CyberArk Software Ltd. (NASDAQ:CYBR) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET

Company Participants

Erica Smith - Head of IR

Matt Cohen - CEO

Joshua Siegel - CFO

Conference Call Participants

Saket Kalia - Barclays Capital

Robbie Owens - Piper Sandler

Roger Boyd - UBS

Hamza Fodderwala - Morgan Stanley

Ittai Kidron - Oppenheimer

Brian Essex - JPMorgan

John Difucci - Guggenheim

Fatima Boolani - Citi

Junaid Siddiqui - Truist Securities

Adam Borg - Stifel

Brian Colley - Stephens

Alexander Henderson - Needham & Company

Operator

Hello and welcome to the CyberArk Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]

I will now turn the conference over to Erica Smith, SVP, Investor Relations and ESG. Please go ahead.

Erica Smith

Thank you, [indiscernible]. Good morning. Thank you for joining us today to review CyberArk's Third Quarter 2023 Financial Results. With me on the call today are Matt Cohen, our Chief Executive Officer; and Josh Siegel, our Chief Financial Officer. After prepared remarks, we will open up the call 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 fourth quarter, full year 2023 and beyond. Our actual 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 U.S. Securities and Exchange Commission and those referenced in today's press release that are posted to CyberArk's website. CyberArk expressly disclaims any application or undertaking to release publicly any updates or revisions to any forward-looking statements made today.

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. A webcast of today’s call is available on our website in the Investor Relations section.

With that, I'd like to turn the call over to our CEO, Matt Cohen. Matt?

Matt Cohen

Thanks, Erica, and thanks, everyone for joining the call today. I want to start off by saying our hearts go out to Israel and the global Israeli community as they navigate through this incredibly difficult time. The atrocities committed by Hamas and Israel are horrific and as an organization we condemn these barbaric acts.