CyberArk Software (CYBR) Tops Q2 EPS by 14c, Offers Guidance

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CyberArk Announces Strong Second Quarter 2024 Results

August 8, 2024 7:00 AM EDT

Results Exceeded all Guided Metrics

Subscription Portion of Annual Recurring Revenue (ARR) Grew 50% Year-Over-Year to $677 million

Total ARR Grew 33% Year-Over-Year to $868 million

Subscription Revenue Grew 49% Year-Over-Year to $158.4 million

Total Revenue Grew 28% Year-Over-Year Reaching a Record of $224.7 million

Net Cash Provided by Operating Activities for the Six Months Ended June 30, 2024 of $113.0 million

Company Raises Full Year Guidance Across all Metrics

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