Reports Q2 revenue $328.03M, consensus $316.35M. “CyberArk (CYBR) delivered second quarter results that highlight the demand for identity security and the success of our land and expand platform selling motion,” said Matt Cohen, CEO of CyberArk. “We operate in an environment where the pace of change is exponential, and identity is central to major breaches. To meet this challenge, organizations need an identity security platform that delivers both breadth and depth: comprehensive coverage of every identity type – human, machine and AI – delivered on a unified platform with best-in-class privilege controls that only CyberArk can provide. This is why we are very pleased with Palo Alto Networks’ proposed acquisition of CyberArk that was announced earlier this morning. Together we can bring our vision for identity security to the world, much faster and at a scale only enabled by the combination of both companies.”
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