CyberArk Software Q3 Profit Rises - Quick Facts

(RTTNews) - CyberArk Software Ltd. (CYBR) reported third-quarter net income of $3.31 million or $0.11 per share, compared to $2.51 million or $0.09 per share, prior year. Non-GAAP net income per share was $0.20, for the quarter.

On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.01 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $27.96 million from $16.89 million last year. Analysts expected revenue of $20.89 million for the quarter.

The company expects fourth-quarter total revenue to be in the range of $26.0 million to $27.0 million. Non-GAAP income per share is expected to be in the range of $0.04 to $0.06. Analysts expect the company to report fourth-quarter earnings per share of $0.02 on revenue of $25.13 million.

The company expects 2014 total revenue to be in the range of $92.7 million to $93.7 million, and non-GAAP income per share to be in the range of $0.29 to $0.31. Analysts expect the company to report full year earnings per share of $0.13 on revenue of $84.84 million.