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CyberArk Software 11/13/2024 Earnings Report

CyberArk Software logo
$319.15 +3.97 (+1.26%)
(As of 12/20/2024 05:51 PM ET)

CyberArk Software EPS Results

Actual EPS
$0.94
Consensus EPS
$0.46
Beat/Miss
Beat by +$0.48
One Year Ago EPS
-$0.31

CyberArk Software Revenue Results

Actual Revenue
$240.10 million
Expected Revenue
$234.10 million
Beat/Miss
Beat by +$6.00 million
YoY Revenue Growth
+25.60%

CyberArk Software Announcement Details

Quarter
Time
Before Market Opens
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CyberArk Software Earnings Headlines

Cash is Down, Valuations Are Up, but Stay Invested
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
CyberArk price target raised to $370 from $335 at Stifel
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About CyberArk Software

CyberArk Software (NASDAQ:CYBR), together with its subsidiaries, develops, markets, and sells software-based identity security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager, which offers risk-based credential security and session; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide secure access to third-party vendors; Dynamic Privileged Access, a SaaS solution that provides just-in-time access to Linux Virtual Machines; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Secure Desktop, a solution that protects access to endpoints. The company also provides workforce identity, which offers adaptive multi-factor authentication (MFA), single sign-on, secure web sessions, workforce password management, application gateway, identity lifecycle management, and directory services; and customer identity services that provides authentication and authorization services, MFA, directory, and user management. In addition, it offers Secrets Manager Credential Providers to provide and manage the credentials used by third-party solutions; Conjur Enterprise and Conjur Cloud, which offers a secrets management solution for specific requirements; Secrets Hub, a centralized visibility and management platform; Cloud Security solutions; Identity Management solutions, including lifecycle management, identity flows, identity compliance, and directory services; and Secure Browser. The company serves financial services, manufacturing, insurance, healthcare, energy and utilities, transportation, retail, technology, and telecommunications industries; and government agencies. The company was incorporated in 1996 and is headquartered in Petah Tikva, Israel.

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