CyberArk Software (NASDAQ: CYBR) reported Q4 EPS of $0.89, $0.30 better than the analyst estimate of $0.59. Revenue for the quarter came in at $109.1 million versus the consensus estimate of $95.76 million.

“Our record fourth quarter results capped off a tremendous year for CyberArk,” said Udi Mokady, CyberArk Chairman and CEO. “We delivered record results across all operating metrics including revenue, GAAP and Non-GAAP operating income and net income, as well as cash flow from operations and new customer additions. We were pleased to accelerate revenue growth across the Americas, EMEA and APJ, which demonstrates our strong execution, commitment to innovation, and the robust market fundamentals. As the recognized leader in privileged access security, we enter 2019 with strong momentum and are well positioned to deliver sustainable growth and profitability.”

Revenue:

• Total revenue was $109.1 million, up 36% compared with the fourth quarter of 2017.
• License revenue was $66.8 million, up 38% compared with the fourth quarter of 2017.
• Maintenance and Professional Services revenue was $42.3 million, up 33% compared with the fourth quarter of 2017.

Operating Income:

• GAAP operating income was $27.5 million, compared to $11.6 million in the fourth quarter of 2017. Non-GAAP operating income was $39.8 million, compared to $19.7 million in the fourth quarter of 2017.

Net Income:

• GAAP net income was $24.2 million, or $0.64 per diluted share, compared to GAAP net income of $3.6 million, or $0.10 per diluted share, in the fourth quarter of 2017. Non-GAAP net income was $33.4 million, or $0.89 per diluted share, compared to $15.0 million, or $0.41 per diluted share, in the fourth quarter of 2017.

GUIDANCE:

CyberArk Software sees Q1 2019 EPS of $0.39-$0.42, versus the consensus of $0.36. CyberArk Software sees Q1 2019 revenue of $91-93 million, versus the consensus of $86.56 million.

CyberArk Software sees FY2019 EPS of $1.94-$2.00, versus the consensus of $1.94. CyberArk Software sees FY2019 revenue of $411-415 million, versus the consensus of $393.39 million.

For earnings history and earnings-related data on CyberArk Software (CYBR) click here.