Check Point Software Technologies Ltd. announced unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2016. Total revenue was $487 million compared to $458 million in the fourth quarter of 2015. GAAP operating income was $241 million compared to $239 million in the fourth quarter of 2015. Non-GAAP operating income was $266 million compared to $262 million in the fourth quarter of 2015. GAAP net income was $222 million compared to $195 million in the fourth quarter of 2015. GAAP earnings per diluted share were $1.31 compared to $1.08 in the fourth quarter of 2015. Non-GAAP net income was $247 million compared to $216 million in the fourth quarter of 2015. Non-GAAP earnings per diluted share were $1.46 compared to $1.20 in the fourth quarter of 2015. Cash flow from operations of $183 million compared to $212 million in the fourth quarter of 2015. Income before taxes on income was $251.904 million against $248.158 million a year ago. Net cash provided by operating activities was $182.726 million against $211.979 million a year ago. Investment in property and equipment was $6.257 million against $7.142 million a year ago.

Total revenues were $1,741 million compared to $1,630 million in 2015. GAAP operating income was $852 million compared to $840 million in 2015. Non-GAAP operating income was $948 million compared to $927 million in 2015. GAAP net income was $725 million compared to $686 million in 2015. GAAP earnings per diluted share were $4.18 compared to $3.74 in 2015. Non-GAAP net income was $818 million compared to $766 million in 2015. Non-GAAP earnings per diluted share were $4.72 compared to $4.17 in 2015. Cash flow from operations of $923 million compared to $917 million in 2015. Income before taxes on income was $896.672 million against $873.790 million a year ago. Net cash provided by operating activities was $922.849 million against $917.120 million a year ago. Investment in property and equipment was $24.050 million against $17.348 million a year ago.

The company provided earnings guidance for the first quarter and full year of 2017. For the first quarter, the company expects revenues in the range of $420 million to $440 million and non-GAAP EPS in the range of $1.15 to $1.20. GAAP EPS is expected to be approximately $0.17 less.

For 2017, the company expects revenues in the range of $1,850,000,000 to $1,900,000,000. Non-GAAP EPS is expected to be in the range of $5.05 to $5.25. GAAP EPS for the year is expected to be approximately $0.70 less.