CYBR - CyberArk Enjoys Strong Earnings Beat: 'Identity Security Platform Gains Momentum' CEO Says | Benzinga
CyberArk Software Ltd (NASDAQ: CYBR) saw third-quarter (Q3) revenue growth of 25% year-on-year to $191.2 million, beating the consensus of $184.7 million.
The information security company posted an adjusted EPS of $0.42, which beat the consensus of $0.23.
Segments: Revenues from Subscriptions expanded 65% Y/Y to $122.9 million. Maintenance and professional services declined to $64.3 million vs. $64.6 million Y/Y.
Key Performance Indicators: Annual Recurring Revenue (ARR) increased 38% Y/Y to $705 ...