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Nick Robinson

How did CyberArk perform in Q1?

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CyberArk Software Ltd. (CYBR) reported its Q1 2019 results on May 15th. The results beat the Zacks Consensus Estimate on both earnings and revenues. Non-GAAP earnings-per-share were announced to be $0.56. This figure is a large gap upwards versus the Zacks Consensus Estimate of $0.41 per share.

As for revenues, CyberArk’s reported revenues jumped 34% when compared to the previous year’s results. CryberArk’s revenues are currently $95.9 million, and the figure beat the consensus estimate of $92 million.

As far as analyst’s position on the stock, CyberArk sports a Zacks Rank #3 (Hold), by no means a bad rating.

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