Cyberark Software (NASDAQ:CYBR) Releases FY20 Earnings Guidance
Cyberark Software (NASDAQ:CYBR) issued an update on its FY20 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $2.26-2.38 for the period, compared to the Thomson Reuters consensus estimate of $2.78. The company issued revenue guidance of $511-519 million, compared to the consensus revenue estimate of $510.73 million.Cyberark Software also updated its FY 2020
Pre-Market guidance to 2.26-2.38 EPS.
Shares of NASDAQ CYBR traded up $0.74 during mid-day trading on Friday, reaching $118.94. The company had a trading volume of 952,252 shares, compared to its average volume of 905,140. The firm has a 50 day simple moving average of $133.14 and a two-hundred day simple moving average of $118.24. The stock has a market cap of $5.25 billion, a P/E ratio of 68.75, a PEG ratio of 5.59 and a beta of 1.50. Cyberark Software has a 52-week low of $94.30 and a 52-week high of $148.74.
Cyberark Software (NASDAQ:CYBR) last issued its quarterly earnings results on Wednesday, February 12th. The technology company reported $0.97 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.16. The firm had revenue of $129.66 million during the quarter, compared to analysts’ expectations of $126.67 million. Cyberark Software had a net margin of 16.09% and a return on equity of 12.94%. Cyberark Software’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.89 EPS. Research analysts predict that Cyberark Software will post 1.56 earnings per share for the current fiscal year.
Cyberark Software Company Profile
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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