CyberArk Announces Strong Third Quarter 2016 Results

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Imperial Capital Upgrades CyberArk Software (CYBR) to Outperform; Strong License Revenue Growth

November 7, 2016 6:08 AM EST

Imperial Capital upgraded CyberArk Software (NASDAQ: CYBR) from In-Line to Outperform with a price target of $55.00, citing strong momentum.

Analyst Michael Kim commented, "Our price target implies potential upside of 15% above recent levels. We are impressed with the companys consistently strong license revenue... More

CyberArk Software (CYBR) Tops Q3 EPS by 10c; Guides FY16 Above the Street

November 3, 2016 6:34 AM EDT

CyberArk Software (NASDAQ: CYBR) reported Q3 EPS of $0.33, $0.10 better than the analyst estimate of $0.23. Revenue for the quarter came in at $55 million versus the consensus estimate of $52.28 million.

GUIDANCE:

CyberArk Software sees Q4 2016 EPS of $0.31-$0.33, versus the consensus of... More