=CyberArk (CYBR) reported earnings on Tue 14 May 2019 (b/o)

CyberArk beats by $0.15, beats on revs; guides Q2 EPS, revs above consensus; raises FY19 EPS, revs outlook

• Reports Q1 (Mar) earnings of $0.56 per share, excluding non-recurring items, $0.15 better than the S&P Capital IQ Consensus of $0.41; revenues rose 33.7% year/year to $95.94 mln vs the $92.42 mln S&P Capital IQ Consensus.
• Co issues upside guidance for Q2, sees EPS of $0.45-0.48, excluding non-recurring items, vs. $0.42 S&P Capital IQ Consensus; sees Q2 revs of $96-98 mln vs. $95.18 mln S&P Capital IQ Consensus.
• Co raises guidance for FY19, sees EPS of $2.10-2.16 (Prior $1.94-2.00), excluding non-recurring items, vs. $2.00 S&P Capital IQ Consensus; sees FY19 revs of $415-419 mln (Prior $411-415 mln) vs. $414.79 mln S&P Capital IQ Consensus.