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-0.0258944616892665 -0.0320209116157491 0 0.00065348799215813 -0.0442738114687143 -0.0728639111256331 -0.0626531612481621 -0.0606110112726679
Stock impact report

CyberArk Announces Strong First Quarter 2024 Results

CyberArk Software Ltd. - Ordinary Shares (CYBR) 
Last cyberark software ltd. - ordinary shares earnings: 2/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.cyberark.com
Company Research Source: Business Wire
Results Exceeded all Guided MetricsSubscription Portion of Annual Recurring Revenue (ARR) Grew 54% Year-Over-Year to $621 millionTotal ARR Grew 34% Year-Over-Year to $811 millionSubscription Revenue Grew 69% Year-Over-Year to $156.2 millionTotal Revenue Grew 37% Year-Over-Year to $221.6 millionNet Cash Provided by Operating Activities for the Quarter was $68.6 millionCompany Raises Full Year Guidance Across all Metrics NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced strong financial results for the first quarter ended March 31, 2024.“We had a strong start to 2024. Our first quarter results reflect our focus on driving growth and profitability at scale. We posted 54 percent Subscription ARR growth and 37 percent revenue growth, while significantly expanding operating margins and growing net cash provided by operating activities,” said Matt Cohen, CyberArk's Chief Executive Officer. “Every organization has Show less Read more
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