India, Feb. 8 -- Shares of information security company CyberArk Software Ltd. (CYBR) are rising more than 7% Thursday morning after reporting upbeat quarterly results above analysts' view. The company also provided first-quarter as well as full-year revenue outlook, better than the consensus estimates.
Net income was $8.91 million, or $0.20 per share for the fourth quarter, compared with loss of $22.2 million or $0.54 per share in the same quarter a year ago.
Excluding one-time items, earnings were $38.1 million, or $0.81 per share, that beat the average estimate of analysts polled by Thomson-Reuters of $0.47 per share.
Total revenue increased 32 percent to $223.1 million from $169.2 million a year ago. The consensus estimate was for $2...