Welcome to our dedicated page for Cyberark Software news (Ticker: CYBR), a resource for investors and traders seeking the latest updates and insights on Cyberark Software stock.
CyberArk Software Ltd. (NASDAQ: CYBR) is a cybersecurity company focused on identity security and privileged access management, and the news surrounding CYBR reflects this specialization. Company announcements emphasize its AI-powered Identity Security Platform, which applies intelligent privilege controls to human, machine and AI identities across the identity lifecycle. News items frequently describe how CyberArk helps organizations reduce operational and security risks by enabling zero trust and least privilege with complete visibility.
Investors and security professionals following CYBR news will see regular updates on product and platform enhancements, research findings and analyst recognitions. Recent releases highlight CyberArk’s expansion of its Machine Identity Security portfolio with discovery and context capabilities, the introduction of the CyberArk Secure AI Agents Solution to protect AI agent identities, and new tools such as TLS certificate exposure and renewal impact calculators. These stories illustrate how the company is addressing challenges such as shrinking certificate lifespans, machine identity sprawl and emerging agentic AI risks.
CYBR news also covers financial performance and key metrics, including updates on Annual Recurring Revenue and the mix of subscription and maintenance revenue, as disclosed in earnings releases. In addition, there is significant coverage of strategic transactions, notably CyberArk’s Agreement and Plan of Merger with Palo Alto Networks, Inc., and subsequent shareholder approval of the merger proposal, as reported in SEC filings and joint press releases.
Other recurring themes in CyberArk news include participation in partner ecosystems, such as its inclusion in the Microsoft Security Store Partner Ecosystem, and recognition as a Leader in independent analyst evaluations like the Gartner Magic Quadrant for Privileged Access Management and other identity security assessments. Readers who monitor CYBR news can track how CyberArk is evolving its identity security platform, responding to shifts in AI and cloud adoption, and progressing toward its planned combination with Palo Alto Networks.
CyberArk (NASDAQ: CYBR) has announced its participation in the 16th Annual Needham Security, Networking, & Communications Conference. The virtual event will take place on Tuesday, November 15, 2022, at 9:30 a.m. EST. The presentation will be available via live webcast, with an archived version accessible later on their investor relations website. CyberArk is recognized as a global leader in Identity Security, providing comprehensive security solutions for various identity types.
CyberArk (NASDAQ: CYBR) reported robust financial results for Q3 2022, with Annual Recurring Revenue (ARR) reaching $512 million, up 49% year over year. The subscription portion of ARR stood at $301 million, reflecting a growth of 117%. Total revenue for the quarter was $152.7 million, growing 26%. Despite these gains, the company reported a GAAP net loss of $32.7 million or $(0.80) per share. CyberArk has raised its full-year ARR guidance to between $552 million and $558 million, indicating a continued strong demand for its Identity Security solutions.
CyberArk (NASDAQ: CYBR) will report its third quarter 2022 financial results before U.S. markets open on November 3, 2022. The company will host a conference call at 8:00 a.m. ET to discuss the results and business outlook. Investors can join the call by dialing +1 (888) 330-2455 (U.S.) or +1 (240) 789-2717 (international). A live webcast will also be available on CyberArk's website. Following the call, a replay will be accessible for one week. CyberArk is the leader in Identity Security, focused on privileged access management.
CyberArk has appointed Peretz Regev as chief product officer, bringing over 20 years of experience from roles at PayPal and HP Software. In this position, Regev will lead product management and innovation efforts focused on CyberArk's Identity Security vision. This strategic move aims to enhance competitive differentiation and customer value. Chen Bitan, the previous CPO, will continue as the general manager for CyberArk Israel and will manage strategic accounts in EMEA. The company emphasizes improving security through intelligent privilege controls.
CyberArk (NASDAQ: CYBR) announced its participation in two upcoming investor conferences. The first is the Citi 2022 Global Technology Conference in New York on September 7, 2022, at 12:15 p.m. EDT. The second is the Piper Sandler Growth Frontiers Conference in Nashville, Tennessee, on September 14, 2022, at 11:00 a.m. CDT. Both presentations will be webcast live, and an archive will be available on CyberArk's investor relations website. CyberArk is a leader in Identity Security, focusing on privileged access management.
CyberArk (NASDAQ: CYBR) announced new initiatives for its Channel Partner Program to enhance collaboration and efficiency. With over 1,800 security partners globally, CyberArk aims to tackle the growing cybersecurity challenges exacerbated by increased digital transformation investments.
79% of organizations prioritized business operations over cybersecurity in the past year, indicating a market opportunity for CyberArk. The program focuses on expanding routes to market, particularly through Managed Service Providers (MSPs), and enhancing partner training and resources.
CyberArk reported strong Q2 2022 results with Total ARR increasing by 48% to $465 million, led by a 133% growth in Subscription ARR to $255 million. Total revenue reached $142.3 million, up 21% year-over-year, exceeding guidance. However, the company experienced a GAAP operating loss of $(42 million) and a net loss per share of $(0.93). CyberArk raised its full-year ARR guidance to between $543 million and $549 million, projecting continued growth momentum.
FAQ
What is the current stock price of Cyberark Software (CYBR)?
What is the market cap of Cyberark Software (CYBR)?
