CyberArk Jumps 9% as Q4 Earnings & Revenues Surpass Estimates
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CyberArk's stock surged 9% following its Q4 earnings and revenue surpassing estimates. The growth was driven by strong demand and the Venafi acquisition, while reduced expenses improved profitability.
February 14, 2025 | 6:30 pm
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CyberArk's Q4 earnings and revenues exceeded expectations, leading to a 9% stock price increase. The growth was fueled by strong demand and the Venafi acquisition, with lower expenses enhancing profitability.
The article highlights CyberArk's strong Q4 performance, with earnings and revenues surpassing estimates. The Venafi acquisition and robust demand contributed to top-line growth, while lower expenses improved the bottom line. This positive financial performance led to a 9% increase in CyberArk's stock price, indicating a likely short-term upward trend.
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