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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CyberArk is down year-to-date but is beating the market by a factor of over two. It's nearing the end of its subscription model transition while the secular trend to Zero Trust is accelerating.

A Massive Secular Trend Plus New Business Model Makes CyberArk A Top Pick

CyberArk (CYBR) reported earnings 30 days ago. What's next for the stock?

CyberArk (CYBR) Down 0.2% Since Last Earnings Report: Can It Rebound?

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced that it won the 2022 SC Award for Best Identity Management Solution. The SC Awards program is cybersecurity's most prestigious and competitive program, recognizing the solutions, organizations and people driving innovation and success in information security. According to the program, “As a core pillar of zero trust, identity security protects all types of iden

CyberArk Wins 2022 SC Award for Best Identity Management Solution

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced a series of Channel Partner Program initiatives to enhance collaboration, strengthen learning, solve for cybersecurity debt and drive greater customer value while helping CyberArk and its partners dramatically grow Identity Security-related business opportunities. CyberArk has one of the industry's largest networks of security-focused partners, with more than 1

CyberArk Drives Channel Partner Program Growth

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

CyberArk (CYBR) Q2 Loss Narrower Than Expected, Revenues Beat

CyberArk Software Ltd. (NASDAQ:CYBR ) Q2 2022 Earnings Conference Call August 10, 2022 8:30 AM ET Company Participants Erica Smith - Senior Vice President, Investor Relations & ESG Udi Mokady - Chairman & Chief Executive Officer Josh Siegel - Chief Financial Officer Conference Call Participants Saket Kalia - Barclays Hamza Fodderwala - Morgan Stanley Rob Owens - Piper Sandler Fatima Boolani - Citi Gregg Moskowitz - Mizuho Brian Essex - Goldman Sachs Roger Boyd - UBS Securities Adam Borg - Stifel Jonathan Ho - William Blair Eric Heath - KeyBanc Capital Joshua Tilton - Wolfe Research Trevor Walsh - JMP Securities Alex Henderson - Needham Andrew Nowinski - Wells Fargo Operator Good morning.

CyberArk Software Ltd. (CYBR) CEO Udi Mokady on Q2 2022 Results - Earnings Call Transcript

CyberArk (CYBR) delivered earnings and revenue surprises of 10% and 2.43%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

CyberArk (CYBR) Reports Q2 Loss, Tops Revenue Estimates

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced strong financial results for the second quarter ended June 30, 2022. “We had an outstanding second quarter with momentum continuing to build for our Identity Security platform,” said Udi Mokady, CyberArk Chairman and CEO. “Robust demand, great execution and strong industry tailwinds drove the strength in our bookings. This resulted in 48 percent year-over-year

CyberArk Announces Strong Second Quarter 2022 Results

As the general tech sector takes a tumble, the shares of Cyberark Software Ltd (NASDAQ:CYBR) are going along with it, just ahead of the cyber-security concern's second-quarter earnings report, which is due out before the open tomorrow, Aug. 10.

Cyberark Software Awaits Turn in the Earnings Confessional

Technology advances often involve software-driven electronic equipment which opens the door to the potential for misuse or unauthorized use. Demand for protections from such abuses continues to grow. Competitors abound, but demand continues to grow faster in both volume and complexity. Information-handling progress in investment transactions has led to the elimination of “trade commissions” dramatically changing the industry.

CyberArk Software: This Security Stock Remains An Odds-On Buy

NEWTON, Mass. & PETACH TIVKA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced it was named a Leader in the 2022 Gartner® Magic Quadrant™ for Privileged Access Management1. The company was positioned both highest in ability to execute and furthest in completeness of vision for the fourth time in a row. According to the report, “While core PAM [privileged access management] products continue to be important security tools, shifting demand

CyberArk Named a Leader in 2022 Gartner Magic Quadrant for Privileged Access Management

BOSTON--(BUSINESS WIRE)--CyberArk Impact 2022 – CyberArk (NASDAQ: CYBR), the global leader in Identity Security, is making several announcements today at the CyberArk Impact 2022 event that put cybersecurity innovation at the epicenter of identity protection. Continuing to define and lead the Identity Security market, only CyberArk can deliver comprehensive advancements in key areas that help customers enable Zero Trust, such as privileged access management, identity management, cloud privilege

CyberArk Advances Identity Security Market with Unmatched Cybersecurity Innovation

BOSTON--(BUSINESS WIRE)--CyberArk Impact 2022–CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced CyberArk Secrets Hub, a new Software-as-a-Service (SaaS) solution. Secrets Hub makes it easier for developers in hybrid environments to consume secrets on Amazon Web Services (AWS) using AWS Secrets Manager, while security managers retain centralized control and the ability to enforce unified policies over secrets using existing processes and infrastructure. In the past

CyberArk Launches Secrets Hub for AWS Secrets Manager

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced that it will report its second quarter 2022 financial results before the U.S. financial markets open on Wednesday, August 10, 2022. In conjunction with this announcement, CyberArk will host a conference call on Wednesday, August 10, 2022 at 8:30 a.m. Eastern Time (ET) to discuss the company's second quarter financial results and its business outlook. To access

CyberArk to Announce Second Quarter 2022 Financial Results on August 10

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced the details of CyberArk Impact 2022. The global cybersecurity conference will bring together Identity Security professionals to connect, learn, collaborate and discuss the critical importance of Identity Security-based strategies. The event will showcase industry-leading products and solutions from CyberArk and its large ecosystem of partners that help reduce r

CyberArk Announces Impact 2022: The Identity Security Event of the Year

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced new CyberArk Endpoint Privilege Manager functionality that extends protection to Linux platforms. Now, security and IT professionals can easily enforce least privilege and implement foundational just-in-time security controls across Linux endpoints in any environment. Linux is widely applicable to various types of operations – everything from smartphones to clo

CyberArk Extends Endpoint Privilege Manager Capabilities to Support Linux Platforms

Although Cyberark Software Ltd (NASDAQ: CYBR) reported disappointing first-quarter revenue of $127.6 million, its earnings were better than Street expectations and management raised the full-year guidance. Mizuho Securities On CyberArk Software: Analyst Gregg Moskowitz reiterated a Buy rating.

Why These 3 CyberArk Analysts Cut Price Targets Despite Q1 Beat-And-Raise

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

CyberArk's (CYBR) Q1 Loss Matches Estimates, Revenues Miss

CyberArk Software Ltd. (NASDAQ:CYBR ) Q1 2022 Earnings Conference Call May 12, 2022 8:00 AM ET Company Participants Erica Smith - Vice President, Investor Relations Udi Mokady - Chairman & Chief Executive Officer Josh Siegel - Chief Financial Officer Conference Call Participants Saket Kalia - Barclays Adam Borg - Stifel Rob Owens - Piper Sandler Brian Essex - Goldman Sachs Fatima Boolani - Citi Gregg Moskowitz - Mizuho Hamza Fodderwala - Morgan Stanley Joshua Tilton - Wolfe Research Roger Boyd - UBS Securities Ittai Kidron - Oppenheimer Eric Heath - KeyBanc Capital Trevor Walsh - JMP Securities Justin Donati - Wells Fargo Operator Ladies and gentlemen, thank you for standing by, and welcome to CyberArk First Quarter 2022 Earnings Call.

CyberArk Software Ltd. (CYBR) CEO Udi Mokady on Q1 2022 Results - Earnings Call Transcript

CyberArk (CYBR) delivered earnings and revenue surprises of 0% and 2.72%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

CyberArk (CYBR) Reports Q1 Loss, Lags Revenue Estimates

CyberArk Software Ltd (NASDAQ: CYBR) reported first-quarter FY22 revenue growth of 13% year-on-year to $127.6 million, missing the consensus of $130.3 million. Non-GAAP EPS loss of $(0.30) beat the consensus loss of $(0.31).

CyberArk Software Clocks 13% Revenue Growth In Q1, Misses Street View

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced strong financial results for the first quarter ended March 31, 2022. “We had an excellent start to 2022 and our business continued to accelerate,” said Udi Mokady, CyberArk Chairman and CEO. “Great execution, robust demand and strong industry tailwinds resulted in subscription ARR reaching $219 million with growth accelerating to nearly 150 percent and total AR

CyberArk Announces Strong First Quarter 2022 Results

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced the launch of CyberArk Ventures – a $30 million global investment fund designed to empower the next generation of disruptors solving complex security challenges with innovative technology. CyberArk has initially aligned with four venture capital investors: Venrock, YL Ventures, Team8 Capital and Merlin Ventures. CyberArk Ventures also announced today that it ha

CyberArk Ventures Launches with $30 Million Fund to Fuel Innovative Cybersecurity Technologies

This morning's disaster price decline to just below the extant MM coming price ranges forecast are accompanied by similar declines in stock prices of close competitors. Prior market outcomes of same-as-today's forecast R/R balance measured by odds for and size of profitability, length of holding required, interim worst loss exposure.

CyberArk Software: This Security Stock Is An Odds-On Buy

CyberArk offers identity security solutions, which help secure access across human and non-human identities besides dealing with entitlements to cloud environments. I am quite optimistic about the fact that CyberArk expects to hire more sales personnel and sign more C3 Alliance partnerships.

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