CyberArk Software

CyberArk Software Ltd. engages in the development, market, and sale of access security software solutions. The firm's products include Privilege, Access, and DevSecOps. It offers its products and services to banking, insurance, healthcare, and federal industries. The company was founded by Udi Mokady and Alon Cohen in 1999 and is headquartered in Petah Tikva, Israel.

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CyberArk Software posts robust Q4 results and eyes sustained growth

CyberArk Software reported strong Q4 performance and outlined a positive outlook for 2023, driven by robust financial results and strategic initiatives.
The company's focus on scaling, expanding into new markets, and leveraging innovative solutions positions it for continued growth and market leadership.
While facing challenges such as pricing adjustments and macro uncertainties, CyberArk remains confident in its ability to navigate the evolving landscape and drive profitability.
Opportunities in Access Management, machine identity, and channel partnerships offer avenues for growth and differentiation, reinforcing CyberArk's market position.

CyberArk reports robust Q1 growth, eyes $1B ARR milestone

CyberArk Software delivered strong financial performance in Q1 2023, driven by robust subscription growth and a focus on operational excellence.
While facing challenges like longer sales cycles and competition, the company remains confident in its unique value proposition and growth strategies.
With a clear focus on scaling efficiently, expanding its platform, and leveraging partnerships, CyberArk is well-positioned for future success and profitability.

CyberArk reports robust Q2 performance amidst cybersecurity spending surge

CyberArk Software's Q2 performance showcased strong financial growth and customer traction, with a focus on Identity Security and platform innovation.
While facing challenges in maintenance ARR decline, the company sees opportunities in the MSP market and increased cybersecurity spending.
Overall, CyberArk remains well-positioned for growth through customer conversions, cross-selling, and strategic M&A initiatives.

CyberArk exceeds Q3 guidance, focuses on security amid breaches

CyberArk Software excelled in Q3, surpassing guidance with strong revenue growth and a focus on identity security amidst high-profile breaches.
The company's platform selling motion gained traction, driving revenue and market presence, with a strategy to convert customers to SaaS gradually for expansion.
While facing challenges of potential maintenance revenue reductions, CyberArk remains confident in long-term targets, balancing profitability, growth, and customer security.
Opportunities lie in leveraging the strong market environment, expanding revenue through upsell strategies, and maximizing customer security and well-being for sustained growth.

CyberArk excels in Q4 with record subscription growth and strategic focus

CyberArk Software's strong financial performance, customer-centric approach, and strategic focus on innovation position the company for continued success and growth.
Challenges in workforce security, customer migrations, and solution integrations require careful navigation and execution to capitalize on growth opportunities.
Opportunities in customer base expansion, cloud security solutions, and channel partnerships offer avenues for revenue growth, market expansion, and enhanced customer value.

CyberArk surpasses Q1 expectations, eyes growth in cloud security

CyberArk Software delivered strong Q1 results, exceeding expectations with robust financial performance and profitability, driven by subscription ARR and total revenue growth.
The company's focus on identity security, EPM business expansion, and strategic marketing efforts position it well for future growth and market leadership in cybersecurity.
While facing challenges in conversion timelines and operational adjustments, CyberArk remains optimistic about opportunities in cloud security, SaaS business, and federal market expansion.
With a strong foundation in place, CyberArk's emphasis on innovation, customer value, and market expansion sets the stage for continued success and leadership in identity security.

CyberArk Software excels in Q3, eyes growth through strategic acquisitions

CyberArk Software's Q3 2024 earnings call showcased exceptional financial performance, driven by strong subscription and total ARR growth. The company's focus on mission-critical solutions, strategic partnerships, and market recognition positions it well for future success. While challenges exist in a competitive landscape, CyberArk's strategic initiatives and strong financial metrics indicate a promising outlook.

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CyberArk (CYBR) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to loss of $0.30 per share a year ago.

CyberArk (CYBR) Reports Q1 Loss, Misses Revenue Estimates

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced the Company's financial results for the first quarter ended March 31, 2023. “Our results in the first quarter demonstrate the durability of our business model and the mission criticality of our Identity Security platform,” said Matt Cohen, CyberArk's Chief Executive Officer. “With identity-based attacks increasing in frequency and severity, CISOs are prioritizi.

CyberArk Announces First Quarter 2023 Results

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced enhancements to its CyberArk Identity Flows orchestration solution, including new integrations with Gurucul, Proofpoint and SentinelOne. Part of the CyberArk Identity Security Platform, CyberArk Identity Flows automates risk response tasks and processes through no-code app integrations and workflows, and improves response times, efficiency and productivity. Cyb.

CyberArk Identity Flows Accelerates Cybersecurity Risk Response

CyberArk (CYBR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

CyberArk (CYBR) Soars 5.6%: Is Further Upside Left in the Stock?

CyberArk (CYBR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will CyberArk (CYBR) Report Negative Earnings Next Week? What You Should Know

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced details of CyberArk IMPACT 23, the company's annual conference dedicated to strategies and technologies for defending against identity-based cyberattacks. The conference will take place at the Hynes Convention Center in Boston from May 22-24. In addition, keynotes will be live streamed for virtual attendees. In today's threat landscape, identity is the attack s.

CyberArk to Host IMPACT 23: The Identity Security Conference, May 22-24 in Boston

LONDON--(BUSINESS WIRE)--Leading provider of global communications and security services BT and leader in Identity Security CyberArk (NASDAQ: CYBR) today announce the launch of BT's global Privileged Identity Security managed service. Built exclusively on the CyberArk Identity Security Platform, this first-of-its-kind service for BT customers delivers scalable and effective cybersecurity risk reduction. With identity-based cyberattacks on the rise, protecting against the compromise of the human.

BT Customers to Benefit From New Global Identity Security Managed Service Powered by CyberArk

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, announced the winners of its 2022 Global Partner of the Year awards. The awards recognize top-performing partners, including those with the greatest potential for accelerating growth of their Identity Security-based programs, powered by CyberArk. The CyberArk Partner Network of more than 1,800 system integrators, managed service providers, strategic outsourcers, advisories, di.

CyberArk Announces Global Partner of the Year Award Winners

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced that it will report its first quarter 2023 financial results before the U.S. financial markets open on Thursday, May 11, 2023. In conjunction with this announcement, CyberArk will host a conference call on Thursday, May 11, 2023 at 8:00 a.m. Eastern Time (ET) to discuss the company's first quarter financial results and its business outlook.

CyberArk to Announce First Quarter 2023 Financial Results on May 11

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NEWTON, Mass. & PETACH TIVKA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced findings of a global survey that explores trends in Identity Security adoption and the relative maturity of organizations embarking on related strategies. Results show that only 9% of organizations are taking an agile, holistic and mature approach to securing identities throughout their hybrid and multi-cloud environments.

Survey: 92% of Global Organizations Indicate Identity Security as Critical for a Robust Zero Trust Implementation

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CyberArk is a leading identity and access security solutions company, specializing in protecting organizations' most critical assets from cyberattacks. The company is undergoing a shift to a subscription model due to customer preference for recurring software solutions. In my view, the change could bring significant revenue growth.

CyberArk: New Subscription Model, Beneficial Guidance, And Cheap

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NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced the successful completion of its Service Organization Control (SOC) 2 Type 2 and SOC 3 certifications, reinforcing the highest level of security controls for an Identity Security platform. CyberArk successfully achieved SOC 3 compliance while expanding SOC 2 compliance to include CyberArk Secure Web Sessions.

CyberArk Achieves SOC 2 Type 2, SOC 3 Certifications for Its Identity Security Platform

The latest update to CyberArk's (CYBR) Workforce Password Management solution features application access controls based on usernames, support for CAPTCHA-enabled web apps & enhanced reporting.

CyberArk (CYBR) Enhances Workforce Password Management Solution

NEWTON, Mass. & PETACH TIVKA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced enhancements to Workforce Password Management. CyberArk's cloud-based enterprise password management solution enables organizations to securely capture, store and manage password-based applications and other secrets. New capabilities provide administrators with greater flexibility and control to reduce risk and improve security for web applications.

CyberArk Workforce Password Management Delivers Advanced Protections for Enterprise Users

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Is CyberArk Software (CYBR) Stock Outpacing Its Computer and Technology Peers This Year?

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NEWTON, Mass. & PETACH TIVKA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced it was named an Overall Leader in the KuppingerCole Analysts AG 2023 “Leadership Compass: Privileged Access Management.”1 CyberArk's leadership position is based on consistently demonstrated excellence across product, innovation and market leadership categories.

CyberArk Named an Overall Leader in Privileged Access Management by KuppingerCole Analysts

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CyberArk's Q4 earnings report confirmed it's at the end of its subscription transition from a financial perspective. This is leading to more consistent and predictable revenue and revenue growth.

News for CyberArk Software Stock (CYBR)