CyberArk Software Ltd. (CYBR) Q4 2023 Earnings Call Transcript

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Q4: 2024-02-08 Earnings Summary

EPS of $0.81 beats by $0.34
 | Revenue of $223.10M (31.90% Y/Y) beats by $13.36M

CyberArk Software Ltd. (NASDAQ:CYBR) Q4 2023 Earnings Conference Call February 8, 2024 8:30 AM ET

Company Participants

Erica Smith – Senior Vice President, Finance and Investor Relations
Matt Cohen – Chief Executive Officer
Josh Siegel – Chief Financial Officer

Conference Call Participants

Saket Kalia – Barclays
Shaul Eyal – TD Cowen
Fatima Boolani – Citigroup
Rob Owens – Piper Sandler
Jonathan Ho – William Blair
Tal Liani – Bank of America
Joshua Tilton – Wolfe Research
Hamza Fodderwala – Morgan Stanley
Ray McDonough – Guggenheim Securities

Operator

Good morning. My name is Dennis and I will be your conference operator today. At this time, I would like to welcome everyone to the CyberArk Software Fourth Quarter and Full Year 2023 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions]

I would now like to turn the conference over to Erica Smith, Senior Vice President, Finance and Investor Relations. Please go ahead.

Erica Smith

Thank you, Dennis. Good morning. Thank you for joining us today to review CyberArk’s strong fourth quarter and full year 2023 financial results. With me on the call today are Matt Cohen, our Chief Executive Officer; and Josh Siegel, our Chief Financial Officer. After the prepared remarks, we will open the call up to a question-and-answer session. Before we begin, let me remind you that certain statements made on the call today may be considered forward-looking statements, which reflect management’s best judgment based on currently available information. I refer specifically to the discussion of our expectations and beliefs regarding our projected results of operations for the first quarter, full year 2024, and beyond.

Our actual results might differ materially from those projected in these forward-looking statements. I direct your attention

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