CyberArk Software (CYBR) Tops Q3 EPS by 48c, Offers Guidance

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CyberArk Announces Strong Third Quarter 2024 Results

November 13, 2024 7:00 AM EST

Results Exceeded all Guided Metrics

Subscription Portion of Annual Recurring Revenue (ARR) Grew 46% Year-Over-Year to $735 million

Total ARR Grew 31% Year-Over-Year to $926 million

Subscription Revenue Grew 43% Year-Over-Year to $175.6 million

Total Revenue Grew 26% Year-Over-Year Reaching a Record of $240.1 million

Net Cash Provided by Operating Activities for the Nine Months Ended September 30, 2024 of $167.2 million

Company Raises Full Year Guidance Across all Metrics

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