Monday, July 17, 2017

CyberArk Software Ltd. (CYBR) Sank To A New Low On Guidance Lowered

CyberArk Software Ltd. (CYBR) announced after the bell Thursday that it now expects to report second quarter revenues of $57 million to $57.5 million. Prior guidance had been for revenues of $61 million to $62 million. Non-GAAP operating income is now expected to be between $8.5 million and $8.9 million, compared to prior expectations of $10.9 million to $11.7 million.

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