CyberArk Sees Q4 2023 Revenue $206.5M-$211.5M Vs $209.34M Est, Sees Adj. EPS $0.41-$0.50 Vs $0.41 Est
Portfolio Pulse from Benzinga Newsdesk
CyberArk has projected its Q4 2023 revenue to be between $206.5M and $211.5M, compared to the estimated $209.34M. The company also anticipates its adjusted EPS to be between $0.41 and $0.50, against the estimated $0.41.
November 02, 2023 | 11:13 am
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POSITIVE IMPACT
CyberArk's projected Q4 2023 revenue and adjusted EPS both exceed estimates, which could positively impact the company's stock price.
CyberArk's projected revenue and adjusted EPS for Q4 2023 are both higher than estimates. This positive financial outlook could lead to increased investor confidence and a potential rise in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100