IHAK - CyberArk Shares Slide Despite Positive Outlook Earnings Report | Benzinga
CyberArk Software Ltd (NASDAQ:CYBR) reported fiscal first-quarter 2024 revenue growth of 37% year-on-year to $221.55 million, beating the analyst consensus of $213.29 million.
The information security company posted an adjusted EPS of $0.75, which beat the analyst consensus of $0.28. The stock price declined after the print.
Segments: Revenues from Subscriptions expanded 69% Y/Y to $156.2 million. Maintenance and professional services were $62.4 million vs. $65.1 million Y/Y.
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