CyberArk Soars On ‘Blowout’ Earnings, Strong Q1 View

By | February 13, 2015

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CyberArk Software (CYBR) received a price target increase and shares soared Friday after the cybersecurity vendor late Thursday stomped earnings views for the fourth quarter and forecast strong earnings for the current quarter. “Who saw that coming?” Summit Research Partners analyst Srini Nandury posed in a research report Friday, noting that the “blowout quarter” is likely to be followed by continued strong revenue. CyberArk focuses on protecting Scalper1 News

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