Topic: How To Invest

Hi, Pat: Could I have your opinion Cyberark Software? Regards.

Article Excerpt

Cyberark Software Ltd., $48.67, symbol CYBR on Nasdaq (Shares outstanding: 31.7 million; Market cap: $1.5 billion; www.cyberark.com), is an Israel-based maker of software for protecting computer networks from online attackers. Unlike other computer security software, which aims to prevent attacks before they occur, Cyberark’s system only activates after it detects a threat inside a network. It then aims to isolate the threat and lock down the servers or individual computers to keep sensitive data from being transferred. The company also makes software that prevents online intruders from accessing accounts that have privileged access to computer networks, such as system administrators. Demand for Cyberark’s products is growing quickly in response to several high-profile online attacks, such as the recent theft of credit card data from Target and Home Depot. In the three months ended June 30, 2015, Cyberark’s revenue jumped 70.5%, to $36.4 million from $21.3 million a year earlier. Excluding one-time items, earnings rose 167.6%, to $6.6 million from $2.4 million. Earnings per…