PETACH-TIKVA, Israel (AP) — PETACH-TIKVA, Israel (AP) — CyberArk Software Ltd. (CYBR) on Thursday reported a loss of $22.2 million in its fourth quarter.

The Petach-Tikva, Israel-based company said it had a loss of 54 cents per share. Earnings, adjusted for one-time gains and costs, came to 16 cents per share.

The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.

The maker of software that detects attacks on privileged accounts posted revenue of $169.2 million in the period, which missed Street forecasts. Eleven analysts surveyed by Zacks expected $174.1 million.

For the year, the company reported that its loss widened to $130.4 million, or $3.21 per share. Revenue was reported as $591.7 million.

For the current quarter ending in March, CyberArk expects its results to range from a loss of 30 cents per share to a loss of 23 cents per share.

The company said it expects revenue in the range of $160 million to $164 million for the fiscal first quarter.

CyberArk expects full-year earnings in the range of 7 cents to 28 cents per share, with revenue ranging from $724 million to $736 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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