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CyberArk (CYBR) Soars 8% as Q4 Earnings & Sales Crush Estimates
CYBRCyberArk Software(CYBR) Zacks Investment Research·2024-02-09 22:41

CyberArk Software Ltd. (CYBR) shares gained 7.6% on Thursday after the cybersecurity company delivered better-than-expected results for the fourth quarter of 2023. The company reported non-GAAP earnings of 81 cents per share and outpaced the Zacks Consensus Estimate of 47 cents. CyberArk’s fourth-quarter non-GAAP earnings also came well ahead of its previously provided guidance range of 41-50 cents per share.Moreover, the bottom line improved more than fivefold from the year-ago quarter’s earnings of 16 cen ...