Henderson covers the technology sector, focusing on stocks such as sailpoint technologies holdings, applied. Cyberarks 2020 earnings estimates lag expectations. Our business partners know this too and as such we attract the best of the best when it comes to the cyber security industry. Jim cramer hears from cyberark software founder, chairman and ceo udi mokady, who discusses his companys recently won federal government contracts and the rise of ransomware.
Together, cyberark and idaptive provide a comprehensive artificial intelligence ai based, securityfirst approach to managing identities that is adaptive and contextaware, and architected on the principles of zero trust and leastprivilege access, to dramatically reduce risk. Cyberark cyberark announces first quarter 2020 results. Since cofounding the company in 1999, mokady has entrenched cyberark as the market leader. Then well look at a snap shot of the business growth. I want to thank our customers, partners, and employees who contributed to cyberarks record results in 2019. Apr 04, 2020 in 2005 udi mokady was appointed ceo of cyberark software ltd. See insights on cyberark software including office locations, competitors, revenue, financials, executives, subsidiaries and more at craft. Shares in cyberark software cybr fell more than 6% after the company warned that more cautious buying decisions by its customers will impact sales and cash flow in. Investors will find it intriguing that cyberark software paid a marginal salary to udi mokady, over the past year, focusing on nonsalary compensation instead.
Cohen, udi mokady operating status active funding status ipo last funding type postipo debt number of employees 10015000 also known as cyberark software ltd, cyberark software, inc. Udi mokady is the chairman and ceo of cyberark, and a pioneer in establishing the privileged access management software market. The company was founded by udi mokady and alon cohen in 1999 and is headquartered in petah tikva, israel. The company offers products specializes in protecting and managing privileged users, applications, and sensitive. After that, we will consider the growth in the business. Energy is one of the most vulnerable verticals out. With me on the call today are udi mokady, chairman and chief executive officer. Svp of strategy, corporate development at cyberark. Cyberark pioneered the market and remains the leader in securing enterprises against cyber attacks that take cover behind insider privileges to attack critical enterprise assets. Cyberarks awardwinning software protects the high value assets of leading companies and government organizations around the world. Most shareholders would probably be pleased with cyberark software ltd. The company was founded by udi mokady and alon cohen in.
Cybr ceo udi mokady on q1 2020 results earnings call transcript. One pear place, 152158 waterloo road, london se1 8bt, united kingdom. Cybr ceo udi mokady on q4 2019 results earnings call transcript. Cyberark ceo udi mokady will join other cyber security executives and global leaders, such as israeli prime minister benjamin netanyahu and alejandro n. Our job isnt only to protect corporations, but also assist. Ceo udi mokady said the blame for the miss was due to deals in europe, the middle east, and africa closing slower than anticipated. Business wireey announced that udi mokady, ceo of cyberark, received the new england ey entrepreneur of the year 2014 award in the technology security category. Udi mokady is the president and ceo of cyberark nasdaq. Cyberark software ltd cybr quotes, financials, news, charts. Cyberark is the global leader in privileged access security, a critical layer of it security to protect data, infrastructure and assets across the enterprise. Apr 04, 2020 investors will find it intriguing that cyberark software paid a marginal salary to udi mokady, over the past year, focusing on nonsalary compensation instead. The great thing about working at cyberark is knowing that the solutions that we provide can make a real difference to the security of our customers.
Companies are increasingly turning toward the benefits of cloud computing solutions, said udi mokady, president and ceo of cyber ark software. Cyberark software shares sink 6% on weak sales outlook. Udi mokady is the chairman and ceo of cyberark, and a pioneer in establishing the privileged account security software market. Down the road we will look at the public market, mokady said. Udi mokady founder, chairman and chief executive officer. With cyber attacks on the rise, organizations need modern, comprehensive solutions to make better, continuous access and authorization decisions.
Cyberark software ltd q1 2020 earnings call dated may. Cyberark qualys releases integration with cyberarks. Nevertheless, after an august 15 interview with ceo udi mokady, i concluded that cyberark is taking a longerterm view of its business which is based on what looks to. First, this article will compare ceo compensation with compensation at similar sized companies. Cyberark shares were lower after the security software provider beat wall streets earnings expectations but withdrew its fullyear guidance. As a result, some may believe the ceo should be paid more than is normal for companies of similar size. Aug 16, 2017 nevertheless, after an august 15 interview with ceo udi mokady, i concluded that cyberark is taking a longerterm view of its business which is based on what looks to me like a solid foundation in.
Cybr q2 2019 earnings conference call august 7, 2019 8. Needham analyst alex henderson assigned a hold rating to cyberark software cybr research report today. This technology also known as network vault, and branded as the digital vault surrounds data with eight. Feb 12, 2020 cyberark ceo udi mokady said in a statement that the fourth quarter completed a year of strong growth driven by disciplined investments.
As you can see, udi mokady is paid more than the median ceo pay at companies of a similar size, in the same market. Cyberark software company profile office locations. Cyberark was launched by udi mokady in 1999 and is based in newton, massachusetts with offices in the u. Udi mokady, cofounder and ceo of nasdaqlisted information security company cyberark software ltd.
Sep 30, 2019 q3 was another strong quarter for cyberark, said udi mokady, cyberark chairman and ceo. Cyberark software ceo on nationstate hacking, ransomware. Cyberark software competitors, revenue and employees owler. The company signed nearly 300 new customers in the. Ehud mokady, also known as udi, founded cyber ark software, inc. Cyberark ceo udi mokady said in a statement that the fourth quarter completed a year of strong growth driven by disciplined investments. Cyberark software earnings per share surges 92% ceo udi mokady says demand for the companys cybersecurity services is stronger than ever.
Cyberark cybr q1 earnings and revenues beat estimates. Jun 11, 2012 cyberark, which is nicely profitable would like to grow its revenue more before going public, mokady said. Mayorkas, deputy secretary of homeland security, as a keynote speaker in the opening plenary. Based on data from cyberark software s latest sec filings employees. Cyberark software inc company profile and news bloomberg. Boosts fullyear outlook ceo udi mokady says the cybersecurity specialist is still in the early innings of its market opportunity. Cyberark cyberark ceo udi mokady joins global leaders at. Cyberark software competitors, revenue and employees. Et company participants erica smith investor relations udi mokady chairman and chief executive office. He was kind enough to share his insights in this important area.
Jan 30, 2019 innovative hackers keep israeli tech giant cyberark on its toes. The fool has written over 100 articles on cyberark software. Udi mokady is chairmanceocofounder at cyberark software ltd. The company was founded by udi mokady and alon cohen in 1999 and is headquartered. Cybertech is a major international conference and exhibition focused on advanced cyber technologies. Cyberark s highly skilled services organization offers a combination of technology and cyber security expertise to strategically build out a privileged access security program and effectively execute deployment. You can check out any time you like, but you can never leave. Cybr ceo udi mokady on q1 2020 results earnings call transcript may. Cybr q4 2019 earnings conference call february 12, 2020 08. After this misstep, can cyberark software turn it around.
Innovative hackers keep israeli tech giant cyberark on its toes. This analysis aims first to contrast ceo compensation with other companies that have similar market capitalization. Industries cloud security, cyber security, security headquarters regions greater boston area, east coast, new england founded date 1999 founders alon n. In 2005 udi mokady was appointed ceo of cyberark software ltd. Cyberark announces strong third quarter 2019 results. To that end, i had the privilege ahem to spend time chatting with udi mokady, ceo of cyberark. Our results demonstrate our strong execution, leadership position in the market and the robust demand environment for our solutions. Cyberark software ltd cybr q1 2020 earnings call transcript. Cyberark fights off corporate data breaches investors. Cybr q3 2019 earnings conference call november 6, 2019 8. Et on seeking alpha cyberark cybr q1 earnings and revenues beat estimates. Cyberark ceo udi mokady named an ey entrepreneur of the year. Udi mokady is the founder, chairman and ceo of cyberark nasdaq. Cyberark beats firstquarter expectations and withdraws.
Innovative hackers keep israeli tech giant cyberark on its. In describing his employee retention strategy, udi mokady likes to quote lyrics from a famous rock song. Cyberark software ltd cybr quotes, financials, news. Needham assigns a hold rating on cyberark software cybr. Udi mokady greater boston area professional profile linkedin. Udi, lets start with something basic, but perhaps not widely understood. Information security company cyber ark software expects sales will continue to grow at least 30 percent a year as it benefits from businesses needs to. Information security provider cyberark ceo udi mokady says energy companies are investing in cybersecurity, but that the industry is behind. Q3 was another strong quarter for cyberark, said udi mokady, cyberark chairman and ceo. The health and wellbeing of our global community of employees, customers and partners continues to be our first priority, said udi mokady, cyberark chairman and ceo. Udi mokady cybertech tel aviv 2020 cybertech israel. This is the company profilesite for the company cyber ark software on markets insider. During his tenure at cyberark, mokady has also served as cyberarks chief strategist and visionary, overseeing global. In summary remuneration for udi mokady is close enough to the median pay for a ceo of a similar sized company.
Cyberark software earnings per share surges 92% the. We delivered revenue growth of 28%, a nongaap operating margin of 27% and signed 200 new customers. Cybr, and a pioneer in establishing the privileged account security software market. The health and wellbeing of our global community of employees. Cohen and current ceo udi mokady, a 2014 ey entrepreneur of the year, who assembled a team of security engineers who implemented the digital vault technology u.
The qualysguard integration with cyber ark s pim suite protects access to credentials data of it systems while allowing customers to scan their networks to get a comprehensive picture of their. Cybr, the global leader in privileged access security, today announced strong financial results for the second quarter ended june 30, 2019. Udi mokady has been the ceo of cyberark software ltd. Cyberark cyberark announces strong second quarter 2019. Mokady served as our chief operating officer from 1999 to 2005. Cybr, the global leader in privileged access management, today announced financial results for the first quarter ended march 31, 2020. Ehud udi mokady is one of our founders, has served as our president and chief executive officer since 2005 and in june 2016 was elected chairman of the board of directors. This analysis aims first to contrast ceo compensation with other. Mokady helped pioneer the privileged access management software market. According to, henderson is a 5star analyst with an average return of 15.
173 484 798 937 671 646 759 225 889 1453 1269 1126 1268 187 317 945 1109 886 1212 989 85 479 1031 449 521 602 758 1150 250 986 272 1465 417 1491