CyberArk Jumps on Nasdaq Following Third Quarter Reports
The Information security company closed 5.74% up on Nasdaq on Wednesday after reporting record revenues for the quarter and raising its total revenue outlook for the full year
For daily updates, subscribe to our newsletter by clicking here.CyberArk provides digital security services to many of the world’s largest corporations, including accounting firms Deloitte and PwC, and car rental company Budget. The company has headquarters in central Israeli city Petah Tikva, U.S. headquarters in Newton, Massachusetts, and additional offices throughout the Americas, Europe, the Middle East, Africa, Asia Pacific, and Japan.
CyberArk forecasts its total revenue for the fourth quarter of will be in the range of $94.75 million to $96.25 million. The company raised its total revenue outlook for the full year to the range of $328.9 million to $330.4 million, from the $320.0 million to $324.0 million it forecasted last quarter.