CyberArk Software (CYBR) Tops Q2 EPS by 16c, Revenues Beats; Issues Mixed Outlook

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Go back to CyberArk Software (CYBR) Tops Q2 EPS by 16c, Revenues Beats; Issues Mixed Outlook

CyberArk Announces Strong Second Quarter 2023 Results

August 10, 2023 7:00 AM EDT

Company Exceeds Guidance Across all Guided Metrics
Subscription Portion of Annual Recurring Revenue (ARR) of $451 million; Growth of 77% Year-over-Year
Total ARR of $653 million; Growth of 40% Year-over-Year
Subscription Revenue of $106.2 million in Q2; Growth of 61% Year-Over-Year
Total Revenue of $175.8 million in Q2 Exceeds Guidance; Growth of 24% Year-Over-Year
Company Raises Full Year ARR Guidance to a Range of $743 million to $753 million from $735 million to $745 million

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS... More