CyberArk Proved Its Subscription Transition Worked, But Stock Has Kept Up (NASDAQ:CYBR)
SOPA Images/LightRocket via Getty Images A year ago, I analyzed the completion of CyberArk Software Ltd.’s (NASDAQ:CYBR) subscription transition. This transition was a short-term compromise, as it generated low growth due to the effects of losing upfront revenue, but it gained long-term visibility through subscriptions. In that year-ago article, I contended the company had exited…