CyberArk +7.7% on beats, upside outlook

|About: CyberArk Software Ltd. (CYBR)|By:, SA News Editor

CyberArk (NASDAQ:CYBR) +7.7% after Q1 beats with 34% Y/Y revenue growth with license revenue up 33% to $51.3M. Upside Q2 guidance has revenue of  $96-98M versus the $95.18M estimate and EPS of $0.45-0.48 (consensus: $0.42).

FY19 outlook also beats estimates with $415-419M in revenue (consensus: $414.79 M) and EPS of $2.10-2.16 (consensus: $2.00).

Cash from operations was $45.9M compared to the $30.2M estimate.

Ending deferred revenue was $171.1M, up 43% Y/Y.

Earnings call starts at 8:30 AM ET with a webcast here.

Press release.

Previously: CyberArk beats by $0.15, beats on revenue (May 14)

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