CyberArk Software Ltd. (CYBR) – Expanding market reach and gaining traction

CyberArk Software Ltd. (CYBR) (Q2FY23)

Stock Performance: CyberArk stock price showed a downward trend in the past 3-month period and gave -1% returns. The price increased by 9% in the past 1 year. It had a 52-week high of $174.93 and its 52-week low is $113.19.

Quarter Performance : In Q2FY23, CYBR’s revenue increased by 24% to $175.8mn from $142.3n in Q2FY22 and the COGS increased by 26% to $38.8mn from $30.7mn in the same period

Guidance: For Q3FY23, CyberArk expects total revenue to be in the range of $181.5mn to $186.5mn. Non-GAAP operating income to be in the range of $4mn to $8mn. Non-GAAP earnings per share are expected to be in the range of $0.19 to $0.27.

Highlights

CyberArk has achieved significant financial growth, with subscription ARR reaching $451mn, marking a 77% Y/Y increase. Their total ARR reached $653mn, showing a 40% growth rate. This underscores the company’s strong revenue generation and customer expansion.

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Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– Peer Valuation.
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10-Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 37

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