NEW YORK (TheStreet) -- CyberArk Software  (CYBR - Get Report) stock is down 11.35% to $32.57 in afternoon trading on Friday after issuing lower-than-expected 2016 earnings guidance.

After yesterday's market close, the company noted that it expects 2016 per-share earnings to range between 83 cents and 86 cents, below analysts' estimates for 91 cents per share.

However, CyberArk expects revenue to range between $205 million to $207 million, above analysts' forecast for $202.3 million.

Additionally, CyberArk reported 2015 fourth quarter earnings and revenue above analysts' expectations.

The company posted adjusted revenue of 30 cents per share on revenue of $51.5 million, beating analysts' estimates for earnings for 17 cents per share on revenue of $44 million. 

Last year, CyberArk reported earnings of 22 cents per share on revenue of $36.31 million for the 2014 fourth quarter. 

CyberArk is an Israel-based security company.

Separately, TheStreet Ratings team rates the stock as a "sell" with a ratings score of D.

CyberArk's weaknesses include its poor profit margins.

You can view the full analysis from the report here: CYBR

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 article's author. 

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