gil talked about about inside metrics.

    So if in case you have this class of transaction, invoicing can ensue quarterly or month-to-month or annually while the contract and the dedication is for two, three, or 4 years. it is why I gave this colour. an additional thing that i can say, we did focus on investing ahead of the increase, which is the investments within the headcount and within the marketing, which is anticipated to look some discount within the margin. I have to say the margin is better than we expected and deliberate.

    so you can see on the conclusion, our operating income and EPS are better. And we did have a small terrible impact from the currency, probably about $0.01, as a result of the currency effects of -- on the P&L.

    Brad Zelnick -- credit score Suisse -- Analyst

    Very effective color. And for Gil, Gil, greater than ever I believe we're listening to every utility business talk about safety as a priority. Microsoft in fresh weeks introduced Azure Firewall, Amazon has GuardDuty. To what extent, are you seeing consumers relaxed with one of the most native controls that are available in a lot of clouds and other software platforms relative to coming to a corporation like investigate factor for specialized protection? thanks.

    Gil Shwed -- Founder and Chief government Officer

    within the popular industry, I suggest, I believe shoppers have actually adopted a safety enterprise to secure their organizations. within the cloud, there's really some room for the native controls. And in the cloud, as we will see, the world is not included. we've viewed some of the greatest suggestions leakage over the final years.

    just about all of them have been results of breaches to cloud infrastructures. And in familiar, I might not -- I suggest, our job, each examine element and few different corporations in our business, is to add a degree of safety on precise of each whatever native product is doing in the market. and i don't know, happily or sadly, no count number the way you study that, we have a whole lot of work to do. the world that we live in is extra susceptible today than ever.

    Brad Zelnick -- credit Suisse -- Analyst



    thank you. Our subsequent query is coming from Shaul Eyal of Oppenheimer. Please go ahead.

    Shaul Eyal -- Oppenheimer & enterprise -- Analyst

    thank you. good afternoon, guys. Congrats on my end as smartly. Two brief questions.

    Gil, with admire to income and advertising and hiring, a part of those investments, have you been taking any distinct actions with respect to channel members of the family, investing extra in that respect?

    Gil Shwed -- Founder and Chief executive Officer

    good enough. So the answer is yes. And again, it varies the place you are talking in regards to the channel. We did invest a bit bit in inspecting the fame of the channel and how are we doing and what we should increase.

    It varies by using different regions. There are regions of the area after we're doing very smartly and we proceed within the same pace. within the U.S. notably, we should enrich the woodwork that we're doing with the channel, and we had some adjustments also within the management of the channel within the U.S.

    simply at the conclusion of the quarter, so it's going to still take time until we do this. there is definitely a good deal more knowledge in the U.S. to do more with our channel companions and to get more value from this relationship that we now have for thus a long time.

    Shaul Eyal -- Oppenheimer & enterprise -- Analyst

    Understood. and maybe on the choice to double the buyback, so I believe most of us here understand check point's method with appreciate to acquisitions and dividends. and i suppose looking on the approach you had been expanding your buybacks over the years, this one stands out a little bit, like doubling it. and i understand we did might have form of an indefinite time frame, however talk to us about the resolution to double the buyback.

    Gil Shwed -- Founder and Chief executive Officer

    I suppose or not it's according to remarks that we received from shareholders. I mean, Tal and Kip and -- I suggest, our IR team is doing a lot of work to in reality get quantitative information, to survey traders about those preferences. I feel we do see that there's a possible to boost the buyback. we have additionally analyzed the inexpensive consequences on that and we see that they were nice.

    So I feel basic, or not it's a fine decision. I suppose we have the resources. I think we have the upside knowledge. So confidently, it will have the superb effect relocating ahead.

    It doesn't influence our means or our motivation to execute some acquisitions. and i hope that we will discover the appropriate companies, and we will execute some of these acquisitions even if in the quantity of universe that we're and in the innovation that we now have internally in examine point, it's no longer easy to locate the right acquisition. And presently, incidentally, i'm seeing lots of innovation coming from inside investigate aspect to the marketplace.

    Shaul Eyal -- Oppenheimer & company -- Analyst

    thank you.


    thank you. Our next question is coming from Andrew Nowinski of Piper Jaffray. Please go ahead.

    Andrew Nowinski -- Piper Jaffray -- Analyst

    exceptional. Thanks for taking the questions. So i do know you stated this remaining quarter that Infinity changed into delaying some product refreshes, however i was hoping to get greater colour on it again. So if we look at your product and subscription revenue, it handiest grew about 0.6%, and i realize the comps are tough, but they did get a little more straightforward in Q2, yet your growth additional decelerates.

    i wonder in case you'd simply supply any updates on the product and subscription growth deceleration and the have an effect on from Infinity.

    Tal Payne -- Chief economic Officer and Chief working Officer

    So be aware that what you see in revenues is usually the effect of the booking of the last two quarters since it takes time to translate into the P&L. So we mentioned it in length. this is the explanation why we diminished the counsel in the previous quarter. This quarter, we in fact had a robust booking when it got here to the subscription and people items, but it takes time to translate.

    Product is lagging in the back of.

    Andrew Nowinski -- Piper Jaffray -- Analyst

    good enough. and then on the Americas, i do know you stated that the quantity stronger this quarter, but it appears like growth in Americas become just about nonetheless flat. I wager, how long do you suppose it is going to take to get boom back within the Americas to speed up once more?

    Gil Shwed -- Founder and Chief executive Officer

    So first, I did mention that when it comes to our inside metrics, we in fact had a good looking decent quantity of total business within the U.S. final quarter. and that i consider, as Tal just mentioned, what you see now's the reflection of what we had in previous quarters, not just during this quarter, particularly as a result of now we have elevated subscription that are, truly may be mirrored only during this quarter and future quarters. Now I do not are looking to be -- so if I take the developments that we now have considered in the 2d quarter, I may still be very confident.

    but I don't think that one quarter is an outstanding indication of a full turnaround. So i may be looking at intently what's going to turn up within the third quarter and in the fourth quarter. And expectantly, we'll have things in the U.S. stabilized and get to proceed the tendencies that we now have started there seeing.

    however Q1 and Q2 were now not equivalent at all in terms of the habits of the -- of our consequences within the U.S.

    Andrew Nowinski -- Piper Jaffray -- Analyst

    Thanks, Gil. Thanks, Tal.


    thanks. Our subsequent query is coming from Michael Turits of Raymond James. Please go forward.

    Michael Turits -- Raymond James --- Analyst

    whats up, guys. Michael Turits. Thanks lots. First, can you comment on discounting both in normal, on renovation in certain, and on no matter if or now not there turned into any discounting required in these multi-yr deals?

    Tal Payne -- Chief monetary Officer and Chief operating Officer

    truly, multiyear is not necessarily the hardest offers, appropriate? it be now not the -- the discounts are alluring but aggressive, competition on specific bills. So in case you compete on a new consumer, for example, then you definately see larger discounts. you probably have competitors in that account, you see larger ones. So the style didn't change.

    When it be aggressive, you see a lot more power. Some players are main with cost, doubtless related to differentiation in product. Our differentiation is the first-class of the product. Some participant differentiation is pricing.

    So when it comes to pricing, then it affects the coupon codes. So nothing new there. i will be able to let you know from searching on the ultimate few quarters, i will say, as a generic comment, continued force on the discounts on the product and a few stabilization in the subscription and the aid discounts.

    Michael Turits -- Raymond James --- Analyst

    and then speakme of product, this became a moderate beat to expectations or consensus on license, however still down. Is there some point where you feel that we could be stabilizing that decline and moving returned toward fine growth in product?

    Tal Payne -- Chief financial Officer and Chief working Officer

    I consider the answer is yes. however i will just put a caveat that be aware, there's a few issues that are relocating. So if we penetrate to extra new valued clientele and expand the installed base in latest valued clientele, naturally, we may still movement to the fantastic. So -- however be aware, if customers relocating to subscription models, management fashions, vtech, cloud, all these options that -- all of them are sold by way of the subscription from determine element.

    And therefore, it can be a part of the subscription.

    Michael Turits -- Raymond James --- Analyst

    good enough. Thanks, Tal. Thanks, Gil.


    thanks. Our next query is coming from John DiFucci of Jefferies. Please go ahead.

    John DiFucci -- Jefferies -- Analyst

    thanks. I suppose it's Tal or possibly Gil, these are solid results, notably given what you'll been posting remaining few quarters. As Gil referred to, this turned into -- the energy changed into peculiarly -- or the solidness turned into from subscription. I are aware of it's nonetheless early, but i'm simply questioning how lots Infinity complete insurance policy had on -- had with that if it really is basically a subscription.

    Or changed into it effectively enhanced results for extra average subscriptions like you're promoting? I realize it's early for ITT.

    Gil Shwed -- Founder and Chief executive Officer

    presently, this quarter, most of the consequences are littered with the extra traditional subscription, not all of them are normal. again, the SandBlast, some of that -- we had some very first-rate mobility installations in the quarter, extra -- tens of heaps of cell clients for one enormous client. So I imply, we've some quality -- so we had some best alterations and high-quality successes in deployments and sales all over the quarter. and that i believe we proceed to see that part of the enterprise strengthening.

    We really should do extra on different points of the company, and we are able to.

    Tal Payne -- Chief financial Officer and Chief operating Officer

    i will simply add one factor.

    John DiFucci -- Jefferies -- Analyst


    Tal Payne -- Chief fiscal Officer and Chief operating Officer

    i will be able to simply add one element. i will say, remember that many times for those who check with a customer, that you could focus on Infinity, after which he finally ends up buying three gadgets out of the 10 that may also be protected. So or not it's a fine technique to check with the consumer the talents, the highway map and what we have to offer. And a deal like that can come to be with subscription of a SandBlast and not necessarily a full Infinity.

    John DiFucci -- Jefferies -- Analyst

    bought it. ok. first-rate. And if I could -- somebody mentioned in an past query that the results are -- definitely superior.

    and you actually haven't -- at least I don't know of any product cycle improvement you might be seeing within the quarter. And it's nevertheless a tricky comp. So I wager -- because you known as it out, Tal, the deferred earnings, all -- each metric changed into stronger than what we're attempting to find, except for long-time period deferred. I mean, you called out that hi there, listen, you did some future -- some multiyear deals that are not on the steadiness sheet.

    however i'd are expecting that that would likely be like that each quarter. Or is this -- you certainly known as it out, so is it -- changed into it a bit of an anomaly this quarter? and that i bet the next question is why would that take place if that's not commonplace?

    Tal Payne -- Chief financial Officer and Chief operating Officer

    So be aware, I all the time say that booking -- and that's why it's no longer probably the most metrics that we share with you usually. I always say that reserving can fluctuate between quarters and may circulate between quarters it is why we do not provide it. And we seem on the consistency of the deferred revenues. in spite of this, you're correct.

    This quarter became vastly high-booked but uninvoiced quantity, and that is the reason why I just gave you a believe to it.

    John DiFucci -- Jefferies -- Analyst

    ok. reasonable ample. thank you very a great deal.


    thanks. Our next query is coming from Gregg Moskowitz of Cowen and company. Please go ahead.

    Gregg Moskowitz -- Cowen & enterprise -- Analyst

    good enough. thanks very plenty. Gil, you referenced the enhanced world earnings force execution, however have you ever noticed any change in the network protection spending ambiance over the last few months?

    Gil Shwed -- Founder and Chief executive Officer

    have not considered a big exchange within the community security in the spending environments that an awful lot. and that i believe or not it's nevertheless a relatively advantageous ambiance that we're in. I feel we are taking pictures now very high on the more overall cybersecurity. and i have further and further meetings with the CEOs, CIOs, CISOs, promotion that vision of looking on the greater photo and not just updating and upgrading their old network protection infrastructure.

    once again, that vision will take time to grow, to return to fruition, but I consider it's the long run, now not simply the future for determine factor as a supplier. but when valued clientele in our world desires to hold ourselves guarded from the threats available, the entire generation of threats, we need to take a different approach. just the method of making slightly enhanced protection to the current mechanism that we've is not adequate. We need to make the leap ahead and get an standard consolidated structure.

    and that is the reason what i am attempting to advertise at the present time.

    Gregg Moskowitz -- Cowen & business -- Analyst

    ok. it truly is useful, Gil. after which simply in terms of Infinity, I realize it's early, but do you see this as being – because it unfolds, as being essentially geared towards new valued clientele or successful internet new business, or very a whole lot towards current valued clientele as well? Thanks.

    Gil Shwed -- Founder and Chief executive Officer

    I suppose the answer is both. we have some new purchasers that hazard mannequin is greater alluring for them, and we gained some of those deal. And the existing consumers basically can see the benefit of extra protection, extra consolidation in the new enterprise model which makes it a simpler element to obtain and then to are living with. So I think when I appear at the pipeline, or not it's -- we have both opportunities.

    And by the way, it's in reality a pretty good door opener for dialogue. I think Tal outlined that not each time we present Infinity, we will win the deal, mainly the larger the customer, the greater complicated for them to consolidate. nevertheless it's definitely altering the entire nature of the dialogue and getting us to areas that we have not been before.

    Gregg Moskowitz -- Cowen & business -- Analyst

    ok. extremely good. thank you.


    thanks. Our next question is coming from Saket Kalia of Barclays. Please go forward.

    Saket Kalia -- Barclays -- Analyst

    hey, guys. Thanks for taking my questions right here. Tal, possibly for you. I think you touched on this before, but I just need to ask the query without delay.

    are you able to simply talk about how billings terms on Infinity offers range, if at all, versus ordinary verify factor billings phrases? Now I imply, naturally, determine element does -- the vast majority of offers are 365 days in contrast to a lot of your competitors. So I imagine that there might not be a whole lot of a change. however for the greater offers that are two or three years in duration, as an example, what's been the trend in probably the most early Infinity offers when it comes to making a choice on one hundred% paid upfront annual in advance, quarterly funds? What have you ever -- what are type of seeing in terms of changing billings terms with Infinity, if in any respect?

    Tal Payne -- Chief financial Officer and Chief working Officer

    So i may say from pondering -- A, we had only a couple of deals and most effective so -- and a number of callers even on these. but i will be able to say, the default theoretically is yearly. Some choose to pay it in strengthen, but majority will pay the annual quantity. So it, with the aid of definition, says in case you sign the contract of $1 million for four years, $250,000 a 12 months, then you definitely will see within the deferred handiest the bill volume, which, in most circumstances, will be the $250,000 in my illustration.

    So it should be the annual volume. if you will make a decision to pay it in advance, naturally, you'll see the complete amount. And in the revenues, it's going to take you over four years to see it.

    Saket Kalia -- Barclays -- Analyst

    received it. it is valuable. maybe for my comply with-up, assuming that the multi-yr contracts that you just signed that had been no longer yet invoiced in Q2, assuming that these are average examine aspect type of paid upfront, can you simply supply us a way for variety of what the combination dollar volume is it is maybe moved from Q2 into Q3, simply to possibly have a sense for how the billing seasonality might change at all?

    Tal Payne -- Chief fiscal Officer and Chief working Officer

    i am no longer even bound I remember...

    Gil Shwed -- Founder and Chief government Officer

    I think, first, they aren't – I believe they are not billed yet as a result of they will no longer necessarily be paid upfront but can be paid annually in spite of the fact that the client has dedicated to dissimilar years, greater than 365 days. in order that often is the leading motive that we're announcing that the deal – we received the deal, it be a commitment, it's a multiyear commitment, nevertheless it's now not invoiced since the price is annual.

    Saket Kalia -- Barclays -- Analyst

    obtained it. Very positive. Thanks, guys.


    thanks. Our subsequent question is coming from Anne Meisner of Susquehanna fiscal neighborhood. Please go ahead.

    Anne Meisner -- Susquehanna economic neighborhood -- Analyst

    hello. Thanks for taking my query and first-class quarter. Tal, simply to observe up on the multiyear offers no longer absolutely invoiced, now not to beat a dead horse right here, but I had a a bit different question. Are you going to be proposing any metrics round your off-stability-sheet backlog? i am no longer certain the way it works for determine element for the reason that you might be now not a home filer.

    however the other agencies are really presenting that as part of the efficiency duty disclosure that is related to 606, so -- and that's the reason usually in their 10-Q. So i'm just questioning if you would are expecting to share any of these selected metrics in your last efficiency responsibility.

    Tal Payne -- Chief monetary Officer and Chief working Officer

    sure. whatever thing we deserve to reveal should be disclosed as a part of the 20-F truly.

    Anne Meisner -- Susquehanna fiscal group -- Analyst

    good enough. So it might be in an annual submitting and never in a quarterly. definitely, you do not do quarterly, however ok, that's reasonable. So a short observe-up for Gil.

    Gil, i do know you have got observed focusing greater on new business and promoting bigger into the -- greater up in the firm as you may additionally see go-to-market changes. Is there any further element that you could share on notably the way you're structuring the earnings compensation plans, and notably, because it relates to new business versus renewal business for applications of quota retirement? Any -- simply speak to it. I do not know if there is any exchange within the approach there.

    Gil Shwed -- Founder and Chief govt Officer

    First, we are working very hard with the earnings drive notably to exchange the conduct. and that i feel the alternate in habits is not pushed with the aid of compensation. it's pushed via practicing, via center of attention, via many, many different things. And the salespeople do get a pleasant component of their compensation.

    or not it's a bonus this is driven through meeting the targets and not simply by the reserving quantity. So in fact, now we're within the core of the year and half of the -- I mean, the component on top of the annual bonus might be paid based on assembly this standards of meeting with new consumers, winning new shoppers, attending to larger degree within the firm and the like. So the earnings plan that we have at this time is not 100% commission. It includes both fee and deals.

    Anne Meisner -- Susquehanna financial group -- Analyst

    superb. thanks.


    thank you. Our subsequent question is coming from Philip Winslow of Wells Fargo. Please go ahead.

    Philip Winslow -- Wells Fargo Securities -- Analyst

    hi there, guys. Thanks for taking my query. actually, a couple of questions here. First, Gil, puzzled in case you may simply talk in regards to the aggressive atmosphere with the usual firewall gamers right here and simply variety of what your win prices seem like and pricing.

    after which also, one of the crucial questions I get from a lot of traders is the abilities competition with the relaxed web Gateway providers, whether or not they'd be traditional equipment carriers or those within the cloud. How do you suppose about type of your positioning versus those secure net gateway gamers, peculiarly should you suppose about form of appliance-based mostly versus within the cloud?

    Gil Shwed -- Founder and Chief executive Officer

    I believe we are doing adequate in terms of the competitors in our ordinary market. We had few displacement of our typical opponents like Palo Alto etc. And it's respectable to see that, that consumers recognise the difference in safety and the change between hype and the truth. And the variations are massive, incidentally.

    I suggest, it's a -- I imply, we have the only items that in reality prevents attacks from getting into the network when most of our rivals would allow a Gen V malware to get interior the community and simplest later will give you an alert that whatever thing went incorrect. it be ridiculous to peer that a few of our competitors' product really below load will let connections come in -- malicious connection come and won't block them when our product will dwell blanketed no count what load there's on the product. So there are loads of ameliorations, and that's extra toward the commonplace rivals that we have within the industry. comfy net Gateway, I don't see that right now is a competitor.

    So I suggest, it's not a -- I mean, theoretically, i can talk in regards to the ameliorations, what we are doing, what they are doing, where is the overlap. however when it comes to the precise competition, or not it's not that i can say that we gained over them and that they gained over us. it's at the moment two complementary solutions.

    Philip Winslow -- Wells Fargo Securities -- Analyst

    received it. Thanks, guys.


    thanks. Our subsequent question is coming from Sterling Auty of JPMorgan. Please go ahead.

    Sterling Auty -- J.P.Morgan -- Analyst

    Yeah, thanks. hi, guys. simply wondering if you might give some commentary to the efficiency in Asia Pacific. What did you see that changed into type of market-related versus execution?

    Gil Shwed -- Founder and Chief govt Officer

    So I believe in all areas in terms of our interior metrics, we had good consequences, we had fantastic consequences this quarter. Asia Pacific turned into a little bit in the back of and the different nations there that performed neatly, but there are a couple of international locations that we did see some slowdown and we're engaged on that. or not it's been for a number of years a nice increase engine. presently, ultimate quarter wasn't as good, and i think we are going to work on that.

    Sterling Auty -- J.P.Morgan -- Analyst

    Do you think that it'll require some additional headcount changes or are the people in location and it's extra almost working towards and classes?

    Gil Shwed -- Founder and Chief govt Officer

    First, I do not -- and i don't consider or not it's fair to provide my comments on the inner performance of our people in a public call. I suppose -- however I consider if i could reply in more frequent method, the system of administration is a relentless system of, first, coming up with the correct software, instructing, improving the execution in the current americans. And if issues do not determine, also changing probably the most present individuals. So i'm saying that so -- and that i do not desire any grownup -- once again, internal assess element or outdoor check factor thinks that I even have any particular comment on that.

    it really is the ordinary manner of management, and we do it everywhere the realm, in the U.S., in Europe, in Asia, all over on this planet. And that I think we do have a whole lot to do as a result of I feel we can unencumber lots of expertise in the execution of our earnings force. I suppose we have excellent individuals, however I think we have a good deal, an awful lot greater competencies than what we are becoming to presently.

    Sterling Auty -- J.P.Morgan -- Analyst

    Understood. thanks.


    thank you. Our subsequent query is coming from Walter Pritchard of Citi. Please go forward.

    Walter Pritchard -- Citi -- Analyst

    hi. a query for Gil. just as it pertains to investing for increase, are you able to assist us take into account, are you looking to make investments to develop on the market expense or are you seeking to invest – we're trying to be mindful variety of the – might be the superior price to grow when it comes to level of funding that investigate aspect's looking to put within the company. after which I simply had a observe-up query for Tal on cash movement.

    Gil Shwed -- Founder and Chief govt Officer

    I feel at the moment, we've a -- we nevertheless have lots of work to do so as to grow within the right tempo that we should still be becoming. I don't think that the important thing to that's hiring even though we do have a nice number of openings in our earnings drive. So or not it's now not that we're -- exhausted our headcount and we are actually considering concerning the next stage for investment, we nevertheless have enough individuals that we will rent. and that i feel in sales, it's really quite fundamental.

    every time we see that what we now have is working and dealing neatly, we won't have any issue to invest greater and rent more americans. I mean, our people are ecocnomic. They generate nice amount of enterprise. And if productivity is fitting decent, we do not have any difficulty when it comes to our resources as a corporation or our company model to invest much more.

    Walter Pritchard -- Citi -- Analyst

    outstanding. and then, Tal, for you on the cash circulation, it appears like you were declaring that there became about a swing of $25 million yr over yr as it involving hedging. Does that encompass all the FX-related impacts on money circulate? and may you support us have in mind what the impacts on cash circulation, if FX price stays at these stages, what the FX impact on money circulation can be for the relaxation of the 12 months?

    Tal Payne -- Chief monetary Officer and Chief operating Officer

    it truly is in fact the simplest factor that you simply can not predict because let me remind you what is the intention. The purpose is that if you have asset minus liabilities in native currencies -- in our case, we've extra liabilities in local currencies versus asset as a result of all of our property, together with account receivable, is in dollars. So what you do, if we don't hedge, then the fluctuation in the currencies will hit the P&L. So how to evade a hit within the P&L, if we do not need hedged this quarter, it would have bought a success and the different quarters will get income.

    So what you do is you hedge the stability sheet exposure. That capability the effect within the P&L could be 0 since the hedge will cowl the evaluation of the liabilities in the stability sheet. The purpose is to have that impact being 0. The handiest region you'll see the impact is in the money move.

    The size of the impact depends on what happens to these currencies throughout the quarter. because we have no idea, it truly is exactly why we hedge. So i can inform you, you might be absolutely appropriate. This quarter, the effect become an expense or a charge in our cash stream of $14 million versus an profits of $11 million that we had in Q2 ultimate 12 months, net $25 million, that's why I talked about the impact is in reality the cash circulation become fine and increasing 5%.

    How a good deal will it's next quarter? I basically do not know this is why we are going to have the hedge.

    Walter Pritchard -- Citi -- Analyst

    I bet, just to be clear there, though, if FX rates dwell the equal as they're nowadays, does that proceed to be an FX or a money-move headwind for the leisure of the yr? Thanks.

    Tal Payne -- Chief economic Officer and Chief operating Officer

    No. no longer at all. now not at all. since you roll them every month, correct? So if the fees will dwell solid, it would have a nil impact.

    Walter Pritchard -- Citi -- Analyst

    thank you.


    thank you. Our next question is coming from Karl Keirstead of Deutsche bank. Please go forward.

    Karl Keirstead -- Deutsche financial institution -- Analyst

    Thanks. Gil, I haven't heard you point out the R80 architecture in a while. If I actually have my information straight, I consider R80 launched two, simply went G. and i'm just curious no matter if you feel that has the potential to be any sort of an upgrade catalyst for investigate point in the 2d half or in 2019.

    after which for Tal, Tal, if I take the midpoint of your 3Q earnings e-book and your full-12 months profits e-book, it implies that in 4Q, growth goes from, call it, plus 2% to negative 1%. and i just desired to ask whether you would call out anything else or is that this simply you being a little conservative given the variables that Gil referred to in terms of the revenue turnaround. thanks.

    Gil Shwed -- Founder and Chief government Officer

    So first, R80, in generic, is within the marketplace and it's the default edition. and many americans are the usage of it although we do have some clients which are nonetheless on R77.30, which is also a fine release, very good, and once again, giving more security than some other items in the industry. R80.20, the 2nd or possibly in fact, third version of R80, isn't yet out. it's expected expectantly this quarter to be out.

    it will supply loads of benefits and should supply lots of raise to our efficiency as well as to a couple of different security capabilities. I think individuals predict it. it's in early entry with many valued clientele. And we are -- the administration part of it is I consider in the more construction grade.

    The gateway side of it, once again, expected these quarters, and we are working difficult to unencumber it presently once more this quarter.

    Tal Payne -- Chief economic Officer and Chief working Officer

    And to your question involving the suggestions. I mean, Gil alluded to that. We don't exchange the suggestions during the 12 months except there's whatever material. So we hold the advice.

    And understand that the numbers in case you take out Q3, then the planned quantity is this autumn, but we must see Q3 to be able to understand what is going to take place in this fall. So or not it's extra like that the maths of casting off Q2 and Q3 and seeing what this fall will do. So or not it's not that I see anything distinct. it be simply that the numbers are the counsel that we provided.

    We need to wait and spot what occur in Q3 and then see -- and give you a advice for this fall in particular.

    Karl Keirstead -- Deutsche financial institution -- Analyst

    Yeah. acquired it. thank you, both.


    thank you. Our next query is coming from Ken Talanian of Evercore ISI. Please go forward.

    Ken Talanian -- Evercore ISI -- Analyst

    hi. Thanks for taking the query. i used to be wondering in case you may supply us a way for the trends to your software Blade internet retention fee.

    Tal Payne -- Chief economic Officer and Chief working Officer

    or not it's in fact quite respectable, so we don't deliver it, I defined many times why, but i can simply say that it's very first rate. or not it's solid, in some areas increasing, but in general, reliable and doing smartly, together with the brand new blade it really is our – the SandBlast Blade for advanced risk coverage.

    Ken Talanian -- Evercore ISI -- Analyst

    And as we look ahead, what should still we consider of because the simple drivers to doubtlessly expand that web retention fee?

    Tal Payne -- Chief monetary Officer and Chief working Officer

    I have to say it be been that approach very stable for the final doubtless two years. We started very low and it improved and reached to those levels that we now have now. And confidently over time, as individuals will adopt extra Infinity, Infinity may also be a driver within the sense that if americans purchase Infinity, that capability they have an interest in moving from Gen II, III to Gen IV and V in protection, that capacity better adoption and utilization, if people are adopting and employing these capabilities then renewals should raise.

    Ken Talanian -- Evercore ISI -- Analyst

    acquired it. Thanks very a great deal.

    Gil Shwed -- Founder and Chief government Officer



    thank you. Our subsequent query is coming from Gabriela Borges of Goldman Sachs. Please go forward.

    Gabriela Borges -- Goldman Sachs -- Analyst

    awesome. thanks for taking my query. I have a -- for Gil or Tal, on Infinity total coverage. i'm hoping that you can frame for us a way to consider in regards to the upside that you simply're able to extract as customers flow from the typical model to Infinity total coverage, probably in line with the early offers that you have closed or the way you might have thought in regards to the expense aspects.

    How plenty common sense may the deals be on the Infinity complete protection if you happen to seem over a three- or 5-year length versus the natural model? Thanks.

    Tal Payne -- Chief financial Officer and Chief working Officer

    So if you happen to seem on the complete, it can also be enormously larger, like tons of of percent, of direction. however when we try to analyze it in terms of the dimension annually, then also that can develop significantly, meaning annual evaluation depends upon the place the customer changed into earlier than he moved to Infinity. So an illustration, a new consumer, without doubt, or not it's all increase, so that's best. current client, if or not it's an current consumer that become perhaps best on Gen II and is now taking Infinity and relocating to Gen V, it can also be a very enormous, very excessive tens of percentage increases, right? If he already had SandBlast and he now simply adopted the cell and the cloud, then it can be a lower enhance.

    So it depends the place you're as a starting point.

    Gil Shwed -- Founder and Chief government Officer

    however the capabilities is awfully, very high. and i think it is dependent upon the class of consumers and the volume of consolidation that we do. And the actual economic -- once more, the benefit for the consumer isn't the economics. The benefit for the customer is the degree of safety and the incontrovertible fact that they could leap 10 years forward when it comes to our security structure.

    Economically, it basically varies how lots we will consolidate from our products. What now we have considered during the past is that consumers have consolidated four, five vendors into our one solution once they moved to the Infinity total insurance plan.

    Gabriela Borges -- Goldman Sachs -- Analyst

    it's advantageous. thank you. And a observe-up, if i could. Gil, you outlined right through the prepared remarks some of the symptoms that you just seem to be to as forward indicators, double-digit increases in conferences, conferences, internet site visitors.

    just curious how do these indicators compare to might be a 12 months in the past or 1 / 4 ago?

    Gil Shwed -- Founder and Chief executive Officer

    So I consider they're double-digit increase in comparison to a year ago and those -- basically compared to ultimate quarter in both instances. I believe we are investing a good deal greater in revenue and advertising. again, a few of it you see in the greenback spend, but most of it is not the greenback spend. it be the focal point, the execution, it be what we do.

    And it be in fact, truly high-quality to see, in some cases, the -- I mean, the increase right here is basically quality. In some instances, or not it's 30% increase. In some circumstances, or not it's 60% and even 80% boost, extra engagements, greater actions and much more leads that we are becoming from the distinct advertising activities.

    Gabriela Borges -- Goldman Sachs -- Analyst

    thank you.


    thank you. Our next query is coming from Jonathan Ho of William Blair. Please go forward.

    Jonathan Ho -- William Blair & business -- Analyst

    good morning. I simply wanted to maybe dig a little bit extra into your endpoint answer. You mentioned some recent success there and i just wanted to get a sense for the way significant of a contributor it really is to salary and even if you might be going to be making extra investments in endpoint.

    Gil Shwed -- Founder and Chief government Officer

    So I believe -- first, I mean, what we have been surprised and even overwhelmed with the aid of the success of our endpoint items over the last 12 months. I don't know certainly on the final quarter, but over the last 12 months, we now have seen awesome success there. The ultimate quarter, we obtained some truly quality reviews and analyst reviews throughout the success of our endpoint, which, by the way, shows the innovation and the creativity and the vigour of our structure because there are so many subsequent-generation endpoint agencies and yet our building team become able to produce items that are beating a lot of these products in the industry. And once again, you see it from the reviews we simply bought within the ultimate quarter.

    Having observed all of that, my leading focal point isn't in turning the endpoint into our -- us fitting a huge endpoint vendor in the marketplace. There are decent, based companies in that market. it's very hard to displace them. And there are also many start-united stateswith innovation round that vicinity.

    I consider the role that we may still play is within the Infinity structure. When a customer desires to consolidate their complete solution, after they want to get an holistic approach to safety, we can supply them with all the critical accessories. And again, looking at the success that we've and the stories that we have become for the product, it looks that we do have the greatest-of-breed subsequent-generation endpoint answer in our portfolio.

    Jonathan Ho -- William Blair & business -- Analyst

    bought it. after which relative to the earnings execution challenges that you just mentioned, are you able to talk about probably which improvements have had essentially the most have an impact on on the company and maybe where we're in terms of these impacts being shown through?

    Gil Shwed -- Founder and Chief executive Officer

    I believe or not it's too early to assert. As I referred to, we have now considered very respectable indicators in the last quarter and we're very happy with the whole business volume in the U.S. And nearly all the parameters in Europe, that is been very high quality. I can not say which initiative; we're doing a few initiatives.

    lots of the initiatives that we now have all started around new clients, round C stage and so forth will nonetheless need to endure fruit sooner or later. So what we're seeing now's the income drive executing and stimulated and dealing on what they may still be working.

    Jonathan Ho -- William Blair & enterprise -- Analyst

    thank you.


    thank you. We're showing time for one additional question for nowadays. Our remaining question might be coming from Keith Weiss of Morgan Stanley. Please go forward.

    Keith Weiss -- Morgan Stanley -- Analyst

    howdy, guys. thank you for taking my questions. Gil, on the aggressive environment for the Infinity structure, two styles of questions on that. One, different carriers are speaking to us about form of a broader greater holistic method to security and consolidating a lot of performance, even if it'd be Symantec or Palo Alto networks.

    Are you seeing them in any of those discussions or any of these competitive instances across the extra holistic strategy to security? No. 1. And No. 2, it can be early days, but have you guys considered any examples or are there any situations the place you definitely are displacing some of the legacy providers like a legacy endpoint dealer whereas -- if you happen to're deploying Infinity?

    Gil Shwed -- Founder and Chief government Officer

    So -- I mean, first, I think our method in how the Infinity structure is, with the aid of far, a broader and extra holistic approach to security. I don't think so that you can take any of the companies that you simply outlined in solution and get full security for an entire enterprise, definitely not to environments like mobile and others it is very, very entertaining to what we're doing. I think in case you seem on the safety advantages, once again, being the handiest supplier that does first-time prevention on very connection and by using default, making it prevention and not detection afterward after the attack has came about. And guys, I mean, we might also underestimate the level of threats that we now have, however believe me, in case you take a room filled with individuals, as a minimum one of your -- as a minimum one of the mobile phones within the room is infected with malware.

    And that malware can proliferate to the complete network, so -- when talking about mobility as an instance. Are we seeing other vendors preaching on that imaginative and prescient? no longer as a whole lot. I believe we're doubtless coming near distinct consumers as a result of while we do compete with one of the most companies that you simply outlined, the competitors on the overall structure is not whatever thing that we see frequently in these accounts. and i imply, the respectable information is that we did have some displacement over the closing quarters, displacements of Palo Alto, some also of Symantec notwithstanding, once again, I won't examine Symantec as my direct competitor.

    i might like to -- I think in widespread, we're extra complementary and extra companions of ours than competitor.

    Keith Weiss -- Morgan Stanley -- Analyst

    fabulous. thanks, guys.


    thanks. at present, i'd want to flip the ground lower back over to administration for any extra or closing feedback.

    Kip Meintzer -- Head of world Investor relations

    thanks, guys, for attending the name today. It turned into a little less noisy than our final call and we will seem to be forward to seeing you right through the quarter. additionally, look forward to listening to from you correct after the call. thanks.

    And have a pretty good day. Bye-bye.


    [Operator signoff]

    length: 56 minutes

    name members:

    Kip Meintzer -- Head of global Investor family members

    Tal Payne -- Chief monetary Officer and Chief working Officer

    Gil Shwed -- Founder and Chief government Officer

    Fatima Boolani -- UBS -- Analyst

    Brad Zelnick -- credit score Suisse -- Analyst

    Shaul Eyal -- Oppenheimer & business -- Analyst

    Andrew Nowinski -- Piper Jaffray -- Analyst

    Michael Turits -- Raymond James --- Analyst

    John DiFucci -- Jefferies -- Analyst

    Gregg Moskowitz -- Cowen & enterprise -- Analyst

    Saket Kalia -- Barclays -- Analyst

    Anne Meisner -- Susquehanna monetary neighborhood -- Analyst

    Philip Winslow -- Wells Fargo Securities -- Analyst

    Sterling Auty -- J.P.Morgan -- Analyst

    Walter Pritchard -- Citi -- Analyst

    Karl Keirstead -- Deutsche bank -- Analyst

    Ken Talanian -- Evercore ISI -- Analyst

    Gabriela Borges -- Goldman Sachs -- Analyst

    Jonathan Ho -- William Blair & business -- Analyst

    Keith Weiss -- Morgan Stanley -- Analyst

    extra CHKP evaluation

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    Teacher-Certification [4 Certification Exam(s) ]
    The-Open-Group [8 Certification Exam(s) ]
    TIA [3 Certification Exam(s) ]
    Tibco [18 Certification Exam(s) ]
    Trend [1 Certification Exam(s) ]
    TruSecure [1 Certification Exam(s) ]
    USMLE [1 Certification Exam(s) ]
    VCE [6 Certification Exam(s) ]
    Veeam [2 Certification Exam(s) ]
    Veritas [32 Certification Exam(s) ]
    Vmware [57 Certification Exam(s) ]
    Wonderlic [1 Certification Exam(s) ]
    Worldatwork [2 Certification Exam(s) ]
    XML-Master [3 Certification Exam(s) ]
    Zend [6 Certification Exam(s) ]

    References : : :
    Calameo :
    weSRCH : :

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    Checkpoint 156-215.65 Exam (heck Point Security Administration I NGX) Detailed Information


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