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 Q3 2023

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CyberArk (CYBR) partners with Accenture to deploy Privileged Access Solution, which will be used by both Accenture and its clients.

CyberArk (CYBR) & Accenture Team Up to Expand Security Platform

CyberArk (CYBR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

CyberArk (CYBR) Surges 3.8%: Is This an Indication of Further Gains?

Cybersecurity company CyberArk shares moved higher after analysts at Bank of America said the firm is poised to capitalize on the escalating importance of Privileged Access Management (PAM) in cybersecurity. Over 80% of cyberattacks are attributed to identity exploitation, emphasizing the need for advanced identity security measures, especially focusing on privileged account identities.

CyberArk gains traction as Bank of America raises price objective

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced that Accenture, a leading global professional services company, has expanded its deployment of the CyberArk Identity Security Platform to include CyberArk Privilege Cloud. The solution enables Accenture to control and monitor privileged access across on-premises, cloud and hybrid infrastructures for clients as well as their own IT environment. “Accenture is one of our m.

CyberArk Collaborates with Accenture to Deliver Advanced Privileged Access Management Solutions for Clients

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NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced it has been named a Leader in the 2023 Gartner® Magic Quadrant™ for Privileged Access Management.1 CyberArk is recognized in this report for the fifth consecutive time. Additionally, CyberArk is the only vendor positioned as a Leader in both Gartner Magic Quadrant Privileged Access Management (PAM) and Access Management2 reports. The CyberArk Identity Security Platform.

CyberArk Named a Leader in 2023 Gartner Magic Quadrant for Privileged Access Management

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The 3 Best Cybersecurity Stocks to Buy Now: September 2023

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced details of its new Artificial Intelligence Center of Excellence. Drawing upon years of utilizing artificial intelligence (AI) and machine learning (ML) technology across the CyberArk Identity Security Platform, CyberArk is expanding R&D and product development resources to advance the use of generative AI to improve security for its more than 8,000 customers worldwi.

CyberArk Establishes Artificial Intelligence Center of Excellence to Combat Attacker Innovation with Identity Security Innovation

We are buy-rated on CyberArk Software Ltd. We see a favorable risk-reward profile as the company has now almost completed its transition to a SaaS business model with accelerating profitability. We think CyberArk deserves a higher multiple as it's able to accelerate its ARR growth.

CyberArk Software: Transition Complete, ARR Growth Accelerates

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NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced that it will present at the following investor conferences: Citi 2023 Global Technology Conference New York Wednesday, September 6, 2023 9:45 a.m. EDT Piper Sandler Growth Frontiers Conference Nashville, Tenn. Tuesday, September 12, 2023 1:00 p.m. CDT The presentations will be webcast live, and an archive of the presentations will be available for a limited time under t.

CyberArk to Present at Upcoming Investor Conferences

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CyberArk's second-quarter results exceeded guidance on all metrics. Subscription revenue grew 61% year over year, while annual recurring revenue soared 77%.

Why CyberArk Software Stock Popped Today

CyberArk's (CYBR) second-quarter 2023 results reflect the strong demand for the company's SaaS solutions and on-premise subscription offerings.

CyberArk (CYBR) Surpasses Q2 Earnings and Revenue Estimates

CyberArk Software Ltd. (NASDAQ:CYBR ) Q2 2023 Earnings Conference Call August 10, 2023 8:00 AM ET Company Participants Erica Smith - Head of IR Matt Cohen - CEO Joshua Siegel - CFO Conference Call Participants Saket Kalia - Barclays Capital Jonathan Ho - William Blair Robbie Owens - Piper Sandler Angie Song - Morgan Stanley Gregg Moskowitz - Mizuho Brian Essex - JPMorgan Eric Heath - KeyBanc Capital Markets Roger Boyd - UBS Joshua Tilton - Wolfe Research Adam Borg - Stifel Trevor Walsh - JMP Securities Alexander Henderson - Needham & Company Rudy Kessinger - D.A.

CyberArk Software Ltd. (CYBR) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for CyberArk (CYBR) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, CyberArk (CYBR) Q2 Earnings: A Look at Key Metrics

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced strong financial results for the second quarter ended June 30, 2023. “We had a great quarter, beating our guidance across all metrics, which demonstrates the momentum in our business and the durability of demand for our identity security platform,” said Matt Cohen, CyberArk's Chief Executive Officer. “We had a strong new business quarter and existing customers expanded.

CyberArk Announces Strong Second Quarter 2023 Results

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By now, it's fair to say that every major company is aware that cyber criminals will continually come up with new ways to attack networks and steal data.

CyberArk's Q2 Report May Offer Buy Zone For AI Threat Specialist

Add artificial intelligence to the list of technology threats staring down businesses, and that's where CyberArk comes into play.

As AI Reaches A Fever Pitch, Demand For This Firm's Services Is Surging

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced that CyberArk Endpoint Privilege Manager will be featured in the Lenovo™ (HKSE: 992) (ADR: LNVGY) ThinkShield security portfolio. Lenovo customers will be able to benefit from CyberArk's SaaS-based solution, which enables organizations to implement foundational endpoint security controls. These controls aim to block and contain potential cyber attacks on the endpoint an.

CyberArk to Deliver Advanced Endpoint Privilege Security Controls to Lenovo Customers

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CyberArk protects organizations from external cyber threats. Tenable scans an organization's infrastructure for vulnerabilities.

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Here's Why CyberArk (CYBR) is a Strong Momentum Stock

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NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced the release of its latest Environmental, Social and Governance (ESG) report. CyberArk's approach to ESG and sustainability is grounded in its commitment to its people, core values, communities and the environment, and to integrating the principles of ESG into the company's operations and strategic decision making. The report details milestones for the company's ESG prog.

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