CyberArk Software, Ltd. (CYBR) shares are up $1.53 to $63.00 in after-hours trading Thursday after the company reported its first quarter earnings results.
The firm that protects organizations from cyber attacks posted earnings of $0.16 per share on revenues of $32.9 million, up 89.1% from a year ago. Analysts were expecting EPS of $0.05 on revenues of $26.7 million. Q1 GAAP net income was $4.2 million, or $0.12 per share, an increase compared to GAAP net loss of ($1.2) million, or ($0.35) per share in the first quarter of 2014. License revenue came in at $20 million, up 119% year-over-year.
“CyberArk had an exceptional first quarter, exceeding our expectations across all financial metrics, and giving us the confidence to raise our full year guidance” said in a statement Udi Mokady, CyberArk CEO.
For Q2/15, CYBR provided EPS guidance of $0.04 – $0.06 versus consensus of $0.04 per share. The company also issued revenue projection of $31.50 – $32.50 million, compared to the consensus revenue estimate of $30 million. For full- year 2015, total revenue is expected to be in the range of $136 million – $138 million which represents 32% – 34% year-over-year growth.
Liquidity: As of March 31, 2015, CyberArk had $192 million in cash and cash equivalents and short-term deposits compared with $177 million as of Dec. 31, 2014.
Tableau Software, Inc. (DATA) reported first quarter non-GAAP EPS of $0.08 after the closing bell Thursday, compared to the consensus estimate of ($0.03). Revenues increased 74.4% from last year to $130.1 million. Analysts expected revenues of $115.3 million. GAAP net loss for Q1/15 was $10 million, or $0.14 per diluted share, compared to GAAP net loss of $5.6 million, or ($0.09) per diluted share for Q1/14.
The company said it added more than 2,600 new customers during the first quarter, ending it with more than 29,000 customer accounts.
“Tableau’s first quarter 2015 results were strong and demonstrate that the demand for Tableau continues to grow,” CEO Christian Chabot said in a statement. “Tableau’s ability to help people achieve more with data is resulting in an ever growing customer base.”
Tableau said license revenue increased 74% to $84.4 million, up from $48.4 million in the first quarter of 2014, while international revenue grew to $31.7 million, up 89% yoy.
Profitability-wise, DATA has a t-12 profit and operating margin of 1.42% and 1.53%, respectively. The $6.93 billion market cap company reported $716 million in cash vs. $199 million in total liabilities in its most recent quarter.
DATA currently prints a one year return of about 67% and a year-to-date return of around 14%.
The stock is currently up $7.32, or 7.51%, to $104.75 on 2.28 million shares.
Shares of SolarEdge Technologies, Inc. (SEDG) rallied $2.62, or 9.93%, to $29.01 after the company released its earnings results on Thursday. The firm reported Q3’15 EPS of $0.20 per share vs. $0.08 consensus on $86.4 million in revenue, up 183% from a year ago. Q3 gross margin GAAP was 27.4%, up from 20.4% a year earlier. The company’s net income for the period came in at $6 million, or $0.01 per diluted share, from a net loss of $5.2 million, or ($1.87) per diluted share, a year earlier.
“I am happy to report record revenues of $86 million this quarter. This is in line with our expectations of moderate growth despite seasonality, coupled with the addition of a new sizeable customer. We expect revenue growth to continue through 2015 as originally projected,” said in a press release Guy Sella, Founder, Chairman and CEO of SolarEdge.
The company guided Q4/15 revenues of $92 – $96 million, as compared to analysts’ expectations of $82.45 million. Gross margins are expected to be within the range of 26% – 28%.
Cash: As of March 31, 2015, SolarEdge had cash, cash equivalents and restricted cash of approx. $139 million, compared to $27.2 million on Dec. 31, 2014. At March 31, 2015, the company did not have any debt.
Rocket Fuel Inc. (FUEL) dropped $0.12 to $7.51 in after-hours trading after it reported fiscal results for the first quarter.
In its quarterly report, the advertising technology company said it earned ($0.6) per share, well above the ($0.73) per share analysts were expecting. Revenue rose 40.2% to $104.33 million, above views for $104.30 million. Q1/15 net loss came in at $36.9 million, or ($0.88) per diluted share, compared to a net loss of $11.2 million, or ($0.33) per diluted share for Q1/14. Non-GAAP adjusted EBITDA was ($13.6) million compared to ($2.4) million in the first quarter of 2014.
“Rocket Fuel’s first quarter was highlighted by 40% revenue growth and a smaller than anticipated non-GAAP adjusted EBITDA loss driven by a sharp focus on company-wide expenses,” commented Monte Zweben, Interim Chief Executive Officer.
For Q2/15, FUEL provided revenue guidance of $66 – $69 million, compared to the consensus revenue estimate of $131 million.
The Redwood City, California-based company said cash and cash equivalents were $92.1 million as of March 31, 2015.
The chart below shows where the equity has traded over the last 52 weeks.