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Recap: CyberArk Software Q1 Earnings

By Benzinga Insights

 

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.

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