CyberArk Reports Strong Q3 2024 Results and Raises Guidance

CyberArk Software (CYBR) has released an update.

CyberArk Software reported robust financial results for Q3 2024, with a 46% increase in subscription ARR to $735 million and total ARR growing 31% to $926 million. The company’s total revenue reached a record $240.1 million, up 26% year-over-year, and it has raised its full-year guidance. CyberArk’s recent acquisition of Venafi aims to bolster its leadership in machine identity security.

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