CyberArk Software (CYBR) Tops Q1 EPS by 5c
CyberArk Software (NASDAQ: CYBR) reported Q1 EPS of $0.28, $0.05 better than the analyst estimate of $0.23. Revenue for the quarter came in at $59 million versus the consensus estimate of $57.81 million.
“Our results demonstrate that new and existing customers around the world are embracing Privileged Account Security,” said Udi Mokady, CyberArk Chairman and CEO. “The attack surface continues to expand across on-premises, cloud, and hybrid environments as well as DevOps processes. With our comprehensive platform and commitment to innovation, we are best positioned to help organizations seamlessly protect privileged accounts and credentials across all enterprise environments. We plan to continue to make strategic investments across the business that will strengthen our position as the market leader while we also deliver strong growth and profitability.”
For earnings history and earnings-related data on CyberArk Software (CYBR) click here.
