Nomura Securities Raises PT on CyberArk Software (CYBR) to $50 Following Strong Q1
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CyberArk Announces Strong First Quarter 2015 Results
May 7, 2015 4:05 PM EDTFirst quarter total revenue of $32.9 million increases 89% year-over-year
First quarter license revenue of $20 million increases 119% year-over-year
NEWTON, Mass. & PETACH TIKVAH, Israel--(BUSINESS WIRE)-- CyberArk, (NASDAQ: CYBR), the company that protects organizations from cyber attacks that have made their way inside the network perimeter, today announced financial results for the first quarter ended March 31, 2015.
CyberArk had an exceptional first quarter, exceeding our expectations across all financial metrics, and giving us the confidence to raise our full year guidance said Udi Mokady, CyberArk CEO. The increased demand and... More
