EarningsCyberArk reported strong Q2/24 results across the board, with ARR, subscription revenue, and NG operating income coming in ahead of estimates.
Financial PerformanceStrong ARR growth is enabling accelerating operating leverage, with subscription ARR growing 50% YoY and total revenue growing 28% YoY.
Product AdoptionThe company added a record 245 new logos, up from 200 in 1Q, with over 50% of new logos landing with 2+ solutions signaling broader platform traction.