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CyberArk Sees FY24 Adj. EPS $2.17-$2.36 (Prior $1.88-$2.07) Vs $2.03 Estimate; Sees Revenue $932M-$942M (Prior $928M-$938M) Vs $935.1M Estimate

Author: Benzinga Newsdesk | August 08, 2024 07:13am

Full Year 2024:

  • Total revenue is expected to be in the range of $932.0 million to $942.0 million, representing growth of 24 percent to 25 percent compared to the full year 2023.
  • Non-GAAP operating income is expected to be in the range of $107.5 million to $116.5 million.
  • Non-GAAP net income per share is expected to be in the range of $2.17 to $2.36 per diluted share.
    • Assumes 48.2 million weighted average diluted shares.
  • ARR as of December 31, 2024 is expected to be in the range of $985 million to $995 million, representing growth of 27 percent to 29 percent from December 31, 2023.
  • Non-GAAP free cash flow is expected to be in the range of $145.0 million to $155.0 million for the full year 2024.

Posted In: CYBR

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