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
Qualys (QLYS) should deliver another quarter of strong sales and earnings growth when it reports Q1 financial results after the market closes Monday, with cybersecurity peer CyberArk Software (CYBR) on tap later this week. Analysts polled by Thomson Reuters expect the Redwood City, Calif.-based online security vendor to report earnings per share excluding items of 11 cents, up 120% compared with a year earlier. Revenue should climb 25% to $37.99
Here’s a rundown of the top five events to watch in the upcoming week: Two cybersecurity firms are set to report quarterly earnings: Qualys (QLYS) and CyberArk (CYBR). Qualys reports earnings after the close on Monday. Analysts expect earnings to increase 120%, while revenue is projected to rise 25%. Industry group peer CyberArk Software reports after the close on Thursday. The September 2014 IPO is expected to earn 5 cents a share on revenue of