Cyberark Software (NASDAQ:CYBR) Updates Q4 Earnings Guidance
Cyberark Software (NASDAQ:CYBR) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.78-0.82 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.67. The company issued revenue guidance of $125-127 million, compared to the consensus revenue estimate of $122.69 million.
Cyberark Software stock traded up $3.41 during midday trading on Friday, reaching $112.81. The stock had a trading volume of 25,524 shares, compared to its average volume of 667,055. Cyberark Software has a 12 month low of $64.66 and a 12 month high of $148.74. The company has a market capitalization of $4.02 billion, a P/E ratio of 78.89, a PEG ratio of 5.14 and a beta of 1.61. The company has a fifty day moving average price of $102.88 and a two-hundred day moving average price of $120.09.
Cyberark Software (NASDAQ:CYBR) last issued its earnings results on Wednesday, November 6th. The technology company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.18. Cyberark Software had a return on equity of 13.47% and a net margin of 15.23%. The business had revenue of $108.12 million during the quarter, compared to analyst estimates of $103.04 million. During the same period in the previous year, the company posted $0.48 EPS. The firm’s revenue was up 27.7% compared to the same quarter last year. On average, equities analysts expect that Cyberark Software will post 1.29 EPS for the current year.
About Cyberark Software
CyberArk Software Ltd., together with its subsidiaries, provides software-based security solutions and services for organizations to safeguard and monitor their privileged accounts. The company's solutions include Core Privileged Access Security for risk-based credential security and session management with add-on options for least privilege server and domain controller protection; Application Access Manager for secrets management for applications, tools, containers, and DevOps; and Endpoint Privilege Manager for least privilege and credential theft protection for workstations.
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