CyberArk Software Ltd (CYBR) オプション

Cybersecurity Stock #5: CyberArk

CyberArk (CYBR) is the global leader in identity security. Centered on Intelligent Privilege Controls, the company offers the most comprehensive security solutions for any identity - human or machine - spanning business applications, distributed workforces, hybrid cloud environments, and the entire DevOps lifecycle. CYBR’s market cap currently stands at about $14 billion.

In 2024, shares of the cybersecurity firm have performed exceptionally well, delivering outstanding returns of 53.2%.


www.barchart.com
Jefferies named CyberArk as its top pick for 2025. The firm has a price target of $400 on the stock. Jefferies said, “CYBR remains well-positioned to sustain momentum in 2025 given an elevated threat environment.” Growth is anticipated to be fueled by new customer acquisitions, maintenance conversions, and Venafi cross-sells, especially in the second half of 2025. The analysts forecast ARR growth in the low- to mid-20% range for the year.

On Nov. 13, CyberArk posted upbeat Q3 results and raised its full-year guidance. CYBR posted a record total revenue of $240.1 million, up 25.6% year-over-year, driven by a 43% increase in subscription revenue, beating the consensus estimate by $6.01 million. Its total ARR grew 31% year-over-year to $926 million. It’s important to note that subscription ARR is making up an increasingly larger percentage of total ARR each quarter. It rose 46% year-over-year to $735 million in Q3 and now constitutes 79% of total ARR, up from 78% last quarter. This should further bolster its top-line growth.

Meanwhile, CyberArk improved its adjusted gross margin by 210 basis points year-over-year to 80.3%, fueled by profitability in its subscription business. The company is achieving significant operating leverage as it shifts more of its revenue from one-time licensing sales to recurring subscription revenue. As a result, Non-GAAP operating income margin reached 15%, up from 9% in the same period last year. Its adjusted EPS came in at $0.94, beating expectations by $0.48.

On Oct. 1, CYBR closed the acquisition of Venafi, a machine identity security software company with approximately $150 million in recurring revenue, for $1.5 billion. This move broadens the firm’s presence in machine identity management at a time when an increasing number of enterprises are using AI models and agents to optimize operations. Management plans to focus on cross-selling the newly acquired Venafi features to its base of 8,500 existing customers.

Looking ahead, CyberArk raised its full-year guidance, expecting sales to range between $983 million and $989 million, up from the previously forecast range of $932 million to $942 million. Non-GAAP net income per share is also projected to be between $2.85 and $2.96, compared to the earlier range of $2.17 to $2.36.

According to Wall Street estimates, CyberArk’s Non-GAAP EPS is expected to skyrocket 163.31% year-over-year to $2.95 in FY24, while revenue is projected to grow 31.34% year-over-year to $987.52 million.

In terms of valuation, CyberArk’s forward price-sales ratio is 14.16x, above the sector median of 3.25x and its five-year average of 10.54x. However, I don’t believe that the stock is overvalued; instead, this premium likely reflects market confidence and the expected benefits from the Venafi acquisition.

Analysts have a consensus rating of “Strong Buy” on CyberArk stock. Among the 29 analysts covering the stock, the majority rate it as a “Strong Buy,” one as a “Moderate Buy,” and one advises holding. The average price target for CYBR stock is $352.89, indicating an upside potential of 10% from the Dec. 27 closing price.


www.barchart.com

CYBR new 52 week high

CYBR new 52 week high

CYBR new 52 week high

With ransomware increasingly in the news, Cybersecurity stocks have been doing very well.

Sorry. posted to wrong board.

Buy buy buy right now

Bearish Divergences into earnings tomorrow.

If you are lucky enough to have been long CYBR in 2019 you have made a 70% gain so far, that should ring the alarm bells alone. The price has been on a upward trajectory while the RSI has been on a downward trajectory got eh last 2 months. FOMO money was late to enter, but will be very early to exit this name on any pullback and weakness in earnings . We will be looking to short it from a pure technical perspective.

Out CYBR @ $49.98. Will buy back, but was longer than intended with a couple of additional buys. Can't believe that this (or HACK or CIBR) isn't good long term.

CYBR

Ransomware infections reported worldwide

By Chris Baraniuk
Technology reporter

Infections have been reported at organisations around the world
A massive ransomware campaign appears to have infected a number of organisations around the world.
Screenshots of a well known program that locks computers and demands a payment in Bitcoin have been shared online by parties claiming to be affected.
There have been reports of infections in the UK, US, China, Russia, Spain, Italy, Vietnam, Taiwan and others.
Security researchers are linking the incidents together.
One cyber-security researcher tweeted that he had detected 36,000 instances of the ransomware, called WannaCry and variants of that name.
"This is huge," he said.
The UK's National Health Service (NHS) was also hit by a ransomware outbreak and screenshots of the WannaCry program were shared by NHS staff.
A number of Spanish firms were among the apparent victims elsewhere in Europe.
Telecoms giant Telefonica said in a statement that it was aware of a "cybersecurity incident" but that clients and services had not been affected.
Power firm Iberdrola and utility provider Gas Natural were also reported to have suffered from the outbreak.
There were reports that staff at the firms were told to turn off their computers.
Screenshots of WannaCry with text in Spanish were also shared online.

Media captionWhat is ransomware?
In Italy, one user shared images appearing to show a university computer lab with machines locked by the same program.
Bitcoin wallets seemingly associated with the ransomware were reported to have already started filling up with cash.
"This is a major cyber attack, impacting organisations across Europe at a scale I've never seen before," said security architect Kevin Beaumont.
According to security firm Check Point, the version of the ransomware that appeared today is a new variant.
"Even so, it's spreading fast," said Aatish Pattni, head of threat prevention for northern Europe.
Several experts monitoring the situation have linked the infections to vulnerabilities released by a group known as The Shadow Brokers, which recently claimed to have dumped hacking tools stolen from the NSA.
A patch for the vulnerability was released by Microsoft in March, but many systems may not have had the update installed.
Some security researchers have pointed out that the infections seem to be deployed via a worm - a program that spreads by itself between computers.
___________________________________________________
http://www.bbc.com/news/technology-39901382

CYBR

NHS cyberattack: hospitals and GPs across the UK hit by hack
An NHS hack has shut down IT systems and people are told not to go to A&E unless life-threatening emergency


By VICTORIA WOOLLASTON
Friday 12 May 2017

Reports are coming in of an NHS cyberattack hitting hospitals across the UK.

The NHS hack is said to be “creeping” across the country with NHS staff and health journalists tweeting images of the ransomware. So far, hospitals in the north, south west of England and the south are said to have been hit following a supposed hack on Friday afternoon. Further reports said GPs were also being targeted.

East and North Hertfordshire NHS confirmed it has experienced a “major IT problem, believed to be caused by a cyberattack”. In a statement, NHS Digital confirmed a number of NHS organisations had been affected by a ransomware attack. “The investigation is at an early stage but we believe the malware variant is Wanna Decryptor,” a spokesperson said.
_______________________________________________________-

https://www.wired.co.uk/article/nhs-cyberattack-ransomware-security

CYBR

In CYBR @ $48.75 on fall this morning. Not long at this point, but great sector to be in and highly rated:

Consensus Ratings for Cyberark Software Ltd (NASDAQ:CYBR)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 16 Buy Ratings
Consensus Rating: Buy (Score: 2.71)
Consensus Price Target: $58.50 (6.07% upside)

https://www.marketbeat.com/stocks/NASDAQ/CYBR/

CYBR

In for 1,200 shares at 53.20 average. Keep watching
$CYBR

CORRECTING and REPLACING CyberArk Announces Record Fourth Quarter and Full Year 2015 Results

Source: Business Wire
Fourth quarter total revenue of $51 million increases 42% year-over-year

Full year total revenue of $161 million increases 56% year-over-year

In Business Outlook section under Full Year 2016, the second bullet should read: "Non-GAAP operating income is expected to be in the range of $39.7 million to $41.3 million." (instead of: Non-GAAP operating income is expected to be in the range of $49.7 million to $41.3 million).

The corrected release reads:

CYBERARK ANNOUNCES RECORD FOURTH QUARTER AND FULL YEAR 2015 RESULTS

Fourth quarter total revenue of $51 million increases 42% year-over-year

Full year total revenue of $161 million increases 56% year-over-year

CyberArk, (NASDAQ: CYBR), the company that protects organizations from cyber attacks that have made their way inside the network perimeter, today announced financial results for the fourth quarter and year ended December 31, 2015.

“2015 was another record year for CyberArk,” said Udi Mokady, CyberArk CEO. “We executed on our strategy to expand our sales and marketing reach, enhance our product offering, and strengthen our position as the recognized leader in Privileged Account Security. Our investments delivered record results across all financial and operational metrics. As we enter 2016, we believe that the momentum in our business positions us to capitalize on the rapidly growing, greenfield opportunity for this must-have new layer of enterprise security and to continue to deliver strong growth and solid profitability.”

Financial Highlights for the Fourth Quarter Ended December 31, 2015

Revenue:

Total revenue reached $51.5 million, up 42% compared with the fourth quarter of 2014.
License revenue was $33.0 million, up 35% compared with the fourth quarter of 2014.
Maintenance and Professional Services revenue was $18.4 million, up 55% compared with the fourth quarter of 2014.
Operating Income:

GAAP operating income was $10.9 million, an increase from $9.5 million in the fourth quarter of 2014. Non-GAAP operating income was $15.2 million, an increase from $10.1 million in the fourth quarter of 2014.
Net Income:

GAAP net income was $9.9 million, or $0.28 per diluted share, compared to GAAP net income of $6.7 million, or $0.19 per diluted share, in the fourth quarter of 2014. Non-GAAP net income was $13.8 million, or $0.39 per diluted share, compared to $7.2 million, or $0.21 per diluted share, in the fourth quarter of 2014.
Financial Highlights for the Full Year Ended December 31, 2015

Revenue:

Total revenue was $160.8 million, up 56% compared with 2014.
License revenue was $100.1 million, up 63% compared with 2014.
Maintenance and Professional Services revenue was $60.7 million, up 46% compared with 2014.
Operating Income:

GAAP operating income was $33.2 million, an increase from $20.5 million in 2014. Non-GAAP operating income was $43.6 million, an increase compared to $22.0 million in 2014.
Net Income:

GAAP net income was $25.8 million, or $0.73 per diluted share, an increase compared to GAAP net income of $10.0 million, or $0.34 per diluted share, in 2014. Non-GAAP net income was $35.3 million, or $1.00 per diluted share, an increase compared to $15.8 million, or $0.53 per diluted share, in 2014.
The tables at the end of this press release include a reconciliation of GAAP to non-GAAP operating income and net income for the three and twelve months ended December 31, 2015 and 2014. An explanation of these measures is also included below under the heading “Non-GAAP Financial measures.”

Balance Sheet and Cash Flow From Operations:

As of December 31, 2015, CyberArk had $238.3 million in cash and cash equivalents and short-term deposits. This compares with $249.7 million in cash and cash equivalents and short-term deposits as of September 30, 2015 and $177.2 million as of December 31, 2014.
During 2015, the Company generated $59.2 million in cash flow from operations, an increase compared to $23.2 million during in 2014.
Business Outlook

Based on information available as of February 11, 2016, CyberArk is issuing guidance for the first quarter and full year 2016 as indicated below.

First Quarter 2016:

Total revenue is expected to be in the range of $42.5 million to $43.5 million which represents 29% to 32% year-over-year growth.
Non-GAAP operating income is expected to be in the range of $6.9 million to $7.7 million.
Non-GAAP net income per share is expected to be in the range of $0.15 to $0.16. This assumes 35.9 million weighted average diluted shares.
Full Year 2016:

Total revenue is expected to be in the range of $205 million to $207 million which represents 27% to 29% year-over-year growth.
Non-GAAP operating income is expected to be in the range of $39.7 million to $41.3 million.
Non-GAAP net income per share is expected to be in the range of $0.83 to $0.86. This assumes 36.3 million weighted average diluted shares.
Conference Call Information

CyberArk will host a conference call today, at 4:30 p.m. Eastern Time (ET) to discuss the company’s fourth quarter and year end financial results and its business outlook. To access this call, dial +1 844-237-3590 (U.S.) or +1 484-747-6582 (international). The conference ID is 22614775. Additionally, a live webcast of the conference call will be available via the “Investor Relations” section of the company’s web site at www.cyberark.com. Following the conference call, a replay will be available for one week at +1 855-859-2056 (U.S.) or +1 404-537-3406 (international). The replay pass code is 22614775. An archived webcast of the conference call will also be available in the “Investor Relations” section of the company’s web site at www.cyberark.com.

About CyberArk

CyberArk (NASDAQ: CYBR) is the only security company focused on eliminating the most advanced cyber threats; those that use insider privileges to attack the heart of the enterprise. Dedicated to stopping attacks before they stop business, CyberArk proactively secures against cyber threats before attacks can escalate and do irreparable damage. The company is trusted by the world’s leading companies – including 40 percent of the Fortune 100 and 17 of the world’s top 20 banks – to protect their highest value information assets, infrastructure and applications. A global company, CyberArk is headquartered in Petach Tikvah, Israel, with U.S. headquarters located in Newton, MA. The company also has offices throughout EMEA and Asia-Pacific. To learn more about CyberArk, visit www.cyberark.com.

Copyright © 2016 CyberArk Software. All Rights Reserved. All other brand names, product names, or trademarks belong to their respective holders.

Non-GAAP Financial Measures

CyberArk believes that the use of non-GAAP operating income and non-GAAP net income is helpful to our investors. These financial measures are not measures of the Company’s financial performance under U.S. GAAP and should not be considered as alternatives to operating income or net income or any other performance measures derived in accordance with GAAP.

For the three months and year ended December 31, 2015, non-GAAP operating income is calculated as operating income excluding secondary offering related expenses, share-based compensation expense, amortization of intangible assets related to acquisitions, and acquisition related expenses. For the three months and year ended December 31, 2014, non-GAAP operating income is calculated as operating income excluding share-based compensation expense.
For the three months and year ended December 31, 2015, non-GAAP net income is calculated as net income excluding secondary offering related expenses, share-based compensation expense, amortization of intangible assets related to acquisitions, acquisition related expenses, and the tax effects related to the non-GAAP adjustments and for the three months and year ended December 31, 2014, non-GAAP net income is calculated as net income excluding share-based compensation expense and financial expenses resulting from the revaluation of warrants to purchase preferred shares.
Because of varying available valuation methodologies, subjective assumptions and the variety of equity instruments that can impact a company’s non-cash expense, the Company believes that providing non-GAAP financial measures that exclude share-based compensation, secondary offering related expenses, acquisition related expenses, and amortization of intangible assets related to acquisitions allows for more meaningful comparisons of its period to period operating results. Share-based compensation expense has been, and will continue to be for the foreseeable future, a significant recurring expense in the Company’s business and an important part of the compensation provided to its employees. In addition, the Company believes that excluding financial expenses with respect to revaluation of warrants to purchase preferred shares allows for more meaningful comparison between its net income from period to period, especially since upon the closing of the IPO, the warrants were exercised for ordinary shares, and as a result, are no longer evaluated at each balance sheet date. The Company believes that expenses related to its secondary offerings and acquisitions as well as amortization of intangible assets related to acquisitions do not reflect the performance of its core business and would impact period-to-period comparability.

Non-GAAP financial measures may not provide information that is directly comparable to that provided by other companies in the Company’s industry, as other companies in the industry may calculate non-GAAP financial results differently, particularly related to non-recurring, unusual items. In addition, there are limitations in using non-GAAP financial measures as they exclude expenses that may have a material impact on the Company’s reported financial results. The presentation of non-GAAP financial information is not meant to be considered in isolation or as a substitute for the directly comparable financial measures prepared in accordance with U.S. GAAP. CyberArk urges investors to review the reconciliation of its non-GAAP financial measures to the comparable U.S. GAAP financial measures included below, and not to rely on any single financial measures to evaluate its business.

Cautionary Language Concerning Forward-Looking Statements

This release may contain forward-looking statements, which express the current beliefs and expectations of CyberArk’s management. Such statements involve a number of known and unknown risks and uncertainties that could cause the Company’s future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: changes in the new and rapidly evolving cyber threat landscape; failure to effectively manage growth; fluctuations in quarterly results of operations; real or perceived shortcomings, defects or vulnerabilities in the Company’s solution or the failure of the solution to meet customers’ needs; the inability to acquire new customers or sell additional products and services to existing customers; competition from IT security vendors; our ability to successfully integrate Viewfinity, including by selling products to each other’s existing customers; and other factors discussed under the heading “Risk Factors” in the Company’s most recent annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.


CYBERARK SOFTWARE LTD.
Consolidated Statements of Operations
U.S. dollars in thousands (except per share data)
(Unaudited)

Three Months Ended Twelve Months Ended
December 31, December 31,
2014 2015 2014 2015

Revenues:
License $ 24,451 $ 33,037 $ 61,320 $ 100,113
Maintenance and professional services 11,854 18,429 41,679 60,699

Total revenues 36,305 51,466 102,999 160,812

Cost of revenues:
License 831 1,571 2,654 5,088
Maintenance and professional services 3,681 5,227 12,053 17,572

Total cost of revenues 4,512 6,798 14,707 22,660

Gross profit 31,793 44,668 88,292 138,152

Operating expenses:
Research and development 4,163 7,705 14,400 21,734
Sales and marketing 14,788 20,580 44,943 66,206
General and administrative 3,336 5,483 8,495 16,990

Total operating expenses 22,287 33,768 67,838 104,930

Operating income 9,506 10,900 20,454 33,222

Financial expenses, net (555 ) (233 ) (5,988 ) (1,479 )

Income before taxes on income 8,951 10,667 14,466 31,743

Taxes on income (2,291 ) (734 ) (4,512 ) (5,949 )

Net income $ 6,660 $ 9,933 $ 9,954 $ 25,794


Basic net income per ordinary share $ 0.22 $ 0.30 $ 0.46 $ 0.80
Diluted net income per ordinary share $ 0.19 $ 0.28 $ 0.34 $ 0.73

Shares used in computing net income
per ordinary shares, basic
30,466,847 33,243,103 13,335,059 32,124,772
Shares used in computing net income
per ordinary shares, diluted
34,673,940 35,727,077 29,704,730 35,322,716




Share-based Compensation Expense:

Three Months Ended Twelve Months Ended
December 31, December 31,
2014 2015 2014 2015


Cost of revenues $ 69 $ 213 $ 137 $ 499
Research and development 73 972 172 1,507
Sales and marketing 197 1,185 347 2,214
General and administrative 208 966 917 2,829

Total share-based compensation expense $ 547 $ 3,336 $ 1,573 $ 7,049

CYBERARK SOFTWARE LTD.
Consolidated Balance Sheets
U.S. dollars in thousands
(Unaudited)
December 31, December 31,
2014 2015


ASSETS

CURRENT ASSETS:
Cash and cash equivalents $ 124,184 $ 234,539
Short-term bank deposits 52,997 3,713
Trade receivables 19,263 20,410
Prepaid expenses and other current assets 2,078 3,293

Total current assets 198,522 261,955

LONG-TERM ASSETS:
Property and equipment, net 2,148 3,584
Intangible assets, net - 18,558
Goodwill - 35,145
Severance pay fund 3,060 3,230
Prepaid expenses and other long-term assets 1,021 1,954
Long-term deferred tax asset 5,801 9,998

Total long-term assets 12,030 72,469

TOTAL ASSETS $ 210,552 $ 334,424

LIABILITIES AND SHAREHOLDERS' EQUITY

CURRENT LIABILITIES:
Trade payables $ 1,835 $ 2,530
Employees and payroll accruals 10,322 15,860
Deferred revenues 22,594 37,104
Accrued expenses and other current liabilities 6,942 9,366

Total current liabilities 41,693 64,860

LONG-TERM LIABILITIES:
Deferred revenues 9,566 17,285
Other long-term liabilities 184 188
Accrued severance pay 4,101 4,667
Long-term deferred tax liabilities - 754

Total long-term liabilities 13,851 22,894

TOTAL LIABILITIES 55,544 87,754

SHAREHOLDERS' EQUITY:
Ordinary shares of NIS 0.01 par value 79 86
Additional paid-in capital 134,486 200,107
Accumulated other comprehensive loss (333 ) (93 )
Retained earnings 20,776 46,570

Total shareholders' equity 155,008 246,670

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 210,552 $ 334,424

CYBERARK SOFTWARE LTD.
Consolidated Statements of Cash Flows
U.S. dollars in thousands
(Unaudited)

Twelve Months Ended
December 31,
2014 2015

Cash flows from operating activities:
Net income $ 9,954 $ 25,794
Adjustments to reconcile net income to net cash
provided by operating activities:

Depreciation and Amortization 746 2,254
Share based compensation expenses 1,573 7,049
Tax benefit related to exercise of share options (645 ) (3,808 )
Deferred income taxes, net 45 (4,093 )
increase in trade receivables (6,535 ) (187 )
increase in prepaid expenses and other
current and long-term assets (159 ) (1,183 )
Increase (decrease) in trade payables (145 ) 322
Changes in fair value of warrants to purchase preferred
shares 4,309 -
Increase in short term and long term deferred revenues 7,682 21,254
Increase in employees and payroll accruals 3,501 5,011
Increase in accrued expenses and other
current and long-term liabilities 2,827 6,353
Increase in accrued severance pay, net 42 394

Net cash provided by operating activities 23,195 59,160

Cash flows from investing activities:
Proceeds from short and long term deposits 2,533 49,329
Investment in short and long term deposits (52,570 ) (619 )
Purchase of property and equipment (1,408 ) (2,066 )
Payments for business acquisitions, net of cash acquired - (53,656 )

Net cash used in investing activities (51,445 ) (7,012 )

Cash flows from financing activities:
Issuance of shares, net 88,468 52,575
Tax benefit related to exercise of share options 645 3,808
Proceeds from exercise of options and warrants 942 1,824

Net cash provided by financing activities 90,055 58,207

Increase in cash and cash equivalents 61,805 110,355

Cash and cash equivalents at the beginning of the period 62,379


124,184

Cash and cash equivalents at the end of the period $ 124,184 $ 234,539

CYBERARK SOFTWARE LTD.
Reconciliation of GAAP Measures to Non-GAAP Measures
U.S. dollars in thousands (except per share data)
(Unaudited)


Reconciliation of Operating Income to Non-GAAP Operating Income:

Three Months Ended Twelve Months Ended
December 31, December 31,
2014 2015 2014 2015


Operating income $ 9,506 $ 10,900 $ 20,454 $ 33,222
Secondary offering related expenses - - - 1,568
Share-based compensation 547 3,336 1,573 7,049
Amortization of intangible assets - Cost of revenues - 340 - 359
Amortization of intangible assets - Research and development - 478 - 749
Amortization of intangible assets - Sales and marketing
-

17
-

17
Acquisition related expenses - 160 - 677

Non-GAAP operating income $ 10,053 $ 15,231 $ 22,027 $ 43,641


Reconciliation of Net Income to Non-GAAP Net Income:

Three Months Ended Twelve Months Ended
December 31, December 31,
2014 2015 2014 2015


Net income $ 6,660 $ 9,933 $ 9,954 $ 25,794
Secondary offering related expenses - - - 1,568
Share-based compensation 547 3,336 1,573 7,049
Warrant adjustment - - 4,309 -
Amortization of intangible assets - Cost of revenues - 340 - 359
Amortization of intangible assets - Research and development
-

478 - 749
Amortization of intangible assets - Sales and marketing
-

17
-

17
Acquisition related expenses - 160 - 677
Taxes on income related to non-GAAP adjustments - (455 ) - (951 )

Non-GAAP net income $ 7,207 $ 13,809 $ 15,836 $ 35,262

Non-GAAP net income per share
Basic $ 0.24 $ 0.42 $ 0.90 $ 1.10
Diluted $ 0.21 $ 0.39 $ 0.53 $ 1.00

Weighted average number of shares
Basic 30,466,847 33,243,103 13,335,059 32,124,772
Diluted 34,673,940 35,727,077 29,704,730 35,322,716


View source version on businesswire.com: http://www.businesswire.com/news/home/20160211006402/en/

Investor Contact:
CyberArk
Erica Smith, 617-558-2132
ir@cyberark.com
or
Media Contact:
CyberArk
Christy Lynch, 617-796-3210
press@cyberark.com

Holy cow! How did I not see this!!??

http://news.investors.com/011316-789640-cyberark-spikes-on-rumored-check-point-talk.htm?ven=yahoocp&src=aurlled&ven=yahoo

FWIW I bought some Friday @ 38.45 per the advice of a guy I subscribe to

$CYBR looking weak these past few weeks. Looking like some fresh meat as far as placing some puts when it bleeds out.

Called it

Could be a very good trade for a market rebound in the near future.

Oppenheimer outperform Rating reiterated.

JPMorgan PT downgrade to $48

CyberArk Announces Strong Second Quarter 2015 Results

Source: Business Wire
Second quarter total revenue of $36.4 million increases 70% year-over-year

Second quarter license revenue of $22.3 million increases 100% year-over-year

CyberArk, (NASDAQ: CYBR), the company that protects organizations from cyber attacks that have made their way inside the network perimeter, today announced financial results for the second quarter ended June 30, 2015.

“CyberArk had a strong second quarter and delivered results that again exceeded our guidance across all financial metrics,” said Udi Mokady, CyberArk CEO. “Our business continues to be driven by the shift from tactical, compliance-driven projects to strategic approaches to implementing enterprise-wide privileged account security as privileged accounts remain at the epicenter of cyber attacks. This shift is enabling us to capitalize on expanding cyber security budgets, participate in larger opportunities, and position ourselves as a strategic, trusted partner.”

Financial Highlights for the Second Quarter Ended June 30, 2015

Revenue:

Total revenue was $36.4 million, up 70% year-over-year compared with the second quarter of 2014.
License revenue was $22.3 million, up 100% compared with the second quarter of 2014.
Maintenance and Professional Services revenue was $14.1 million, up 38% from the second quarter of 2014.
Operating Income:

GAAP operating income was $6.5 million for the quarter, up from $3.1 million in the second quarter of 2014.
Non-GAAP operating income was $8.2 million for the quarter, up from $3.3 million in the second quarter of 2014.
Net Income:

GAAP net income was $4.9 million, up from $1.2 million in the second quarter of 2014.
GAAP net income per share was $0.14, compared to a GAAP net loss per share of $(0.01) in the second quarter of 2014, based on 35.0 and 7.1 million weighted average diluted shares, respectively.
Non-GAAP net income was $6.6 million, up from $2.4 million in the second quarter of 2014.
Non-GAAP net income per share was $0.19, compared to non-GAAP net income per share of $0.09 in the second quarter of 2014, based on 35.0 and 27.4 million weighted average diluted shares, respectively.
The tables at the end of this press release include a reconciliation of GAAP to non-GAAP operating income and net income for the three months and six months ended June 30, 2015 and 2014. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures.”

Balance Sheet and Cash Flow:

As of June 30, 2015, CyberArk had $283.8 million in cash and cash equivalents and short-term deposits inclusive of $52.7 million raised in the Company’s public offering that closed on June 16, 2015. This compares with $191.7 million in cash and cash equivalents and short-term deposits as of March 31, 2015 and $177.2 million as of December 31, 2014.
During the first six months of 2015, the Company generated $36.3 million in cash flow from operations, an increase compared to $12.7 million in the first six months of 2014.
Announces acquisition of Cybertinel Ltd.

CyberArk today announced that it has acquired Cybertinel Ltd. an approximately 20 person Israel-based cyber security company. Cybertinel Ltd. specializes in cyber threat detection technology that will enhance CyberArk’s ability to detect credential threats at the beginning stages of the attack cycle. The terms of the acquisition were not disclosed. The acquisition is not expected to have a material impact on the Company’s third quarter and full year 2015 financial results.

Business Outlook

Based on information available as of August 11, 2015, CyberArk is issuing guidance for the third quarter and full year 2015 as indicated below.

Third Quarter 2015:

Total revenue is expected to be in the range of $36.0 million to $37.0 million which represents 29% to 32% year-over-year growth.
Non-GAAP operating income is expected to be in the range of $5.0 million to $5.9 million.
Non-GAAP net income per share is expected to be in the range of $0.11 to $0.13. This assumes 35.5 million weighted average diluted shares.
Full Year 2015:

Total revenue is expected to be in the range of $145.0 million to $147.0 million which represents 41% to 43% year-over-year growth.
Non-GAAP operating income is expected to be in the range of $28.8 million to $30.5 million.
Non-GAAP net income per share is expected to be in the range of $0.62 to $0.65. This assumes 35.4 million weighted average diluted shares.
Conference Call Information

CyberArk will host a conference call on Tuesday, August 11, 2015 at 5:00 p.m. Eastern Time (ET) to discuss the company’s second quarter financial results and business outlook. To access this call, dial 888-329-8893 (domestic) or 719-325-2469 (international). The conference ID is 7135521. Additionally, a live webcast of the conference call will be available in the “Investor Relations” section of the Company’s web site at www.cyberark.com. Following the conference call, a replay will be available for one week at 877-870-5176 (U.S.) or 858-384-5517 (international). The replay pass code is 7135521. An archived webcast of this conference call will also be available in the “Investor Relations” section of the Company’s web site at www.cyberark.com.

6 points off the low...wow

$CYBR recent news/filings

bullish

## source: finance.yahoo.com

Mon, 08 Jun 2015 17:18:05 GMT ~ New Data Breach Puts 3 Cyber Security Stocks in Focus - Analyst Blog


read full: http://finance.yahoo.com/news/data-breach-puts-3-cyber-171805207.html
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Mon, 08 Jun 2015 13:22:00 GMT ~ Cramer's Mad Dash: 3 'cheap' cybersecurity plays


read full: http://finance.yahoo.com/video/cramers-mad-dash-3-cheap-132200780.html
*********************************************************

Sun, 07 Jun 2015 23:26:09 GMT ~ WEEKEND VIDEO: 10 Growth Stocks in 10 Minutes


read full: http://finance.yahoo.com/tumblr/blog-weekend-video-10-growth-stocks-in-10-minutes-232629075.html
*********************************************************

Fri, 05 Jun 2015 23:40:00 GMT ~ Top Cybersecurity Stocks Jump On Gov't Breach


read full: http://finance.yahoo.com/video/top-cybersecurity-stocks-jump-govt-234000550.html
*********************************************************

Fri, 05 Jun 2015 23:40:00 GMT ~ IBD Market Wrap - 06/05/15


read full: http://finance.yahoo.com/video/ibd-market-wrap-06-05-234000073.html
*********************************************************

$CYBR charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$CYBR company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/CYBR/company-info
Ticker: $CYBR
OTC Market Place: Not Available
CIK code: not found
Company name: CyberArk Software Ltd.
Incorporated In:

$CYBR share structure

## source: otcmarkets.com

Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: Not Available

$CYBR extra dd links

Company name: CyberArk Software Ltd.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=CYBR+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=CYBR+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=CYBR+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/CYBR/news - http://finance.yahoo.com/q/h?s=CYBR+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/CYBR/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/CYBR/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=CYBR+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/CYBR
DTCC (dtcc.com): http://search2.dtcc.com/?q=CyberArk+Software+Ltd.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=CyberArk+Software+Ltd.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=CyberArk+Software+Ltd.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/CYBR
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/CYBR/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/CYBR/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=CYBR&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=CYBR
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/CYBR/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=CYBR+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=CYBR+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=CYBR
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=CYBR
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=CYBR+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/CYBR/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=CYBR+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/CYBR.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=CYBR
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/CYBR/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/CYBR/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/CYBR
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/CYBR
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/CYBR:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=CYBR
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=CYBR



$CYBR DD Notes ~ http://www.ddnotesmaker.com/CYBR

52 week high coming

Exhibit a why trying to time the market is not advisable - who can predict these types of cyber events - long term the stock is a good bet all else is anyone's guess.

Why not try and enjoy it? eom

This event is 15 mins from my house! I would love to go and listen and trade accordingly...

CyberArk to Discuss the Privileged Account Connection in Advanced Attacks at Gartner Security & Risk Management Summit 2015

Source: Business Wire
CyberArk (NASDAQ: CYBR), the company that protects organizations from cyber attacks that have made their way inside the network perimeter, today announced details of its participation at the Gartner Security & Risk Management Summit 2015 taking place June 8-11. The CyberArk session, “The Most Traveled Attack Route: Securing the Privileged Pathway,” will explain the role of privileged accounts in advanced attacks and how businesses can mitigate risk by properly securing and managing these powerful credentials.

Who:

Adam Bosnian, executive vice president of global business development, CyberArk

What:

“The Most Traveled Attack Route: Securing the Privileged Pathway” - Privileged accounts have been at the center of recent high-profile cyber attacks. This session will explain how attackers who successfully exploit these accounts are able to gain a privileged foothold, allowing them unfettered access to elevate privileges and move about the network freely without detection. With a solid understanding of this well-used method of attack, attendees will learn how to properly secure and manage these powerful credentials to prevent advanced attacks from escalating.


When:

The session will take place on Monday, June 8, 2015 at 11:00 a.m.

Where:

Gaylord National Resort & Convention Center
201 Waterfront Street
National Harbor, MD 20745
In addition, at booth #845 CyberArk will demonstrate its Privileged Account Security Solution.

To view a video introduction to CyberArk Privileged Account Security Solution, please visit: .

To download the report, “Privileged Account Exploits Shift the Front Lines of Cyber Security,” visit www.cyberark.com/threat-report.

Trying to time the market can be hazardous to your wealth. It's like trying to predict when a slot machine will pay.

Same here. I'm out till then. eom

I'll be buying back after the offering is announced, and subsequent test of that price.

CyberArk Software Ltd. Files Registration Statement for Proposed Follow-On Offering

Source: Business Wire
CyberArk Software Ltd. (NASDAQ: CYBR), the company that protects organizations from cyber attacks that have made their way inside the network perimeter, today announced that it has filed a registration statement on Form F-1 with the Securities and Exchange Commission for a proposed public offering of its ordinary shares. A majority of the shares are expected to be sold by shareholders of the company and approximately $50 million of the shares are expected to be sold by CyberArk. The underwriters will have a 30-day option from the date of the offering to purchase additional ordinary shares from the selling shareholders. CyberArk will not receive any proceeds from the sale of the shares by selling shareholders. The number of shares to be sold and the allocation of the shares between CyberArk and existing shareholders have not yet been determined.

Yes, I saw that. Mahalo for the post! eom

Story on Fox Business News that Russians are planning major hack on US banks.

I half expected this today. CYBR has to contend with other market issues that are detracting from our great news. The ship will right itself next week hopefully. CYBR should keep heading north. Aloha.

Serious epd dump. Hope she gaps Monday sheesh. Have a good weekend.

We were at 10% earlier when we hit $68. I've played the past 2 reports and the stock always ran for the entire week after earnings. Big Cramer pump helps also.

Agree. However, I was hoping for a really big day here. We're merely back to where it was a week or so ago. I wanted 10% or more today.

Long since $49. Holding so long as these upgrades keep coming in. Gonna be $100 like PANW

Hopefully all of you day trading trying to pick a top/bottom are in today.

Nice action day here. Very nice! Aloha. eom

Upgraded to Buy at Bofa Merrill Lynch. PT increased to $70 from $60.

I hope you bought Trend. Even today it saw $62.

Might see $80 next week off of the strength of Cramer. I'll take it. Looking for more upgrades at the moment.

PANW, CYBR, FEYE all given buy by Cramer just now.

Cramer bump...

$70 by Monday. That's where I will take off half from $49's.

CyberArk Software (CYBR) PT Lifted at Oppenheimer After 'Crushing' the Street in Q1

May 8, 2015 7:22 AM
Oppenheimer analyst Shaul Eyal reiterated an Outperform rating and boosted its price target on CyberArk Software (NASDAQ: CYBR) to $70.00 (from $65.00) after "crushing" estimates in Q1. Eyal said the company is "kicking on all cylinders."

CYBR reported strong 1Q15 revenue/EPS metrics handily crushing consensus' estimate ($32.9M vs. $26.8M estimate, up 89% YoY) with a notable increase in license revenue of $20M (up 119% YoY). At the highest range of CYBR's elevated FY15 guidance, revenue should grow 34% YoY and we attribute this strong performance and outlook to: 1) Accelerating greenfield opportunities; 2) Customers' attraction to CYBR's suite rather than point solution approach; 3) Laser-focused execution; 4) Limited competition. We are raising our FY15 & FY16 estimates and our PT is raised to $70. Identity Access Management (IAM) is no longer the stepchild of the broader security arena and CYBR is currently the sole play in this quickly evolving market.

For FY15, the firm estimates are raised to $137.4M/$0.41 from $128.9M/$0.26. For FY16, estimates are raised to $169.0M/$0.58 from $158.9M/$0.37.


Shares of CyberArk Software closed at $61.47 yesterday.