CyberArk Announces Strong Second Quarter 2018 Results


CyberArk, (NASDAQ: CYBR), the global leader in privileged access security, today announced financial results for the second quarter ended June 30, 2018.

“CyberArk had a great second quarter,” said Udi Mokady, CyberArk Chairman and CEO.  “We exceeded our guidance across all metrics.  We posted strong revenue growth, profitability and operating cash flow.  Our growth was driven by strong execution and robust demand from both new and existing customers across all geographies.  We were thrilled to sign nearly 200 new logos in the second quarter bringing our total number of customers to more than 4,000, which demonstrates that we are still in the early innings of our market opportunity.

  In addition, the significant value our solution provides coupled with our unwavering commitment to customer satisfaction drove our add on business during the quarter. Given our strong execution in the first half of the year and our tremendous market opportunity, we are positioned well for the remainder of 2018.”

CyberArk PR Here

[optin-monster-shortcode id=”dv4jqlr9fih8giagcylw”]



Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on whatsapp

Trending Issues

Malware, vulnerabilities targeting OT systems surge

Increasing threats of vulnerabilities are steadily rising, particularly in sensitive areas such as OT systems and network devices, putting vital infrastructure at risk, according to data released by Skybox Research

Join over 5,000 Industrial OT & Cyber professionals

Weekly Newsletter direct to your inbox