For the quarter ended December 2023, CyberArk (CYBR) reported revenue of $223.1 million, up 31.9% over the same period last year. EPS came in at $0.81, compared to $0.16 in the year-ago quarter.The reported revenue represents a surprise of +6.42% over the Zacks Consensus Estimate of $209.65 million. With the consensus EPS estimate being $0.47, the EPS surprise was +72.34%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...

CyberArk (CYBR) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 72.34%. A quarter ago, it was expected that this maker of software that detects attacks on privileged accounts would post earnings of $0.24 per share when it actually produced earnings of $0.42, delivering a surprise of 7 ...

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced that Indiana University Health (IU Health) has expanded its use of the CyberArk Identity Security Platform to fortify cybersecurity protocols, strengthen incident response and reduce cyber insurance costs by prioritizing privileged access management (PAM). IU Health is Indiana’s largest network of physicians comprising more than 38,000 team members serving over 1.2 million indivi ...

Exhibit 99.1 CyberArk Announces Strong Fourth Quarter and Full Year 2023 Results Company Exceeds Expectations Across all Guided Metrics Subscription Portion of Annual Recurring Revenue (ARR) of $582 million; Growth of 60% Year-over-Year Total ARR of $774 million; Growth of 36% Year-over-Year Subscription Revenue of $472.0 million for Full Year 2023; Growth of 68% Year-Over-Year Record Total Revenue of $751.9 million for Full Year 2023; Growth Accelerates to 27% Year-Over-Year Net Cash Provided by Operating ...

CyberArk Software Ltd. (CYBR) is scheduled to report fourth-quarter 2023 results on Feb 8 before market open.The cybersecurity firm projects revenues between $206.5 million and $211.5 million. The Zacks Consensus Estimate is pegged at $209.7 million, suggesting year-over-year growth of 23.9%.The company forecasts fourth-quarter non-GAAP earnings in the range of 41-50 cents per share. The consensus mark is pegged at 47 cents per share, implying a surge of 193.8% from the year-ago figure of 16 cents.CyberArk’ ...

Wall Street expects a year-over-year increase in earnings on higher revenues when CyberArk (CYBR) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 8, 2024, might help the stock move higher if these key numbers are better than exp ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

CyberArk (CYBR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find it ...

Inflation has moved into an endemic phase. The annual rate of inflation is much closer to the Federal Reserve’s target rate of around 2%.However, the last few years have made it abundantly clear that we live in a digital world. That means that individuals and businesses must protect our identity and personal data like never before. And that makes cybersecurity stocks a solid investment opportunity in 2024 and beyond.  A report by Mordor Intelligence forecasts the cybersecurity market to grow at a compound a ...

Key PointsCyberArk offers investors a mid-cap stock in the cybersecurity sector.  GitLab is a smart way for investors to buy the convergence of AI and Web 3.0. Wingstop is correcting, but analysts still love the stock.  5 stocks we like better than GitLabThe beginning of a new year also means that a new earnings season is right around the corner. Every earnings season seems "the most important earnings season" for investors. But when every stock is important, it's hard to focus on the important stocks.  One ...