CyberArk Software (NASDAQ:CYBR) reported its Q1 earnings results on Thursday, May 12, 2022 at 07:05 AM.
Here's what investors need to know about the announcement.
Earnings
CyberArk Software beat estimated earnings by 3.23%, reporting an EPS of $-0.3 versus an estimate of $-0.31.
Revenue was up $14.80 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 0.42% drop in the share price the next day.
Here's a look at CyberArk Software's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.16 | -0.07 | 0.02 | 0.03 |
| EPS Actual | 0.28 | -0.06 | 0.01 | 0.09 |
| Revenue Estimate | 144.48M | 119.81M | 116.02M | 109.93M |
| Revenue Actual | 151.32M | 121.60M | 117.23M | 112.76M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
CyberArk Software management provided guidance for FY 2022, expecting earnings between $-0.92 and $-0.6 per share.
To track all earnings releases for CyberArk Software visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
