CyberArk Software Ltd. (NASDAQ:CYBR) Q1 2022 Earnings Conference Call May 12, 2022 8:00 AM ET

Company Participants

Erica Smith - Vice President, Investor Relations

Udi Mokady - Chairman & Chief Executive Officer

Josh Siegel - Chief Financial Officer

Conference Call Participants

Saket Kalia - Barclays

Adam Borg - Stifel

Rob Owens - Piper Sandler

Brian Essex - Goldman Sachs

Fatima Boolani - Citi

Gregg Moskowitz - Mizuho

Hamza Fodderwala - Morgan Stanley

Joshua Tilton - Wolfe Research

Roger Boyd - UBS Securities

Ittai Kidron - Oppenheimer

Eric Heath - KeyBanc Capital

Trevor Walsh - JMP Securities

Justin Donati - Wells Fargo

Operator

Ladies and gentlemen, thank you for standing by, and welcome to CyberArk First Quarter 2022 Earnings Call. At this time, all attendees are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded. [Operator Instructions] Thank you.

Now, I would like to welcome Ms. Erica Smith. Ma'am, please go ahead.

Erica Smith

Thank you. Good morning. Thank you for joining us today to review CyberArk's first quarter 2022 financial results. With me on the call today are Udi Mokady, Chairman and Chief Executive Officer; and Josh Siegel, Chief Financial Officer. After prepared remarks, we will open the call up to a question-and-answer session.

Before we begin, let me remind you that certain statements made on the call today may be considered forward-looking statements, which reflect management’s best judgment based on currently available information.

I refer specifically to the discussion of our expectations and beliefs regarding our projected results of operations for the second quarter and the full year 2022. Our results might differ materially from those projected in these forward-looking statements.

I direct your attention to the risk factors contained in the company’s Annual Report on Form 20-F filed with the US Securities and Exchange Commission, and those referenced in today’s press release that are posted to CyberArk’s website, as well as the duration and scope of the COVID-19 pandemic, its related impact on global economies and our ability to adjust in response to the pandemic. CyberArk expressly disclaims any application or undertaking to release publicly any updates or revisions to any forward-looking statements made here in.

Additionally, non-GAAP financial measures will be discussed on this conference call. Reconciliations to the most directly comparable GAAP financial measures are also available in today’s press release, as well as in an updated investor presentation that outlines the financial discussion in today’s call.