CyberArk Software Ltd. (NASDAQ:CYBR) Q3 2024 Earnings Call Transcript November 13, 2024 8:30 AM ET
Company Participants
Sri Anantha - VP, IR
Matt Cohen - CEO
Josh Siegel - CFO
Erica Smith - Deputy CFO
Conference Call Participants
Saket Kalia - Barclays
Hamza Fodderwala - Morgan Stanley
Matt Hedberg - RBC Capital Markets
Brian Essex - JPMorgan
Jonathan Ho - William Blair
Roger Boyd - UBS Securities
Adam Borg - Stifel
John DiFucci - Guggenheim Securities
Operator
Thank you for standing by. My name is Jale and I will be your conference operator today. At this time, I would like to welcome everyone to the Third Quarter 2024 CyberArk Software Limited 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 would now like to turn the conference over to Sri Anantha, Vice President, Investor Relations. You may begin.
Sri Anantha
Thank you, operator. Good morning. Thank you for joining us today to review CyberArk's strong third quarter 2024 financial results. With me on the call today are Matt Cohen, our Chief Executive Officer; Josh Siegel, our Chief Financial Officer; and Erica Smith, our Deputy CFO. 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 your expectations and beliefs regarding our projected results of operations for the fourth quarter, full year 2024 and beyond. I also refer to our expectations and beliefs regarding the integration of Venafi into our operations. 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 US 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 herein.
As a reminder, we closed the acquisition of Venafi on October 1st, so the results we discuss today are CyberArk on a standalone basis. We do not have any financial contribution from Venafi in the third quarter. Our guidance for the fourth quarter does include contributions from Venafi. Additionally, non-GAAP financial measures will be discussed on this conference call. Reconciliation 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 also available on our website in the IR section.