Dec 06, 2022 / 02:00PM GMT
Hamza Fodderwala - Morgan Stanley, Research Division - Equity Analyst
Okay. Good afternoon, everybody. Thank you for joining us. Really delighted this afternoon to have the CFO of CyberArk, Josh Siegel with us. Josh, thank you so much. I'm Hamza Fodderwala. I'm cybersecurity analyst at Morgan Stanley.
Before I begin, brief disclosure, for important disclosures, please see the Morgan Stanley research disclosure website at www.morganstanley.com/researchdisclosures.
Questions and Answers:
Hamza Fodderwala - Morgan Stanley, Research Division - Equity AnalystAll right. I think I'm getting better at repeating that. So Josh, thank you so much for your time. Really appreciate it. So I want to start by kind of level setting the conversation. CyberArk has been one of the better, if not, one of the best cybersecurity stocks year-to-date from a relative performance standpoint. Can you talk a little bit about the demand environment for Identity Security. Why has it been