CyberArk Announces Strong Second Quarter 2018 Results

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CyberArk Software (CYBR) PT Raised to $63 at Deutsche Bank

August 8, 2018 7:51 AM EDT

Deutsche Bank raised its price target on CyberArk Software (NASDAQ: CYBR) to $63.00 (from $59.00) while maintaining a Hold rating.

Analsyt Gray Powell commented, "CYBR reported solid Q2 results beating both our license and total revenue estimates by about 6%, gross profit by 7%, and posting... More

CyberArk Software (CYBR) PT Raised to $75 at Oppenheimer

August 8, 2018 7:06 AM EDT

Oppenheimer raised its price target on CyberArk Software (NASDAQ: CYBR) to $75.00 (from $65.00) while maintaining an Outperform rating.

Analyst Shaul Eyal commented, "CYBR posted strong beat-and-raise 2Q18 results driven by all-around solid execution. During 2Q, the company saw strength across new logo deals (+200),... More

CyberArk Software (CYBR) Tops Q2 EPS by 14c; Issues Mixed Outlook

August 7, 2018 4:19 PM EDT

CyberArk Software (NASDAQ: CYBR) reported Q2 EPS of $0.36, $0.14 better than the analyst estimate of $0.22. Revenue for the quarter came in at $77.7 million versus the consensus estimate of $72.91 million.

CyberArk had a great second quarter, said Udi Mokady, CyberArk Chairman and CEO. We exceeded our guidance across all metrics. We posted... More