CyberArk beats by $0.06, beats on revs; guides Q4 EPS in-line, revs in-line
- Reports Q3 (Sep) adj. earnings of $0.25 per share, $0.06 better thanthe Capital IQ Consensus of $0.19; revenues rose 17.8% year/year to $64.8 mln vs the $62.65 mln Capital IQ Consensus. License revenue was $35.8 million, compared to $33.3 million in the third quarter of 2016. Maintenance and Professional Services revenue was $29.0 million, an increase from $21.7 million in the third quarter of 2016.
- Co issues in-line guidancefor Q4, sees EPS of $0.35-0.36, excluding non-recurring items, vs. $0.36 Capital IQ Consensus Estimate; sees Q4 revs of $75-76 mln vs. $75.51 mln Capital IQ Consensus Estimate.
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