CyberArk Announces Strong Third Quarter 2019 Results

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Go back to CyberArk Announces Strong Third Quarter 2019 Results

CyberArk Software (CYBR) Tops Q3 EPS by 18c, Revenues Beat; Offers Q4 & FY19 EPS/Revenue Guidance Above Consensus

November 6, 2019 7:39 AM EST

CyberArk Software (NASDAQ: CYBR) reported Q3 EPS of $0.65, $0.18 better than the analyst estimate of $0.47. Revenue for the quarter came in at $108.1 million versus the consensus estimate of $103.08 million.

Third quarter total revenue of $108.1 million increased 28% year-over-yearThird quarter license revenue of $57.9 million increased 25% year-over-yearGAAP operating income of $12.7 million and non-GAAP operating income of $29.4 million

Q3 was another strong quarter for CyberArk, said... More