CyberArk Software: Q3 Earnings Insights

CyberArk Software CYBR reported its Q3 earnings results on Thursday, November 3, 2022 at 07:05 AM.

Here's what investors need to know about the announcement.

Earnings

CyberArk Software beat estimated earnings by 70.0%, reporting an EPS of $-0.06 versus an estimate of $-0.2.

Revenue was up $31.07 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 2.77% drop in the share price the next day.

Here's a look at CyberArk Software's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

CyberArk Software management provided guidance for FY 2022, expecting earnings between $-0.54 and $-0.39 per share.

To track all earnings releases for CyberArk Software visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.