CyberArk Software Third Quarter 2024 Earnings: Beats Expectations

Simply Wall St.12-12

CyberArk Software (NASDAQ:CYBR) Third Quarter 2024 Results Key Financial Results Revenue: US$240.1m (up 26% from 3Q 2023). Net income: US$11.1m (up from US$14.6m loss in 3Q 2023). Profit margin: 4.6%...

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The move to profitability was driven by higher revenue.NasdaqGS:CYBR Earnings and Revenue History December 11th 2024. All figures shown in the chart above are for the trailing 12 month  period. Revenue exceeded analyst estimates by 2.6%. Earnings per share  also surpassed analyst estimates.Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US.The company's shares are down 3.4% from a week ago.We should say that we've discovered 1 warning sign for CyberArk Software that you should be aware of before investing here.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CYBR":"Cyber-Ark Software"},"translate_title":"CyberArk Software 2024年第三季度收益：超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CYBR":1},"content_text":"CyberArk Software (NASDAQ:CYBR) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$240.1m (up 26% from 3Q 2023).\nNet income: US$11.1m (up from US$14.6m loss in 3Q 2023).\nProfit margin: 4.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.\nEPS: US$0.26 (up from US$0.35 loss in 3Q 2023).\n\n\n\n\n  NasdaqGS:CYBR Earnings and Revenue History December 11th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nCyberArk Software Revenues and Earnings Beat Expectations\n Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates. \n Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US. \nPerformance of the American Software industry.\n The company's shares are down 3.4% from a week ago. \nRisk Analysis\n We should say that we've discovered 1 warning sign for CyberArk Software that you should be aware of before investing here. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2490995248"}