CyberArk Software Ltd. (CYBR) released earnings for its first quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $11.46 million, or $0.22 per share. This compares with $5.47 million, or $0.13 per share, last year.
Excluding items, CyberArk Software Ltd. reported adjusted earnings of $50.29 million or $0.98 per share for the period.
Analysts on average had expected the company to earn $0.79 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 43.4% to $317.60 million from $221.55 million last year.
CyberArk Software Ltd. earnings at a glance (GAAP) :
-Earnings: $11.46 Mln. vs. $5.47 Mln. last year.
-EPS: $0.22 vs. $0.13 last year.
-Revenue: $317.60 Mln vs. $221.55 Mln last year.
-Guidance:
Next quarter EPS guidance: $0.74 to $0.81
Next quarter revenue guidance: $312.0 - $318.0 Mln
Full year EPS guidance: $3.73 to $3.85
Full year revenue guidance: $1.313 - $1.323 Bln
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