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Wednesday, November 6, 2019

=CyberArk (CYBR) reported earnings on Wed 6 Nov 19 (b/o)



CyberArk beats by $0.18, beats on revs; guides Q4 EPS above consensus, revs above consensus

  • Reports Q3 (Sep) earnings of $0.65 per share, excluding non-recurring items, $0.18 better than the S&P Capital IQ Consensus of $0.47; revenues rose 27.7% year/year to $108.12 mln vs the $103.04 mln S&P Capital IQ Consensus.
    • Q3 license revenue rose 25% yr/yr to $57.9 mln.
  • Co issues upside guidance for Q4, sees EPS of $0.78-0.82, excluding non-recurring items, vs. $0.67 S&P Capital IQ Consensus; sees Q4 revs of $125-127 mln vs. $122.7 mln S&P Capital IQ Consensus.
  • "We delivered revenue growth of 28%, a non-GAAP operating margin of 27% and signed 200 new customers. Our results demonstrate our strong execution, leadership position in the market and the robust demand environment for our solutions."
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