CyberArk’s Share Price Spikes Following Q3/2014 Results

November 17, 2014 | The Israeli cyber security company CyberArk, which recently went public on NASDAQ, saw positive results in the third financial quarter. The company has seen its share price nearly triple since it went public in September, from $16 per share to $44.37, giving CyberArk a market cap of $384.16 million. CyberArk reported $28 million in revenue in the third quarter of 2014, up from $16.9 million in the corresponding quarter of 2013. CyberArk focuses on privileged account security and was founded in 1999 by CEO Udi Mokady and Alon N. Cohen.