After the market close today, the Israel-based security company reported earnings of 39 cents per diluted share, exceeding analysts' expectations for earnings of 20 cents per share.
Revenue for the period soared by 42% to $51.47 million, which surpassed analysts' estimates of $43.88 million.
"2015 was another record year for CyberArk," CEO Udi Mokady said in a statement. "We executed on our strategy to expand our sales and marketing reach, enhance our product offering, and strengthen our position as the recognized leader in Privileged Account Security."
For the full year, the company is expecting earnings per share between 83 cents to 86 cents on revenue in the range of $205 million to $207 million.
Cyberark provides information technology security solutions that protect organizations from cyber-attacks.
Separately, TheStreet Ratings Team has a "Sell" rating with a score of D on the stock.
This is driven by multiple weaknesses, which should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks covered.
The area that the team feels has been the company's primary weakness has been its poor profit margins.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: CYBRCYBR data by YCharts