From Financial Modeling Prep: 2024-11-14 07:50:00

CyberArk Software (NASDAQ:CYBR) exceeded expectations in Q3 with earnings per share of $0.94, doubling analyst estimates. Revenue hit $240.1 million, beating the expected $234.1 million. The company anticipates a strong Q4 with earnings per share forecasted at $0.65 to $0.75 and revenue between $297 million and $303 million, well above market expectations.

For the full year, CyberArk is projecting net income per share between $2.85 and $2.96, with expected revenue between $983 million and $989 million. This reflects a growth of 31% to 32% over the previous year. The company also anticipates non-GAAP free cash flow of $203 million to $213 million, highlighting solid performance and leadership in identity security.



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