CyberArk Announces Strong First Quarter 2018 Results

CyberArk

CyberArk, (NASDAQ: CYBR), the global leader in privileged access security, today announced financial results for the first quarter ended March 31, 2018.

“We were pleased to start 2018 with a very strong quarter, exceeding our guidance across revenue, operating income and EPS,” said Udi Mokady, CyberArk Chairman and CEO. “We continue to see robust demand for our solution across geographies and vertical markets. Our strong results were driven by both new and existing customers who are protecting credentials and secrets on premises, in the cloud and in the DevOps pipeline. The year is off to a great start and with our strong results in the first quarter, we are well positioned to execute our strategy and capitalize on our tremendous opportunity.”

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