CyberArk Software shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 and FY23 adjusted EPS guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
CyberArk Software reported better-than-expected Q2 financial results and issued Q3 and FY23 adjusted EPS guidance above estimates, leading to a rise in its share prices.
August 10, 2023 | 4:00 pm
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CyberArk Software's better-than-expected Q2 results and positive Q3 and FY23 EPS guidance have led to an increase in its share prices.
CyberArk Software's shares are trading higher due to the company's strong Q2 financial results and its optimistic Q3 and FY23 EPS guidance, which were both above estimates. This positive news indicates a strong financial performance and future outlook, which are likely to attract investors and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100