CyberArk Software (CYBR) rises as earnings, revenue top expectations

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Indiana University Health Strengthens Identity Security Controls with CyberArk

February 8, 2024 8:01 AM EST

Health Network Relies on CyberArk to Prioritize Privileged Access Management Across Expanding IT and Vendor Identities While Addressing Cyber Insurance Requirements

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)-- CyberArk (NASDAQ:... More

CyberArk Announces Strong Fourth Quarter and Full Year 2023 Results

February 8, 2024 7:00 AM EST

 Company Exceeds Expectations Across all Guided Metrics

Subscription Portion of Annual Recurring Revenue (ARR) of $582 million; Growth of 60% Year-over-Year

Total ARR of $774 million; Growth of 36% Year-over-Year

Subscription Revenue of $472.0 million for Full Year 2023; Growth of 68% Year-Over-Year

Record Total Revenue of $751.9 million for Full Year 2023; Growth Accelerates to 27% Year-Over-Year

Net Cash Provided by Operating Activities of $56.2 million for the Full Year 2023

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