CyberArk Software

CyberArk Software Ltd. engages in the development, market, and sale of access security software solutions. The firm's products include Privilege, Access, and DevSecOps. It offers its products and services to banking, insurance, healthcare, and federal industries. The company was founded by Udi Mokady and Alon Cohen in 1999 and is headquartered in Petah Tikva, Israel.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

CyberArk Software posts robust Q4 results and eyes sustained growth

CyberArk Software reported strong Q4 performance and outlined a positive outlook for 2023, driven by robust financial results and strategic initiatives.
The company's focus on scaling, expanding into new markets, and leveraging innovative solutions positions it for continued growth and market leadership.
While facing challenges such as pricing adjustments and macro uncertainties, CyberArk remains confident in its ability to navigate the evolving landscape and drive profitability.
Opportunities in Access Management, machine identity, and channel partnerships offer avenues for growth and differentiation, reinforcing CyberArk's market position.

CyberArk reports robust Q1 growth, eyes $1B ARR milestone

CyberArk Software delivered strong financial performance in Q1 2023, driven by robust subscription growth and a focus on operational excellence.
While facing challenges like longer sales cycles and competition, the company remains confident in its unique value proposition and growth strategies.
With a clear focus on scaling efficiently, expanding its platform, and leveraging partnerships, CyberArk is well-positioned for future success and profitability.

CyberArk reports robust Q2 performance amidst cybersecurity spending surge

CyberArk Software's Q2 performance showcased strong financial growth and customer traction, with a focus on Identity Security and platform innovation.
While facing challenges in maintenance ARR decline, the company sees opportunities in the MSP market and increased cybersecurity spending.
Overall, CyberArk remains well-positioned for growth through customer conversions, cross-selling, and strategic M&A initiatives.

CyberArk exceeds Q3 guidance, focuses on security amid breaches

CyberArk Software excelled in Q3, surpassing guidance with strong revenue growth and a focus on identity security amidst high-profile breaches.
The company's platform selling motion gained traction, driving revenue and market presence, with a strategy to convert customers to SaaS gradually for expansion.
While facing challenges of potential maintenance revenue reductions, CyberArk remains confident in long-term targets, balancing profitability, growth, and customer security.
Opportunities lie in leveraging the strong market environment, expanding revenue through upsell strategies, and maximizing customer security and well-being for sustained growth.

CyberArk excels in Q4 with record subscription growth and strategic focus

CyberArk Software's strong financial performance, customer-centric approach, and strategic focus on innovation position the company for continued success and growth.
Challenges in workforce security, customer migrations, and solution integrations require careful navigation and execution to capitalize on growth opportunities.
Opportunities in customer base expansion, cloud security solutions, and channel partnerships offer avenues for revenue growth, market expansion, and enhanced customer value.

CyberArk surpasses Q1 expectations, eyes growth in cloud security

CyberArk Software delivered strong Q1 results, exceeding expectations with robust financial performance and profitability, driven by subscription ARR and total revenue growth.
The company's focus on identity security, EPM business expansion, and strategic marketing efforts position it well for future growth and market leadership in cybersecurity.
While facing challenges in conversion timelines and operational adjustments, CyberArk remains optimistic about opportunities in cloud security, SaaS business, and federal market expansion.
With a strong foundation in place, CyberArk's emphasis on innovation, customer value, and market expansion sets the stage for continued success and leadership in identity security.

CyberArk Software excels in Q3, eyes growth through strategic acquisitions

CyberArk Software's Q3 2024 earnings call showcased exceptional financial performance, driven by strong subscription and total ARR growth. The company's focus on mission-critical solutions, strategic partnerships, and market recognition positions it well for future success. While challenges exist in a competitive landscape, CyberArk's strategic initiatives and strong financial metrics indicate a promising outlook.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CyberArk's growth remains resilient, driven by its growing cloud presence and expansion into adjacent areas like access management. The identity management market is likely to consolidate around a few large platforms, with CyberArk potentially benefiting as a leader in Privileged Access Management. Given macro headwinds and a potential increase in competition, CyberArk's stock appears fully priced.

CyberArk: PAM Leader

Boeing

The market rally is going strong, but watch out for a potential pullback. Top stocks near buy points include Boeing and CyberArk.

Boeing, CyberArk Lead 5 Stocks Near Buy Points

Under a new CEO, CyberArk is racing Okta, Microsoft and others to build a broad identity computer security platform.

Cybersecurity Firm CyberArk Races Rivals To Build Broad Identity Platform

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--A new global report released today by CyberArk (NASDAQ: CYBR) shows how the tension between difficult economic conditions and the pace of technology innovation, including the evolution of artificial intelligence (AI), is influencing the growth of identity-led cybersecurity exposure. The CyberArk 2023 Identity Security Threat Landscape Report details how these issues - allied to an expected 240% growth in human and machine identities – have.

CyberArk Survey: AI Tool Use, Employee Churn and Economic Pressures Fuel the Identity Attack Surface

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the Identity Security company, announced its first-ever CyberArk Identity Security Impact Award winners at CyberArk IMPACT 23. This global annual awards program recognizes customer excellence and acknowledges organizations that have harnessed the power of the CyberArk Identity Security Platform to implement innovative approaches to reducing cybersecurity risk and achieving business goals. “I'm proud to celebrate the.

CyberArk Announces Identity Security Impact Customer Award Winners

CrowdStrike

Fortinet

Okta

Palo Alto Networks

Zscaler

While it certainly seems like technology is the big winner this year, in truth just 10 stocks have driven 95% of the gains in the venerable S&P 500.

6 Cybersecurity Software Stocks Could Be Set Up for Huge Second Half 2023 Gains

BOSTON--(BUSINESS WIRE)--CyberArk IMPACT 23 -- CyberArk (NASDAQ: CYBR), the Identity Security company, today announced new products and features across the CyberArk Identity Security Platform, making it the most powerful platform of its kind. Investments to enhance cloud security and deliver automation and artificial intelligence (AI) innovations across the platform make it easier than ever to apply intelligent privilege controls to all identities – human and non-human – from a single vendor. “.

CyberArk Supercharges Identity Security Platform with Automation and Artificial Intelligence Innovations

BOSTON--(BUSINESS WIRE)--CyberArk IMPACT 23 – CyberArk (NASDAQ: CYBR), the Identity Security company, today introduced CyberArk Secure Browser. This first-of-its-kind Identity Security web browser enables organizations to better protect against attacks with a flexible, identity-based approach to securing employee and third-party access to enterprise resources. By 2030, enterprise browsers will be the core platform for delivering workforce productivity and security software on managed and unmana.

CyberArk Introduces First Identity Security-Based Enterprise Browser

It's very rare for startup founders to remain CEO three years after taking their company public.

CyberArk Annual Recurring Revenue Up 42% As New CEO Takes Charge

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced that it will host an Investor Track during CyberArk IMPACT 23, the company's annual conference dedicated to strategies and technologies for defending against identity-based cyberattacks. Members of CyberArk's executive team will discuss our leadership position in Identity Security, our innovation roadmap, as well as market dynamics and our go-to-market approach.

CyberArk to Host Investor Track at IMPACT 23: The Identity Security Conference

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, announced today that Taiwan-based Gamania Group has implemented the CyberArk Identity Security Platform to strengthen its cybersecurity defenses. Gamania Group's businesses span payment services, e-commerce, online media, original content and IT and serves over 10 million gamers, customers and employees. Gamania Group's flagship business – Gamania, an online and mobile games p.

Gamania Group Implements CyberArk Identity Security Platform to Protect Over 10 Million Gamers, Customers and Employees

Disney

Microsoft

Wendy's

Robinhood

PayPal

United States Steel

While the intense fervor of meme stocks to buy now may have peaked a while ago, that doesn't mean the activity of coordinating investments via social media platforms has gone away for good. Earlier this year, Barron's noted that the meme frenzy is back.

7 Meme Stocks That Are Still Alive and Kicking

CyberArk Software Ltd. (NASDAQ:CYBR ) Q1 2023 Results Conference Call May 11, 2023 8:00 AM ET Company Participants Erica Smith - Head of IR Matt Cohen - COO Josh Siegel - CFO Conference Call Participants Saket Kalia - Barclays Capital Roger Boyd - UBS Securities Adam Borg - Stifel Angie Song - Morgan Stanley Rob Owens - Piper Sandler Tal Liani - Bank of America Eric Heath - KeyBanc Capital Markets Brian Essex - JPMorgan Jonathan Ruykhaver - Cantor Fitzgerald Shrenik Kothari - Baird Andrew Nowinski - Wells Fargo Securities Operator Good morning.

CyberArk Software Ltd. (CYBR) Q1 2023 Earnings Call Transcript

CyberArk's (CYBR) first-quarter 2023 results reflect the strong demand for the company's SaaS solutions and on-premise subscription offerings.

CyberArk (CYBR) Posts Narrower Q1 Loss, Misses Revenues

The headline numbers for CyberArk (CYBR) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About CyberArk (CYBR) Q1 Earnings

CyberArk (CYBR) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to loss of $0.30 per share a year ago.

CyberArk (CYBR) Reports Q1 Loss, Misses Revenue Estimates

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced the Company's financial results for the first quarter ended March 31, 2023. “Our results in the first quarter demonstrate the durability of our business model and the mission criticality of our Identity Security platform,” said Matt Cohen, CyberArk's Chief Executive Officer. “With identity-based attacks increasing in frequency and severity, CISOs are prioritizi.

CyberArk Announces First Quarter 2023 Results

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced enhancements to its CyberArk Identity Flows orchestration solution, including new integrations with Gurucul, Proofpoint and SentinelOne. Part of the CyberArk Identity Security Platform, CyberArk Identity Flows automates risk response tasks and processes through no-code app integrations and workflows, and improves response times, efficiency and productivity. Cyb.

CyberArk Identity Flows Accelerates Cybersecurity Risk Response

CyberArk (CYBR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

CyberArk (CYBR) Soars 5.6%: Is Further Upside Left in the Stock?

CyberArk (CYBR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will CyberArk (CYBR) Report Negative Earnings Next Week? What You Should Know

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced details of CyberArk IMPACT 23, the company's annual conference dedicated to strategies and technologies for defending against identity-based cyberattacks. The conference will take place at the Hynes Convention Center in Boston from May 22-24. In addition, keynotes will be live streamed for virtual attendees. In today's threat landscape, identity is the attack s.

CyberArk to Host IMPACT 23: The Identity Security Conference, May 22-24 in Boston

LONDON--(BUSINESS WIRE)--Leading provider of global communications and security services BT and leader in Identity Security CyberArk (NASDAQ: CYBR) today announce the launch of BT's global Privileged Identity Security managed service. Built exclusively on the CyberArk Identity Security Platform, this first-of-its-kind service for BT customers delivers scalable and effective cybersecurity risk reduction. With identity-based cyberattacks on the rise, protecting against the compromise of the human.

BT Customers to Benefit From New Global Identity Security Managed Service Powered by CyberArk

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, announced the winners of its 2022 Global Partner of the Year awards. The awards recognize top-performing partners, including those with the greatest potential for accelerating growth of their Identity Security-based programs, powered by CyberArk. The CyberArk Partner Network of more than 1,800 system integrators, managed service providers, strategic outsourcers, advisories, di.

CyberArk Announces Global Partner of the Year Award Winners

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced that it will report its first quarter 2023 financial results before the U.S. financial markets open on Thursday, May 11, 2023. In conjunction with this announcement, CyberArk will host a conference call on Thursday, May 11, 2023 at 8:00 a.m. Eastern Time (ET) to discuss the company's first quarter financial results and its business outlook.

CyberArk to Announce First Quarter 2023 Financial Results on May 11

Qualys

SentinelOne

Splunk

With a boost in global security spending expected this year, these cybersecurity stocks are worth a closer look.

News for CyberArk Software Stock (CYBR)