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.

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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.

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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.

Better Cybersecurity Stock: CyberArk vs. Tenable

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These Cybersecurity Stocks Outperform To Hit New Highs

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.

CyberArk Publishes Third Annual Environmental, Social and Governance Report

While many of the best cybersecurity stocks suffered amid the 2022 bear market, we're seeing a big rebound in this group now. Part of that is due to the current big rally within the Nasdaq and tech stocks.

Why These 3 Stocks Are the Best Ways to Play Cybersecurity Right Now

Companies are continuously facing new challenges on the cybersecurity front as hackers constantly find new ways of attacking firms' systems. Moreover, Gartner, the highly respected IT research firm, predicts that “By 2025, the consumerization of AI-enabled fraud will fundamentally change enterprise attack(s).

3 Cybersecurity Stocks to Catapult You into the Millionaires' Club

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced that it will report its second quarter 2023 financial results before the U.S. financial markets open on Thursday, August 10, 2023. In conjunction with this announcement, CyberArk will host a conference call on Thursday, August 10, 2023 at 8:30 a.m. Eastern Time (ET) to discuss the company's second quarter financial results and its business outlook. To access this call,.

CyberArk to Announce Second Quarter 2023 Financial Results on August 10

CyberArk's growth remains resilient, driven by its growing cloud presence and expansion into adjacent areas like access management. The identity management market is likely to consolidate around a few large platforms, with CyberArk potentially benefiting as a leader in Privileged Access Management. Given macro headwinds and a potential increase in competition, CyberArk's stock appears fully priced.

CyberArk: PAM Leader

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Boeing, CyberArk Lead 5 Stocks Near Buy Points

Under a new CEO, CyberArk is racing Okta, Microsoft and others to build a broad identity computer security platform.

Cybersecurity Firm CyberArk Races Rivals To Build Broad Identity Platform

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--A new global report released today by CyberArk (NASDAQ: CYBR) shows how the tension between difficult economic conditions and the pace of technology innovation, including the evolution of artificial intelligence (AI), is influencing the growth of identity-led cybersecurity exposure. The CyberArk 2023 Identity Security Threat Landscape Report details how these issues - allied to an expected 240% growth in human and machine identities – have.

CyberArk Survey: AI Tool Use, Employee Churn and Economic Pressures Fuel the Identity Attack Surface

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the Identity Security company, announced its first-ever CyberArk Identity Security Impact Award winners at CyberArk IMPACT 23. This global annual awards program recognizes customer excellence and acknowledges organizations that have harnessed the power of the CyberArk Identity Security Platform to implement innovative approaches to reducing cybersecurity risk and achieving business goals. “I'm proud to celebrate the.

CyberArk Announces Identity Security Impact Customer Award Winners

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While it certainly seems like technology is the big winner this year, in truth just 10 stocks have driven 95% of the gains in the venerable S&P 500.

6 Cybersecurity Software Stocks Could Be Set Up for Huge Second Half 2023 Gains

BOSTON--(BUSINESS WIRE)--CyberArk IMPACT 23 -- CyberArk (NASDAQ: CYBR), the Identity Security company, today announced new products and features across the CyberArk Identity Security Platform, making it the most powerful platform of its kind. Investments to enhance cloud security and deliver automation and artificial intelligence (AI) innovations across the platform make it easier than ever to apply intelligent privilege controls to all identities – human and non-human – from a single vendor. “.

CyberArk Supercharges Identity Security Platform with Automation and Artificial Intelligence Innovations

BOSTON--(BUSINESS WIRE)--CyberArk IMPACT 23 – CyberArk (NASDAQ: CYBR), the Identity Security company, today introduced CyberArk Secure Browser. This first-of-its-kind Identity Security web browser enables organizations to better protect against attacks with a flexible, identity-based approach to securing employee and third-party access to enterprise resources. By 2030, enterprise browsers will be the core platform for delivering workforce productivity and security software on managed and unmana.

CyberArk Introduces First Identity Security-Based Enterprise Browser

It's very rare for startup founders to remain CEO three years after taking their company public.

CyberArk Annual Recurring Revenue Up 42% As New CEO Takes Charge

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced that it will host an Investor Track during CyberArk IMPACT 23, the company's annual conference dedicated to strategies and technologies for defending against identity-based cyberattacks. Members of CyberArk's executive team will discuss our leadership position in Identity Security, our innovation roadmap, as well as market dynamics and our go-to-market approach.

CyberArk to Host Investor Track at IMPACT 23: The Identity Security Conference

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, announced today that Taiwan-based Gamania Group has implemented the CyberArk Identity Security Platform to strengthen its cybersecurity defenses. Gamania Group's businesses span payment services, e-commerce, online media, original content and IT and serves over 10 million gamers, customers and employees. Gamania Group's flagship business – Gamania, an online and mobile games p.

Gamania Group Implements CyberArk Identity Security Platform to Protect Over 10 Million Gamers, Customers and Employees

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CyberArk Software Ltd. (NASDAQ:CYBR ) Q1 2023 Results Conference Call May 11, 2023 8:00 AM ET Company Participants Erica Smith - Head of IR Matt Cohen - COO Josh Siegel - CFO Conference Call Participants Saket Kalia - Barclays Capital Roger Boyd - UBS Securities Adam Borg - Stifel Angie Song - Morgan Stanley Rob Owens - Piper Sandler Tal Liani - Bank of America Eric Heath - KeyBanc Capital Markets Brian Essex - JPMorgan Jonathan Ruykhaver - Cantor Fitzgerald Shrenik Kothari - Baird Andrew Nowinski - Wells Fargo Securities Operator Good morning.

CyberArk Software Ltd. (CYBR) Q1 2023 Earnings Call Transcript

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

CyberArk (CYBR) Posts Narrower Q1 Loss, Misses Revenues

The headline numbers for CyberArk (CYBR) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About CyberArk (CYBR) Q1 Earnings

CyberArk (CYBR) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to loss of $0.30 per share a year ago.

CyberArk (CYBR) Reports Q1 Loss, Misses Revenue Estimates

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced the Company's financial results for the first quarter ended March 31, 2023. “Our results in the first quarter demonstrate the durability of our business model and the mission criticality of our Identity Security platform,” said Matt Cohen, CyberArk's Chief Executive Officer. “With identity-based attacks increasing in frequency and severity, CISOs are prioritizi.

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