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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NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)---- $CYBR #identitysecurity--CyberArk (NASDAQ: CYBR), the identity security company, today announced that Heng Leong Hang, a well-established and renowned retail brand in Taiwan with more than 70 stores, has chosen the CyberArk Identity Security Platform as the foundation of its evolving cybersecurity strategy. Applying the right levels of privilege controls, the CyberArk Identity Security Platform secures human and machine identities and flexibly automates the identit.

Heng Leong Hang Implements CyberArk to Enhance Identity Security and Cybersecurity Capabilities Amidst Digital Transformation

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NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)---- $CYBR #identitysecurity--CyberArk (NASDAQ: CYBR), the identity security company, today announced that CRN®, a brand of The Channel Company, named Chris Moore, senior vice president of global channels, to its prestigious 2024 CRN® Channel Chiefs list for the second consecutive year. The list, published annually, recognizes executives that drive strategy and the channel agenda for their companies. Under Moore's leadership, 2023 was a milestone year for the CyberArk C.

CyberArk's Chris Moore Recognized as 2024 CRN® Channel Chief

Surging cyber threats from nation-state actors and sophisticated ransomware have made security spending a priority for organizations. The massive spending boom will be a tailwind for cybersecurity stocks.

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CyberArk is a Privileged Access Management focused identity security vendor that is beginning to flourish after a difficult period. CyberArk's leading position in PAM positions it to develop a unified identity platform and capitalize on the importance of identity in cybersecurity. CyberArk's revenue multiple has room to increase further, supported by improving margins and accelerating growth.

CyberArk: Emerging Cybersecurity Leader (Rating Upgrade)

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)---- $CYBR #identitysecurity--CyberArk (NASDAQ: CYBR), the identity security company, today announced the winners of its 2023 Global Partner of the Year awards. The annual awards recognize top-performing partners, specifically those with demonstrated ability to deliver exceptional customer value and accelerate the growth of identity security-based programs, powered by CyberArk. Accenture, AWS, CapGemini, CGI, Deloitte, KPMG and Kyndryl are among the award recipients. Cy.

CyberArk Announces 2023 Global Partner of the Year Award Winners

Does CyberArk (CYBR) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why CyberArk (CYBR) is a Great Choice

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

CyberArk (CYBR) Soars 8% as Q4 Earnings & Sales Crush Estimates

CyberArk Software Ltd. (CYBR) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for CyberArk (CYBR) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

CyberArk (CYBR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

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.

CyberArk (CYBR) Q4 Earnings and Revenues Beat Estimates

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 mill.

Indiana University Health Strengthens Identity Security Controls with CyberArk

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced strong financial results for the fourth quarter and full year ended December 31, 2023. “2023 was a momentous year for CyberArk and with our excellence in execution, we solidified our position as the leader in identity security,” said Matt Cohen, CyberArk's Chief Executive Officer. “Throughout the year, we consistently delivered strong results, including in the fourth qu.

CyberArk Announces Strong Fourth Quarter and Full Year 2023 Results

CyberArk's (CYBR) fourth-quarter performance is likely to reflect the benefits of the strategic mix shift toward high-margin software-as-a-service and subscription-based solutions.

CyberArk (CYBR) to Report Q4 Earnings: What's in the Offing?

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for CyberArk (CYBR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.

Curious about CyberArk (CYBR) Q4 Performance? Explore Wall Street Estimates for Key Metrics

CyberArk (CYBR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CyberArk (CYBR) Reports Next Week: Wall Street Expects Earnings Growth

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CyberArk (CYBR) is a Great Momentum Stock: Should You Buy?

CyberArk (CYBR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

CyberArk (CYBR) Upgraded to Buy: What Does It Mean for the Stock?

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)---- $CYBR--CyberArk (NASDAQ: CYBR), the identity security company, today announced the appointment of Eduarda Camacho as chief operating officer (COO). Ms. Camacho brings more than 25 years of global senior leadership experience at SaaS and enterprise software companies with a primary focus on creating value through best-in-class customer experiences. As COO, Camacho will lead CyberArk's go-to-market strategy and field execution. This includes executi.

CyberArk Appoints Eduarda Camacho as Chief Operating Officer

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