CyberArk Announces Record Fourth Quarter and Full Year 2019 Results

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CyberArk Software (CYBR) PT Lowered to $135 at FBN Securities

February 12, 2020 11:43 AM EST

FBN Securities analyst Shebly Seyarfi lowered the price target on CyberArk Software (NASDAQ: CYBR) to $135.00 (from $150.00) while maintaining a Outperform rating.

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CyberArk Software (CYBR) Tops Q4 EPS by 16c, Revenues Beat; Offers Q1 EPS/Revenue Guidance Below Est., FY20 EPS Views Below Est., FY20 Revenue Outlook Above Est.

February 12, 2020 7:14 AM EST

CyberArk Software (NASDAQ: CYBR) reported Q4 EPS of $0.97, $0.16 better than the analyst estimate of $0.81. Revenue for the quarter came in at $129.7 million versus the consensus estimate of $126.37 million.

Fourth quarter total revenue of $129.7 million increases 19% year-over-yearFourth quarter GAAP operating income of $22.9 million and non-GAAP operating income of $42.1 millionFull year total revenue of $433.9 million increases 26% year-over-yearFull year GAAP operating income of $62.3 million and non-GAAP operating income of $123.4 millionFull year net cash provided by operating activities of $141.7 million

Financial Highlights for the Fourth Quarter Ended December 31,... More