Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
IsraelIPO:
24 September 2014Website:
http://www.cyberark.comNext earnings report:
07 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | 11 min agoDividend
Analysts recommendations
Institutional Ownership
CYBR Latest News
Investors put a premium on expectations-beating growth. That's why it's profitable for investors to buy stock in founder-led technology companies — Amazon comes to mind — that keep beating expectations years after their founder presides over the company's initial public offering.
CyberArk Software Ltd. reported strong Q3 '24 results, with 26% top-line growth and a 43% increase in subscription revenue, driving margins from 9% to 15% when compared to the previous year. The acquisition of Venafi enhances CyberArk's machine identity management capabilities, crucial as enterprises adopt AI and multi-cloud environments. CyberArk's differentiation lies in its secured identity management platform, recognized by Gartner as a leader in privileged access management, driving significant new customer wins.
While a robust demand environment drives CYBR's top-line growth in the third quarter, lower expenses boost the bottom-line performance.
CyberArk (CYBR) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.42 per share a year ago.
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Get a deeper insight into the potential performance of CyberArk (CYBR) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
In the most recent trading session, CyberArk (CYBR) closed at $296.20, indicating a +0.59% shift from the previous trading day.
CyberArk (CYBR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
CyberArk's third-quarter 2024 results are expected to benefit from its shift toward software-as-a-service and subscription-based models.
CyberArk (CYBR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
What type of business is CyberArk Software?
CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sells software-based identity security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager, which offers risk-based credential security and session; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide secure access to third-party vendors; Dynamic Privileged Access, a SaaS solution that provides just-in-time access to Linux Virtual Machines; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Secure Desktop, a solution that protects access to endpoints. The company also provides workforce identity, which offers adaptive multi-factor authentication (MFA), single sign-on, secure web sessions, workforce password management, application gateway, identity lifecycle management, and directory services; and customer identity services that provides authentication and authorization services, MFA, directory, and user management. In addition, it offers Secrets Manager Credential Providers to provide and manage the credentials used by third-party solutions; Conjur Enterprise and Conjur Cloud, which offers a secrets management solution for specific requirements; Secrets Hub, a centralized visibility and management platform; Cloud Security solutions; Identity Management solutions, including lifecycle management, identity flows, identity compliance, and directory services; and Secure Browser. The company serves financial services, manufacturing, insurance, healthcare, energy and utilities, transportation, retail, technology, and telecommunications industries; and government agencies. The company was incorporated in 1996 and is headquartered in Petah Tikva, Israel.
What sector is CyberArk Software in?
CyberArk Software is in the Technology sector
What industry is CyberArk Software in?
CyberArk Software is in the Software Infrastructure industry
What country is CyberArk Software from?
CyberArk Software is headquartered in Israel
When did CyberArk Software go public?
CyberArk Software initial public offering (IPO) was on 24 September 2014
What is CyberArk Software website?
https://www.cyberark.com
Is CyberArk Software in the S&P 500?
No, CyberArk Software is not included in the S&P 500 index
Is CyberArk Software in the NASDAQ 100?
No, CyberArk Software is not included in the NASDAQ 100 index
Is CyberArk Software in the Dow Jones?
No, CyberArk Software is not included in the Dow Jones index
When was CyberArk Software the previous earnings report?
No data
When does CyberArk Software earnings report?
The next expected earnings date for CyberArk Software is 07 February 2025