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 (CYBR) delivered earnings and revenue surprises of 41.38% and 12.78%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

CyberArk (CYBR) Q4 Earnings and Revenues Surpass Estimates

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk, (NASDAQ: CYBR), the global leader in identity security, today announced record financial results for the fourth quarter and year ended December 31, 2020. “Our record fourth quarter results demonstrate the strength of demand across our identity security platform that has a foundation in Privileged Access Management (PAM),” said Udi Mokady, CyberArk Chairman and CEO. “Digital transformation, cloud migration and work from anywhere ar

CyberArk Announces Record Fourth Quarter and Full Year 2020 Results

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)-- #Cybersecurity--CyberArk (NASDAQ: CYBR), today announced that CyberArk Core Privileged Access Security has received a Cyber CatalystSM designation. Created by Marsh, a global leader in insurance broking and risk management, the Cyber Catalyst program convenes leading cyber insurers to evaluate cybersecurity solutions and awards the Cyber Catalyst designation to those they believe can have a meaningful impact on cyber risk. The program's rigorous evaluation

CyberArk Receives Cyber Catalyst SM Designation From Global Cyber Insurance Leaders

Fortinet

Security stocks have been on a tear because of last year's high-profile cyber attack. Two Wall Street analysts on Tuesday gave their recommendations for the best ways to play the sector.

CyberArk and Fortinet Rally as Analysts See Growth in Security Spending

CyberArk Software (CYBR) shares jumped higher after D.A. Davidson upgraded the stock to Buy with a $180 price target.

CyberArk (CYBR) Moves Higher After Analyst Upgrade

CrowdStrike

Okta

These cloud guardians can make you richer in the year ahead.

3 Top Cybersecurity Stocks to Buy for 2021

CyberArk stock is likely to have a stellar 2021, driven by higher demand for its Privileged Access Management (PAM) products, and multiple expansion due to SaaS/subscription transition. As recommended by NSA, many companies will be using PAM solutions to lock down their vulnerable systems following the SolarWinds hack.

CyberArk: SolarWinds Hack To Drive Revenue Growth; Multiple Expansion To Drive The Stock

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in privileged access management, today announced that it will report its fourth quarter and year end 2020 financial results before the U.S. financial markets open on Thursday, February 11, 2021. In conjunction with this announcement, CyberArk will host a conference call on Thursday, February 11, 2021 at 8:30 a.m. Eastern Time (ET) to discuss the company's fourth quarter and year end financial resul

CyberArk to Announce Fourth Quarter and Year End 2020 Financial Results on February 11

Gilead Sciences

Groupon

Spotify

Booking Hlds

Citigroup

GrubHub

Morgan Stanley

Match Group

PepsiCo

Peloton

Over halfway through the trading day on Monday, and the broad markets have retreated.

Citigroup, Gilead, Groupon, Morgan Stanley, Spotify and More Tuesday Afternoon Analyst Calls

CyberArk (CYBR) launches an offer for SolarWinds' (SWI) Orion customers wherein it will help them identify their privileged access-related risk for free.

CyberArk (CYBR) Offers Free Breach Assessment for SolarWinds Customers

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)-- #SolarWinds--CyberArk (NASDAQ: CYBR), the global leader in privileged access management, today launched a free assessment offer to help SolarWinds Orion customers identify privileged access-related risk and implement steps to mitigate future exposure to a potential cyberattack. To date, the supply chain attack involving SolarWinds Orion business software is believed to have impacted more than 18,000 organizations. The attackers were reportedly successfu

CyberArk Announces Free Breach Assessment for SolarWinds Customers

FireEye

Proofpoint

Qualys

Data security experts are losing sleep over a Russian cyberattack, and investors expect the episode to inspire huge demand for airtight security tools.

Why Cybersecurity Stocks Soared and SolarWinds Shares Crashed on Friday

Amplify Cybersecurity ETF

Palo Alto Networks

Tenable Holdings Inc

Varonis Systems

Security-software stocks soared Friday, as investors bet that the fallout from one of the most devastating hacks in U.S. history will lead to increased security spending by companies and government agencies.

The Ratings Game: Security stocks soar as SolarWinds hack expected to lead to expensive investigations

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)-- #WFH--A new remote workforce study from CyberArk (NASDAQ: CYBR) found that the majority of employees feel more productive at home and want to continue remote work, even after it's deemed safe to return to offices. However, poor security practices could force businesses to reconsider the long-term viability of remote work. Remote Work Challenges: Family Disruptions and Zoom Fatigue As the pandemic forced more of our in-person lives into virtual en

CyberArk State of Remote Work Study: Poor Security Habits Raise Questions About the Future of Remote Work

CyberArk (CYBR) reported earnings 30 days ago. What's next for the stock?

CyberArk (CYBR) Up 5.3% Since Last Earnings Report: Can It Continue?

Canada Goose Holdings

The Wasatch International Growth (Trades, Portfolio) Fund, part of Salt Lake City-based Wasatch Global Advisors, disclosed this week that it top trades for the third quarter included the closure of its Tsuruha Holdings Inc. (TSE:3391) and Webjet Ltd. (ASX:WEB) holdings, increased bets on its JMDC Inc. (TSE:4483) and Dr. Lal PathLabs Ltd.

Wasatch International Growth Fund's Top 3rd-Quarter Trades

Fastly

NortonLifeLock

Zscaler

Cybersecurity stocks already had a long runway for growth, given our use of technology. However, Covid-19 has increased it even further.

7 Cybersecurity Stocks to Lock Down Your Portfolio

Bear of the Day: CyberArk (CYBR)

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)-- #IoT--CyberArk (NASDAQ: CYBR), the global leader in privileged access management, today announced it is working with Forescout and Phosphorus to enable organizations to secure the increasing number of IoT devices and technologies resulting from digital business transformation. Customers can significantly reduce risk using the joint integration to continuously discover, secure and manage IoT devices connected to corporate networks. By 2030, it's p

CyberArk Improves IoT Security with Forescout and Phosphorus

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk Named a Leader in Privileged Identity Management by Independent Research Firm

CyberArk Named a Leader in Privileged Identity Management by Independent Research Firm

CyberArk announced that the company is transitioning to a subscription business model beginning C2021. We expect the transition to complete in C2022 (1 year) earlier than a typical 8-10 quarters. Investors should buy CyberArk on weakness or opportunistically, given that stock is likely to rally as Varonis did long before the transition is complete.

CyberArk: Varonis Transition Teaches Us To Buy CyberArk Stock Now

CyberArk's (CYBR) third-quarter 2020 results reflect growing recurring revenue base and increasing contribution from SaaS and subscription offerings.

CyberArk (CYBR) Q3 Earnings Beat Estimates, Revenues Fall Y/Y

CyberArk Software (CYBR) CEO, Udi Mokady on Q3 2020 Results - Earnings Call Transcript

CyberArk Software Ltd.'s (CYBR) CEO Udi Mokady On Q3 2020 Results - Quick Version Earnings Call Transcript

CyberArk (CYBR) delivered earnings and revenue surprises of 6.90% and -5.26%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

News for CyberArk Software Stock (CYBR)