CyberArk Q1 Earnings, Q2 Outlook Beat Expectations

By | May 7, 2015

Scalper1 News

CyberArk Software (CYBR) late Thursday reported Q1 earnings and revenue that easily topped Wall Street expectations, fueled by increased spending on IT security as enterprises look to stop hackers inside their networks. Israel-based CyberArk reported Q1 earnings per share excluding items of 16 cents. Revenue rose 89% to $32.9 million, the third straight quarter of accelerating sales growth. Analysts polled by Thomson Reuters had expected EPS ex Scalper1 News

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