PETACH-TIKVA, Israel (AP) _ CyberArk Software Ltd. (CYBR) on Wednesday reported a loss of $37.6 million in its second quarter.
On a per-share basis, the Petach-Tikva, Israel-based company said it had a loss of 93 cents. Losses, adjusted for one-time gains and costs, came to 27 cents per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 30 cents per share.
The maker of software that detects attacks on privileged accounts posted revenue of $142.3 million in the period, also exceeding Street forecasts. Nine analysts surveyed by Zacks expected $139 million.
For the current quarter ending in October, CyberArk expects its results to range from a loss of 27 cents per share to a loss of 14 cents per share.
The company said it expects revenue in the range of $147 million to $153 million for the fiscal third quarter.
CyberArk expects full-year results to range from a loss of 82 cents per share to a loss of 57 cents per share, with revenue ranging from $589 million to $601 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CYBR at https://www.zacks.com/ap/CYBR
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