Technology
Toy Foundation Partners with Build-A-Bear & Chuck E. Cheese to Raise $100,000 for Children in Need
Published
3 months agoon
By
The International Day of Play-themed cause marketing campaigns engaged consumers through promotions, exclusive product, & pin pad donations.
NEW YORK, July 21, 2026 /PRNewswire/ — The Toy Foundation™, the philanthropic arm of The Toy Association™, celebrated the United Nation’s International Day of Play (June 11) with two cause marketing campaigns with Build-A-Bear Foundation and Chuck E. Cheese. Together, the campaigns raised over $100,000, as families across the country and around the world supported The Toy Foundation’s mission to deliver the power of play to children in need.
The Toy Foundation’s partnership with Chuck E. Cheese included a three-part fundraising campaign throughout the month of June. At nearly 500 Chuck E. Cheese locations, families who donated $5 at checkout received 500 tickets to use toward prizes, turning a charitable gift into extra fun. Families also had the option to make a $1 or $3 donation directly at the pin pad, powered by FreedomPay’s Gateway to Giving™ — a charitable program that enables seamless giving at the point of sale, creating another opportunity to support a child in need. At select fun centers, families could also purchase a Chuck E. Cheese x Crazy Aaron’s Limited-Edition Thinking Putty, with one hundred percent of the purchase price benefitting The Toy Foundation.
“Partnering with The Toy Foundation this International Day of Play allowed us to make a real difference through the power of play,” said Scott Drake, CEO of CEC Entertainment. “Play is at the heart of everything we do, and we are deeply grateful to the families that joined us in supporting this great cause. Together, we are giving back in a meaningful way that inspires pride across our entire community.”
Build-A-Bear brought its signature warmth to workshops across the U.S. and the UK with a weeklong fundraising campaign held June 8 to 12. Shoppers made donations in amounts of their choosing at checkout, both in stores and online, with every dollar supporting The Toy Foundation’s work to deliver play to children in need.
“Build-A-Bear Foundation is proud to partner with The Toy Foundation in advancing the shared belief that play has the power to positively impact children’s lives,” said David Henderson, president of Build-A-Bear Foundation. “From toy donations and sponsorship support to this International Day of Play fundraising campaign, we are committed to helping create more moments of joy for children and families in need. We are so grateful to our guests and partners whose generosity continues to make that impact possible.”
These fundraising campaigns complimented The Toy Foundation’s International Day of Play toy collection initiative, which resulted in nearly 20 companies donating $5.7 million in toys. The toy donations are being distributed to more than 450,000 children in under-resourced communities, schools, and hospitals around the world.
“We are grateful to Build-A-Bear Foundation and Chuck E. Cheese for their support, collaboration, and partnership in hosting two successful cause marketing campaigns, and to the companies that generously donated toys in honor of International Day of Play,” said Pam Mastrota, executive director of The Toy Foundation. “Together, we are making a lasting impact, transforming children’s lives with the power of play.”
The Toy Foundation partners with companies and retailers to create tailored cause marketing campaigns that engage consumers and support children through play.
Campaign opportunities include:
Retail campaigns that donate a portion of proceeds from select productsPoint-of-sale donation campaignsCo-branded products featuring cause-related messagingCustomized campaigns tailored to a company’s goals
To learn more and get involved in advancing the toy industry’s collective impact, visit toyfoundation.org or contact The Toy Foundation team.
About The Toy Foundation™ www.toyfoundation.org
The Toy Foundation™ is a 501(c)(3) children’s charity and philanthropic arm of The Toy Association. The uniting force for the collective philanthropy of the toy industry, The Toy Foundation is dedicated to creating a world where every child experiences the comfort, joy, and extraordinary benefits of play. The Toy Foundation works toward this vision through two program areas, Toy Chest, a toy distribution initiative, and Play Fund, a grant distribution initiative. By working together, The Toy Foundation has delivered the power of play to 38 million children in need worldwide. To learn more about The Toy Foundation, visit toyfoundation.org.
About Build‑A‑Bear Workshop, Inc.
Founded in 1997, Build‑A‑Bear is a leading global retailtainment brand on a mission to add a little more heart to life. At Build-A-Bear, guests are invited to create personalized furry friends through a unique stuffing, dressing, accessorizing and naming process, accentuated by a memorable “heart ceremony” that creates moments of connection for people of all ages.
Over the years, Build‑A‑Bear has grown into a multi‑generational phenomenon, positioned at the intersection of pop‑culture trends. Beyond its signature retail experience, the brand also offers pre‑stuffed plush, gifting, partnerships with best‑in‑class licensed and collectible characters, and original storytelling through Build‑A‑Bear Entertainment, LLC. Build‑A‑Bear’s current brand platform and message, “The Stuff You Love,” crosses ages and cultures while celebrating nearly 30 years of helping people mark life’s meaningful moments.
Today, Build‑A‑Bear operates more than 650 company-owned, partner-operated and franchise experience locations across more than 30 countries, complemented by buildabear.com. Build‑A‑Bear Workshop, Inc. (NYSE: BBW) reported $529.8 million in total revenues for fiscal 2025, representing the company’s 5th consecutive year of record results. Learn more at the Investor Relations section of buildabear.com.
About Chuck E. Cheese
Chuck E. Cheese is where over 550,000 happy birthdays are celebrated every year. For nearly 50 years, Chuck E. Cheese has been the place Where A Kid Can Be A Kid®, making birthday kids the star of the show through its interactive experiences, arcade games and the beloved Chuck E. Cheese character. The brand operates more than 500 locations globally and remains committed to providing a fun, safe and inclusive environment through industry-leading programs such as Kid Check® and its partnership with Autism Speaks. As a strong advocate for local communities, Chuck E. Cheese has donated more than $24 million to schools and nonprofits through its fundraising programs. For more information, visit www.chuckecheese.com.
Contact: Erin Wright
The Toy Foundation
646.520.4851
ewright@toyfoundation.org
View original content:https://www.prnewswire.com/news-releases/toy-foundation-partners-with-build-a-bear–chuck-e-cheese-to-raise-100-000-for-children-in-need-302831086.html
SOURCE The Toy Foundation
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Technology
Check Point Software Reports 2026 Third Quarter Financial Results
Published
33 minutes agoon
November 2, 2026By
TEL AVIV, Israel, Nov. 2, 2026 /PRNewswire/ — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), today announced its financial results for the quarter ended September 30th, 2026.
Third Quarter 2026 Financial Highlights:
Total Revenues: $670 million, a 1 percent decrease year over yearSecurity Subscriptions Revenues: $339 million, an 11 percent increase year over yearRemaining Performance Obligation (RPO)*: $2.5 billion, a 5 percent increase year over year.GAAP Operating Income: $177 million, representing 26 percent of total revenuesNon-GAAP Operating Income: $251 million, representing 37 percent of total revenuesGAAP EPS: $1.82, a 45 percent decrease year over year. Excluding the one-time tax benefit recognized in the same quarter last year, GAAP EPS increased 1 percent year over year.Non-GAAP EPS: $2.49, a 37 percent decrease year over year. Excluding the one-time tax benefit recognized in the same quarter last year, Non-GAAP EPS increased 1 percent year over year.Cash Flow from Operations: $264 million, representing 39 percent of total revenuesAdjusted Free Cash Flow**: $258 million, representing 38 percent of total revenues
“Third-quarter results were in line with our expectations. Security subscriptions revenue grew 11 percent year over year, supported by strong demand for Email, CTEM, and AI Security,” said Nadav Zafrir, CEO of Check Point Software. “We believe revenues reached a trough in the third quarter, and we expect gradual improvement beginning in the fourth quarter. The recovery is taking longer than anticipated, but we remain confident in our vision. Our leading indicators are improving, which is encouraging, and we remain focused on driving sustainable growth.”
Financial Highlights Commentary
EPS: Earnings per diluted share in the third quarter of 2026 were $2.49 and $1.82 for Non-GAAP and GAAP, respectively. This compares to $3.94 and $3.28 in the third quarter of 2025. In connection with a tax settlement signed during the third quarter of 2025, the company updated its tax provisions during that quarter, which resulted in a benefit of approximately $1.47 to Non-GAAP and GAAP EPS.
Cash Balances, Marketable Securities & Short-Term Deposits: $4,123 million as of September 30, 2026, compared to $2,817 million as of September 30, 2025. The increase in cash is primarily a result of the $1.8 billion proceeds from our $2 billion convertible senior notes offering, net of issuance costs and net of purchased capped calls. In the third quarter of 2025, the company executed a payment of approximately $160 million for the land of the new Check Point Tel Aviv Campus.
Cash Flow: Cash flow from operations in the third quarter of 2026 was $264 million, which included $10 million in expense related to our currency hedging transactions. This compares to $241 million in the third quarter of 2025, which included $3 million in benefit related to our currency hedging transactions.
Share Repurchase Program: During the third quarter of 2026, the company repurchased approximately 2.5 million shares for a total of approximately $325 million. Over the last twelve months, we have repurchased approximately 9 million shares.
Research & Development Grants: During the third quarter of 2026, the company recognized a $25 million reduction in research and development expenses under Israel’s new research & development tax incentive program. The new Israeli law enacted on March 30, 2026, as part of the 2026 budget, provides tax incentives for research and development activities carried out in Israel. Eligible Israeli companies within multinational groups can receive tax credits for qualifying research & development expenses, which may be used to offset corporate taxes or minimum top-up tax, and unused credits may be converted into cash grants after a defined period.
* Remaining Performance Obligation (RPO) is a measure that represents the total value of non-cancellable contracted products and/or services that are yet to be recognized as Revenue as of September 30, 2026.
** Adjusted Free Cash Flow is a non-GAAP financial measure that we define as Net Cash provided by operating activities, less purchases of property, equipment, Capitalization costs, and other assets, net of Acquisition related costs.
For information regarding the non-GAAP financial measures discussed in this release, as well as a reconciliation of such non-GAAP financial measures to the most directly comparable GAAP financial measures, please see “Use of Non-GAAP Financial Information” and “Reconciliation of GAAP to Non-GAAP Financial Information.”
Conference Call and Webcast Information:
Check Point will host a conference call with the investment community on November 2, 2026, at 8:30 AM ET/5:30 AM PT. To listen to the live video cast or replay, please visit the website: www.checkpoint.com/ir.
Fourth Quarter Investor Conference Participation Schedule:
BMO Tech Conference
November 12, 2026, New York, NY –1×1’sRBC Global TIMT Conference
November 17, 2026, New York, NY –1×1’sStephens Annual Investor | NASH2026
November 18-19, 2026, Nashville, TN – Fireside Chat &1×1’sNeedham 7th Annual Tech Week
November 20, 2026, Virtual 1×1’s2026 UBS Global Technology Conference
November 30 – December 3, 2026, Scottsdale, AZ – Fireside Chat &1×1’sNASDAQ 55th Investor Conference
December 9, 2026, London, UK – Fireside Chat &1×1’sFBN 31st Semi-Annual Virtual Technology Conference
December 14, 2026, Virtual Fireside Chat
Members of Check Point’s management team are expected to present at these conferences and discuss the latest company strategies and initiatives. Check Point’s conference presentations are expected to be available via webcast on the company’s web site. To hear these presentations and access the most updated information please visit the company’s web site at www.checkpoint.com/ir. The schedule is subject to change.
Follow Check Point via:
Twitter: http://www.twitter.com/checkpointsw
Facebook: https://www.facebook.com/checkpointsoftware
Blog: http://blog.checkpoint.com
YouTube: http://www.youtube.com/user/CPGlobal
LinkedIn: https://www.linkedin.com/company/check-point-software-technologies
About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (www.checkpoint.com) is a global cyber security leader protecting more than 100,000 organizations worldwide. Its mission is to secure enterprises’ AI transformation. With a prevention-first approach and an open ecosystem architecture, Check Point helps organizations block advanced threats, prioritize exposures, and automate security operations across complex digital environments. The unified architecture simplifies protection across hybrid networks, multi-cloud environments, digital workspaces, and AI systems. Structured around four strategic pillars, Hybrid Mesh Network Security, Workspace Security, Exposure Management, and AI Security, Check Point delivers consistent protection and visibility across multivendor environments, enabling organizations to reduce risk, improve efficiency, and accelerate innovation without increasing complexity.
Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, expectations regarding our products and solutions and customer demands, our ability to capture growth opportunities and drive sustainable and steady growth in the future, statements made by our CEO, and our participation in investor conferences and other events during the fourth quarter of 2026. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. These risks include our ability to continue to develop platform capabilities and solutions; customer acceptance and purchase of our existing solutions and new solutions; the market for IT security continues to develop; competition from other products and services; and general market, political, economic, and business conditions, including acts of terrorism or war. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 31, 2026. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.
Use of Non-GAAP Financial Information
In addition to reporting financial results in accordance with generally accepted accounting principles, or GAAP, Check Point uses non-GAAP measures of operating income, net income and earnings per diluted share and adjusted free cash flow, which are adjustments from results based on GAAP to exclude, as applicable, stock-based compensation expenses, amortization of intangible assets and acquisition related expenses, amortization of debt discount and the related tax affects. Check Point’s management believes the non-GAAP financial information provided in this release is useful to investors’ understanding and assessment of Check Point’s ongoing core operations and prospects for the future. Historically, Check Point has also publicly presented these supplemental non-GAAP financial measures to assist the investment community to see the company “through the eyes of management,” and thereby enhance understanding of its operating performance. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP. A reconciliation of the non-GAAP financial measures discussed in this press release to the most directly comparable GAAP financial measures is included with the financial statements contained in this press release. Management uses both GAAP and non-GAAP information in evaluating and operating business internally and as such has determined that it is important to provide this information to investors.
CHECK POINT SOFTWARE TECHNOLOGIES LTD.
CONSOLIDATED STATEMENT OF INCOME
(Unaudited, in millions, except per share amounts)
Three Months Ended
Nine Months Ended
September 30,
September 30,
2026
2025
2026
2025
Revenues:
Products and licenses
$ 105.5
$ 130.4
$ 329.7
$ 376.4
Security subscriptions
338.6
305.4
994.4
893.9
Total revenues from products and security subscriptions
444.1
435.8
1,324.1
1,270.3
Software updates, maintenance and services
225.7
241.7
687.7
710.2
Total revenues
669.8
677.5
2,011.8
1,980.5
Operating expenses:
Cost of products and licenses
25.1
24.6
80.3
73.8
Cost of security subscriptions
25.5
22.7
73.8
67.1
Total cost of products and security subscriptions
50.6
47.3
154.1
140.9
Cost of Software updates and
Maintenance
37.1
32.9
109.9
99.2
Amortization of technology
10.4
8.3
31.3
23.7
Total cost of revenues
98.1
88.5
295.3
263.8
Research and development, net (*)
122.1
117.5
344.0
332.4
Selling and marketing
233.4
238.0
715.0
691.2
General and administrative
39.0
34.4
110.1
94.9
Total operating expenses
492.6
478.4
1,464.4
1,382.3
Operating income
177.2
199.1
547.4
598.2
Financial income, net
41.5
28.7
123.8
84.5
Income before taxes on income
218.7
227.8
671.2
682.7
Taxes on income (tax benefit)
33.5
(130.9)
100.6
(69.7)
Net income
$ 185.2
$ 358.7
$ 570.6
$ 752.4
Basic earnings per share
$ 1.83
$ 3.34
$ 5.54
$ 7.00
Number of shares used in computing basic earnings per share
101.4
107.4
103.0
107.5
Diluted earnings per share
$ 1.82
$ 3.28
$ 5.50
$ 6.81
Number of shares used in computing diluted earnings per share
101.9
109.5
103.8
110.4
(*) R&D expenses for the nine and three months ended September 30, 2026 include reductions of $80 million and $25 million respectively, related to grants expected to be received under the Israeli Law for Encouragement and Incentivization of Research and Development, following the ratification of the law during the period.
CHECK POINT SOFTWARE TECHNOLOGIES LTD.
SELECTED FINANCIAL METRICS
(Unaudited, in millions, except per share amounts)
Three Months Ended
Nine Months Ended
September 30,
September 30,
2026
2025
2026
2025
Revenues
$ 669.8
$ 677.5
$ 2,011.8
$ 1,980.5
Non-GAAP operating income
250.7
281.9
775.0
811.6
Non-GAAP net income
253.8
431.4
782.6
939.0
Diluted Non-GAAP Earnings per share
$ 2.49
$ 3.94
$ 7.54
$ 8.50
Number of shares used in computing diluted Non-GAAP earnings per share
101.9
109.5
103.8
110.4
CHECK POINT SOFTWARE TECHNOLOGIES LTD.
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL INFORMATION
(Unaudited, in millions, except per share amounts)
Three Months Ended
Nine Months Ended
September 30,
September 30,
2026
2025
2026
2025
GAAP operating income
$ 177.2
$ 199.1
$ 547.4
$ 598.2
Stock-based compensation (1)
54.8
62.1
170.5
149.2
Amortization of intangible assets and acquisition related expenses (2)(*)
18.7
20.7
57.1
64.2
Non-GAAP operating income
$ 250.7
$ 281.9
$ 775.0
$ 811.6
GAAP net income
$ 185.2
$ 358.7
$ 570.6
$ 752.4
Stock-based compensation (1)
54.8
62.1
170.5
149.2
Amortization of intangible assets and acquisition related expenses (2)(*)
18.7
20.7
57.1
64.2
Amortization of debt discount (3)
1.4
4.2
Taxes on the above items (4)
(6.3)
(10.1)
(19.8)
(26.8)
Non-GAAP net income
$ 253.8
$ 431.4
$ 782.6
$ 939.0
Diluted GAAP Earnings per share
$ 1.82
$ 3.28
$ 5.50
$ 6.81
Stock-based compensation (1)
0.54
0.56
1.64
1.35
Amortization of intangible assets and acquisition related expenses (2)(*)
0.18
0.19
0.55
0.58
Amortization of debt discount (3)
0.01
0.04
Taxes on the above items (4)
(0.06)
(0.09)
(0.19)
(0.24)
Diluted Non-GAAP Earnings per share
$ 2.49
$ 3.94
$ 7.54
$ 8.50
Number of shares used in computing diluted Non-GAAP earnings per share
101.9
109.5
103.8
110.4
(1) Stock-based compensation:
Cost of products and licenses
$ 0.1
$ 0.1
$ 0.3
$ 0.3
Cost of software updates and maintenance
2.8
4.4
10.2
9.7
Research and development
19.9
23.1
63.1
55.7
Selling and marketing
20.1
25.0
63.7
57.1
General and administrative
11.9
9.5
33.2
26.4
54.8
62.1
170.5
149.2
(2) Amortization of intangible assets and acquisition related expenses (*):
Amortization of technology-cost of revenues
10.4
8.3
31.3
23.7
Research and development
5.1
0.1
16.0
2.7
Selling and marketing
3.2
12.3
9.8
37.8
18.7
20.7
57.1
64.2
(3) Amortization of debt discount
1.4
–
4.2
–
(4) Taxes on the above items
(6.3)
(10.1)
(19.8)
(26.8)
Total, net
$ 68.6
$ 72.7
$ 212.0
$ 186.6
(*) While amortization of acquired intangible assets is excluded from the measures, the revenue of the acquired companies is reflected in the measures, and the acquired assets contribute to revenue generation.
CHECK POINT SOFTWARE TECHNOLOGIES LTD.
RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES TO ADJUSTED FREE CASH FLOW
(Unaudited, in millions)
Three Months Ended
Nine Months Ended
September 30,
September 30,
2026
2025
2026
2025
Net cash provided by operating activities
$ 264.3
$ 240.6
$ 881.0
$ 923.8
Less:
Purchases of property and equipment
(6.4)
(5.9)
(22.9)
(19.4)
Prepaid lease payment
–
(159.9)
–
(159.9)
Capitalization of internal-use software
–
–
(3.6)
–
Free cash flow
$ 257.9
$ 74.8
$ 854.5
$ 744.5
Add:
Acquisition-related costs
–
–
21.4
6.2
Adjusted free cash flow
$ 257.9
$ 74.8
$ 875.9
$ 750.7
Free cash flow margin
38.5 %
11.0 %
42.5 %
37.6 %
Adjusted free cash flow margin
38.5 %
11.0 %
43.5 %
37.9 %
CHECK POINT SOFTWARE TECHNOLOGIES LTD.
CONDENSED CONSOLIDATED BALANCE SHEET DATA
(In millions)
ASSETS
September 30,
December 31,
2026
(Unaudited)
2025
(Audited)
Current assets:
Cash and cash equivalents
$ 496.0
$ 1,800.0
Marketable securities and short-term deposits
1,657.9
1,214.9
Trade receivables, net
475.4
769.1
Prepaid expenses and other current assets
160.6
180.0
Total current assets
2,789.9
3,964.0
Long-term assets:
Marketable securities
1,969.0
1,326.8
Property and equipment, net
85.6
82.9
Deferred tax asset, net
75.5
68.3
Operating lease right of use assets
209.0
48.4
Goodwill and other intangible assets, net
2,186.2
2,118.5
Lease prepayment
–
159.9
Other assets
120.0
37.6
Total long-term assets
4,645.3
3,842.4
Total assets
$ 7,435.2
$ 7,806.4
LIABILITIES AND
SHAREHOLDERS’ EQUITY
Current liabilities:
Deferred revenues
$ 1,341.0
$ 1,530.1
Trade payables and other accrued liabilities
401.8
406.6
Total current liabilities
1,742.8
1,936.7
Long-term liabilities:
Convertible senior notes, net
1,976.3
1,972.1
Long-term deferred revenues
650.6
650.3
Income tax accrual
391.6
329.7
Other long-term liabilities
35.8
35.5
3,054.3
2,987.6
Total liabilities
4,797.1
4,924.3
Shareholders’ equity:
Share capital
0.8
0.8
Additional paid-in capital
3,520.3
3,331.6
Treasury shares at cost
(16,482.0)
(15,555.8)
Accumulated other comprehensive gain (loss)
(42.3)
34.8
Retained earnings
15,641.3
15,070.7
Total shareholders’ equity
2,638.1
2,882.1
Total liabilities and shareholders’ equity
$ 7,435.2
$ 7,806.4
Total cash and cash equivalents, marketable
securities and short-term deposits
$ 4,122.9
$ 4,341.7
CHECK POINT SOFTWARE TECHNOLOGIES LTD.
SELECTED CONSOLIDATED CASH FLOW DATA
(Unaudited, in millions)
Three Months Ended
Nine Months Ended
September 30,
September 30,
2026
2025
2026
2025
Cash flow from operating activities:
Net income
$ 185.2
$ 358.7
$ 570.6
$ 752.4
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property and equipment
6.8
6.3
20.3
17.2
Amortization of intangible assets
12.5
19.1
37.8
57.9
Stock-based compensation
54.8
62.1
170.5
149.2
Realized loss (gain) on marketable securities
*)
*)
(0.1)
0.1
Decrease (increase) in trade and other receivables, net
(17.1)
45.4
205.3
299.8
Increase (decrease) in deferred revenues, trade payables and other accrued liabilities
10.8
(266.3)
(137.1)
(341.7)
Amortization of debt discount
1.4
–
4.2
–
Deferred income taxes, net
9.9
15.3
9.5
(11.1)
Net cash provided by operating activities
264.3
240.6
881.0
923.8
Cash flow from investing activities:
Payment in conjunction with acquisitions, net of acquired cash
–
–
(94.4)
(83.7)
Investment in property and equipment
(6.4)
(5.9)
(22.9)
(19.4)
Investment in prepaid lease payment
–
(159.9)
–
(159.9)
Capitalization of internal-use software
–
–
(3.6)
–
Net cash used in investing activities
(6.4)
(165.8)
(120.9)
(263.0)
Cash flow from financing activities:
Proceeds from issuance of shares upon exercise of options
33.1
153.8
78.7
338.5
Purchase of treasury shares
(325.0)
(325.0)
(974.9)
(975.0)
Payments related to shares withheld for taxes
(1.6)
(5.3)
(14.6)
(19.6)
Net cash used in financing activities
(293.5)
(176.5)
(910.8)
(656.1)
Unrealized gain (loss) on marketable securities, net
(44.9)
5.5
(68.1)
28.7
Increase (decrease) in cash and cash equivalents, marketable securities and
short-term deposits
(80.5)
(96.2)
(218.8)
33.4
Cash and cash equivalents, marketable securities and short-term deposits at the
beginning of the period
4,203.4
2,913.4
4,341.7
2,783.8
Cash and cash equivalents, marketable securities and short-term deposits
at the end of the period
$ 4,122.9
$ 2,817.2
$ 4,122.9
$ 2,817.2
*) represents an amount lower than $ 0.1
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SOURCE Check Point Software Technologies
Technology
ZKH and Intel Bring Industrial Multimodal AI to the Edge with LingLong Insight 1.0
Published
33 minutes agoon
November 2, 2026By
SHANGHAI, Nov. 2, 2026 /PRNewswire/ — ZKH Group Limited (“ZKH” or the “Company”) (NYSE: ZKH), a leading maintenance, repair, and operations (“MRO”) procurement service platform in China, announced that its AI subsidiary, LingLong Intelligence, launched LingLong Insight 1.0 with Intel at Intel Connection 2026 in Suzhou, China. Developed by LingLong Intelligence and powered by Intel’s edge computing technology, the lightweight industrial multimodal AI model brings image and text understanding as well as intelligent verification to industrial worksites, turning industrial knowledge into practical support for on-site decisions.
The wide variety of industrial supplies makes accurate verification when receiving goods a persistent challenge. Two bearings may look almost identical yet differ in a single specification that determines whether they suit a particular machine. Workers must distinguish between such items and check them against delivery documents, a demanding process prone to error. An undetected mismatch can allow the wrong part into inventory, delay critical maintenance, or disrupt production.
LingLong Insight 1.0 combines image and text understanding with industrial knowledge to help distinguish between similar-looking supplies and verify their specifications. The model supports a visual verification workflow that uses industrial cameras to capture images of delivery documents, packaging and labels, identifies the items, and checks their specifications against the delivery documentation. It flags discrepancies alongside the relevant images, helping workers catch potential mismatches before confirming receipt.
With 4 billion parameters, LingLong Insight 1.0 is designed to balance accuracy and processing efficiency for edge deployment. Deployed on LingLong Agent Box with Intel® Core™ Ultra processors, which combine CPU, GPU, and NPU computing, it processes information locally at the workstation, reducing latency and reliance on the cloud while supporting responsive on-site verification.
ZKH’s industrial data and domain expertise are central to the model’s development. Drawing on nearly 30 years of experience in industrial supplies, ZKH has accumulated more than 27 million product records and approximately 4 billion product parameters. By standardizing this data and connecting it with expert knowledge, LingLong Intelligence turns it into a strategic asset: structured, AI-ready knowledge that underpins scalable industrial AI applications. Intel’s edge computing makes on-site AI possible; ZKH’s industrial knowledge makes it reliable.
“Industrial AI is only as good as the knowledge behind it,” said Yang Liu, Chief Technology Officer of ZKH Group and CEO of LingLong Intelligence. “Our industrial data and close understanding of customer needs give us a strong foundation for developing AI that delivers practical value. With Intel’s edge computing technology, we can now take that intelligence beyond the cloud and onto the factory floor, where every decision counts.”
The launch of LingLong Insight 1.0 is part of a broader engagement between LingLong Intelligence and Intel. The two companies intend to deepen their collaboration on industrial AI and jointly explore global market opportunities, combining Intel’s computing platforms and ecosystem resources with LingLong Intelligence’s industrial data and model capabilities to develop scalable edge AI solutions for industries worldwide.
Building on verification at goods receipt, LingLong Intelligence plans to extend the model to warehouse inbound and outbound checks, production-line material verification, and equipment operation and maintenance, bringing AI-powered support to more stages of industrial operations.
About ZKH Group Limited
ZKH Group Limited (NYSE: ZKH) is a leading MRO procurement service platform in China, underpinned by robust supply chain capabilities and dedicated to serving customers globally through a product-led, agentic AI-driven approach. Through its primary online platforms, the ZKH platform, the GBB platform and the Northsky platform, along with innovative technology and extensive industry expertise, the Company provides bespoke MRO procurement solutions to a diverse and loyal customer base. These solutions encompass hyper-personalized product curation from a comprehensive selection of quality products at competitive prices. Additionally, the Company ensures timely and reliable product delivery through professional fulfillment services. By focusing on reducing procurement costs and addressing management efficiency challenges, ZKH is transforming the opaque MRO procurement process and empowering all stakeholders across the value chain.
For more information, please visit: https://ir.zkh.com.
For investor and media inquiries, please contact:
ZKH Group Limited
IR Department
E-mail: IR@zkh.com
Christensen Advisory
Email: zkh@christensencomms.com
View original content:https://www.prnewswire.com/news-releases/zkh-and-intel-bring-industrial-multimodal-ai-to-the-edge-with-linglong-insight-1-0–302925961.html
SOURCE ZKH Group Limited
Technology
The Custom Group of Companies Expands Into Philadelphia and Westchester With Two Strategic Acquisitions
Published
33 minutes agoon
November 2, 2026By
The Custom Group of Companies has expanded its presence in Philadelphia and Westchester County, NY, through the acquisition of Classic Westchester and The Bettinger Co., Inc. The acquisitions strengthen Custom’s regional reach and expand access to its nationwide healthcare, IT, and professional staffing solutions.
NEW YORK, Nov. 2, 2026 /PRNewswire-PRWeb/ — The Custom Group of Companies, a leading provider of healthcare, IT, and professional staffing, announced it has acquired the assets of two regional staffing firms: Classic Westchester (https://classicwestchester.com/), serving corporate clients in Westchester County, New York, and The Bettinger Co., Inc. (https://bettingerco.com), a Philadelphia-based recruiting agency specializing in non-clinical hospital roles.
“These two teams have built strong reputations and long-standing client relationships in their markets,” said Ed Rasmussen, Chief Operating Officer of The Custom Group of Companies. “Bringing them into Custom lets us support those clients with a broader set of services, including clinical staffing alongside the non-clinical roles they already rely on us for, while continuing the people-first service we’ve delivered for more than 40 years.”
Clients and candidates of Classic Westchester and Bettinger can reach Custom at (212) 818-0300 or through customgroupofcompanies.com.
About The Custom Group of Companies
Founded in 1985 and headquartered in New York City, The Custom Group of Companies provides nationwide healthcare, IT, and professional staffing through its two divisions, Custom Healthcare Solutions and Custom IT & Professional Staffing Solutions. For more than 40 years, Custom has connected employers with qualified talent through a people-first approach. Learn more at customgroupofcompanies.com.
Media Contact
Ed Rasmussen, The Custom Group of Companies, 1 (212) 818-0300, erasmussen@customgroupofcompanies.com, https://customgroupofcompanies.com/
View original content:https://www.prweb.com/releases/the-custom-group-of-companies-expands-into-philadelphia-and-westchester-with-two-strategic-acquisitions-302924566.html
SOURCE The Custom Group of Companies
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