Reported about 7 hours ago
A recent bullish thesis on CyberArk Software Ltd. (CYBR) highlights its strong Q1 2025 performance, with a 43.3% revenue increase year-over-year, exceeding expectations. The company’s Annual Recurring Revenue (ARR) surged nearly 50%, driven by new customer acquisitions and expanded identity security solutions. Despite some cautious macroeconomic outlook, CyberArk raised its annual revenue guidance, anticipating continued growth in the areas of identity, cloud, and AI security, all while maintaining a robust cash position.
Source: YAHOO