CyberArk Software Ltd. (CYBR) saw its stock soar 6.6% in pre-market trading on Thursday, following the company's impressive fourth quarter performance and upbeat guidance for 2025. The surge in CyberArk's share price reflects the growing demand for its identity security solutions and the company's strategic execution.
CyberArk reported Q4 non-GAAP earnings per share (EPS) of $0.80, surpassing analyst estimates of $0.72. Additionally, the company's revenue for the quarter reached $314.4 million, exceeding the consensus forecast of $301.3 million. This solid performance was driven by robust demand for CyberArk's identity security solutions, which provide comprehensive protection and management for both human and machine identities in modern enterprises.
Looking ahead, CyberArk's guidance for 2025 further fueled investor confidence. The company expects full-year EPS to range between $3.55 and $3.70, aligning closely with analyst expectations of $3.62. Moreover, CyberArk projects revenue of $1.31 billion to $1.32 billion for 2025, outpacing the consensus estimate of $1.3 billion. This upbeat outlook reflects CyberArk's strong market position and the growing demand for its AI-powered Identity Security Platform.