CyberArk Software Ltd. reported fourth-quarter FY21 revenue growth of 5 percent year-on-year to $151.3 million, beating the consensus of $144.5 million. Non-GAAP EPS of $0.28 beat the consensus of $0.16.
Segments
Revenues from Subscription expanded 142 percent Y/Y to $47.6 million, Maintenance and professional services rose 6 percent Y/Y to $65.1 million.Key Performance Indicators
Annual Recurring Revenue (ARR) increased 44 percent Y/Y to $393 million. The subscription portion of ARR was $183 million, implying a 146 percent Y/Y growth. The Maintenance portion of ARR was $210 million signifying a 5.5 percent Y/Y growth.Recurring revenue grew 48 percent Y/Y to $102.9 million, and the company added over 375 new customers. CyberArk reached a 71 percent subscription booking mix.
