CyberArk Q4 Beats But EPS Outlook Lags; FireEye Sales Just Miss

By | February 11, 2016

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CyberArk Software ( CYBR ) busted Wall Street’s Q4 estimates late Thursday, with earnings that nearly doubled, but its 2016 earnings guidance lagged, while fellow security vendor FireEye ( FEYE ) came up just short on Q4 sales and missed with its Q1 bottom-line guidance. FireEye stock was down 3% in after-hours trading, following the earnings release, while CyberArk stock was down 2%. For Q4, CyberArk reported $51.5 million in sales and 39 cents earnings per share ex items, up 42% and 86%, respectively, vs. the year-earlier quarter. Both measures topped the consensus of 15 analysts polled by Thomson Reuters for $43.9 million and 20 cents, and the company’s earlier guidance for $43 million to $44 million and 18-20 cents. CyberArk wrapped the year with a record-smashing $160.8 million in sales and $1 EPS minus items vs. consensus expectations for $153.3 million and 81 cents. Sales grew 56% and EPS rose 89% vs. 2014. Three months ago, CyberArk guided to $152.3 million to $153.3 million and 80-82 cents. But current-quarter guidance for 15-16 cents EPS minus items lagged Wall Street expectations for 17 cents and would be flat to down 6% on a year-over-year basis. Sales views for $42.5 million to $43.5 million topped the consensus model for $41.6 million, up 30% at the midpoint of guidance. FireEye, meanwhile, reported Q4 sales of $184.8 million, up 29% from the year-earlier quarter but just shy of the $185.3 million analyst forecast. On Jan. 20, however, FireEye had preannounced Q4 results, saying it expected sales of $184 million to $185 million. It posted a Q4 per-share loss minus items of 36 cents, better than the 38-cent loss in Q4 2014 and beating the 37-cent loss analysts had forecast. For Q1, though, the company said it expected to lose 49 cents to 53 cents per share, ex items, where analysts had forecast just a 40-cent loss. Image provided by Shutterstock . Scalper1 News

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