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.

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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.

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CyberArk is a leading identity and access security solutions company, specializing in protecting organizations' most critical assets from cyberattacks. The company is undergoing a shift to a subscription model due to customer preference for recurring software solutions. In my view, the change could bring significant revenue growth.

CyberArk: New Subscription Model, Beneficial Guidance, And Cheap

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NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced the successful completion of its Service Organization Control (SOC) 2 Type 2 and SOC 3 certifications, reinforcing the highest level of security controls for an Identity Security platform. CyberArk successfully achieved SOC 3 compliance while expanding SOC 2 compliance to include CyberArk Secure Web Sessions.

CyberArk Achieves SOC 2 Type 2, SOC 3 Certifications for Its Identity Security Platform

The latest update to CyberArk's (CYBR) Workforce Password Management solution features application access controls based on usernames, support for CAPTCHA-enabled web apps & enhanced reporting.

CyberArk (CYBR) Enhances Workforce Password Management Solution

NEWTON, Mass. & PETACH TIVKA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced enhancements to Workforce Password Management. CyberArk's cloud-based enterprise password management solution enables organizations to securely capture, store and manage password-based applications and other secrets. New capabilities provide administrators with greater flexibility and control to reduce risk and improve security for web applications.

CyberArk Workforce Password Management Delivers Advanced Protections for Enterprise Users

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Here is how CyberArk (CYBR) and Microchip Technology (MCHP) have performed compared to their sector so far this year.

Is CyberArk Software (CYBR) Stock Outpacing Its Computer and Technology Peers This Year?

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NEWTON, Mass. & PETACH TIVKA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced it was named an Overall Leader in the KuppingerCole Analysts AG 2023 “Leadership Compass: Privileged Access Management.”1 CyberArk's leadership position is based on consistently demonstrated excellence across product, innovation and market leadership categories.

CyberArk Named an Overall Leader in Privileged Access Management by KuppingerCole Analysts

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CyberArk's Q4 earnings report confirmed it's at the end of its subscription transition from a financial perspective. This is leading to more consistent and predictable revenue and revenue growth.

Long Live Recurring Revenue: CyberArk Is Back In The Revenue Driver's Seat

CyberArk's (CYBR) fourth-quarter 2022 results reflect the strong demand for the company's SaaS solutions and on-premise subscription offerings.

CyberArk (CYBR) Q4 Earnings Beat Estimates, Revenues Miss

CyberArk Software Ltd (NASDAQ:CYBR ) Q4 2022 Results Conference Call February 9, 2023 8:00 AM ET Company Participants Erica Smith - Head of IR Udi Mokady - CEO Matt Cohen - COO Josh Siegel - CFO Conference Call Participants Saket Kalia - Barclays Capital Hamza Fodderwala - Morgan Stanley Rob Owens - Piper Sandler Fatima Boolani - Citi Eric Heath - KeyBanc Capital Markets Shaul Eyal - Cowen & Company Brian Essex - JPMorgan Adam Borg - Stifel Roger Boyd - UBS Securities Tal Liani - Bank of America Jonathan Ho - William Blair Josh Wood Tilton - Wolf Research Gregg Moskowitz - Mizuho Operator Thank you for standing by. At this time, I would like to welcome everyone to the Q4 2022 CyberArk Software Earnings Conference Call.

CyberArk Software Ltd (CYBR) Q4 2022 Earnings Call Transcript

CyberArk (CYBR) delivered earnings and revenue surprises of 23.08% and 2.84%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

CyberArk (CYBR) Q4 Earnings Beat Estimates

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced strong financial results for the fourth quarter and full year ended December 31, 2022. “Our results in the fourth quarter and full year 2022 demonstrate the durability of demand for our solutions and strong execution,” said Udi Mokady, CyberArk Chairman and CEO.

CyberArk Announces Strong Fourth Quarter and Full Year 2022 Results

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced that Founder, Chairman and CEO, Udi Mokady, will assume the role of Executive Chair of the Board of Directors, (Executive Chair) effective April 3, 2023. At that time, Matthew Cohen, CyberArk's Chief Operating Officer, will be appointed Chief Executive Officer and join the Board of Directors.

CyberArk Announces Planned Executive Changes

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CyberArk (CYBR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CyberArk (CYBR) Expected to Beat Earnings Estimates: Should You Buy?

CyberArk (CYBR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in CyberArk (CYBR): Can Its 6.6% Jump Turn into More Strength?

NEW YORK--( BUSINESS WIRE )--nsKnox, the global leader in Bank Account Validation and B2B Payment Security, announced today a new funding round of $17 million, bringing its total funding to date to $35.6M. Two new investors, U.S.-based Internet & technology venture capital firm Link Ventures and Harel Insurance & Finance, took a significant part in the round and were joined by existing nsKnox investors, including M12 - Microsoft's Venture Fund, Viola Ventures, and Alon Cohen, the Company's Founder and CEO and formerly Founder, Chairman and CEO of CyberArk (Nasdaq: CYBR). The proceeds will be primarily used by nsKnox to scale its Go-to-Market infrastructure and to expand its product suite to corporations and banks.

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NEWTON, Mass. & PETACH TIKVA, Israel--( BUSINESS WIRE )--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced that it will report its fourth quarter and year end 2022 financial results before the U.S. financial markets open on Thursday, February 9, 2023.

CyberArk to Announce Fourth Quarter and Year End 2022 Financial Results on February 9

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