07:34 AM EDT, 05/13/2025 (MT Newswires) -- CyberArk Software ( CYBR ) reported Q1 non-GAAP net income Tuesday of $0.98 per diluted share, up from $0.75 a year earlier.

Analysts polled by FactSet expected $0.79.

Revenue for the quarter ended March 31 was $317.6 million, up from $221.6 million a year earlier.

Analysts surveyed by FactSet expected $305.3 million.

The company said it expects Q2 non-GAAP net income of $0.74 to $0.81 per diluted share on revenue of $312 million to $318 million. Analysts polled by FactSet expect non-GAAP net income of $0.77 per share on revenue of $310.3 million.

CyberArk revised its full-year 2025 non-GAAP net income guidance to a range of $3.73 to $3.85 per diluted share from its previous guidance of $3.55 to $3.70, and its full-year 2025 revenue guidance to $1.31 billion to $1.32 billion. Analysts surveyed by FactSet expect non-GAAP net income of $3.66 per share, on revenue of $1.31 billion.

The company's shares were down 4.4% in recent Tuesday premarket activity.