CyberArk Analysts Boost Their Forecasts After Upbeat Earnings

CyberArk Software Ltd CYBR reported better-than-expected fiscal fourth-quarter results on Thursday.The company posted revenue growth of 41% year-on-year to $314.40 million, beating the analyst consensus estimate of$301.31 million. The cybersecurity company posted an adjusted EPS of 80 cents, which beat the analyst consensus estimate of 72 cents.“2024 was a milestone year for CyberArk. Our record performance in the fourth quarter and the year reflects the strength of demand for our identity security solutio ...