4 Reasons to Buy CyberArk After Its Q4 Earnings Beat
CyberArk (NASDAQ: CYBR) recently posted its fourth-quarter earnings. The cybersecurity company's revenue rose 11% year over year to $144.5 million, while adjusted net income fell 14% to $32.6 million, or $0.82 per share.
Those headline numbers looked solid as they beat the analyst consensus, but CyberArk's guidance was mixed. Management expects flat to low single-digit revenue growth in the current quarter. Adjusted earnings should come in between a loss of $0.03 per share and a profit of $0.07. Both of those estimates fell short of analysts' expectations.
Image source: Getty Images.
Source Fool.com
