Acquisition RisksThere is acknowledged execution risk involved with integrating an asset as large as Venafi and with long-time employee Erica Smith stepping in as CFO.
IT Spending UncertaintyThere is significant uncertainty as it relates to the overall IT spending environment in 2025, leading management to likely provide very conservative guidance for FY25.
Management ChangesCYBR announced that its CFO, Josh Siegel, is stepping down from his role as CFO effective January 1, 2025, as part of a planned succession.