Varonis Systems

Varonis Systems, Inc. engages in providing data security and analytics. It operates through the following segments: United States, EMEA, and Rest of the World. Its products includes datadvantage, data classification engine, data transport engine, Varonis edge, datanswers, datalert, dataprivilege, automation engine, and GDPR patterns. The company was founded by Yaki Faitelson and Ohad Korkus on November 3, 2004 and is headquartered in New York, NY.

Earnings data Q1 2021

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Varonis Systems (VRNS) reports strong Q4 performance amidst SaaS transition

Varonis Systems (VRNS) delivered a strong Q4 performance with notable growth in ARR and improved free cash flow despite margin headwinds from the SaaS transition.
The company's focus on the successful transition to SaaS, positive customer feedback on data protection, and budget allocation ease position Varonis for continued growth.
While facing challenges such as macroeconomic uncertainties and SaaS transition friction, Varonis sees opportunities in advanced SaaS features and customer data security priorities.

Varonis Systems excels in Q1 with strong SaaS adoption

Varonis Systems delivered strong Q1 performance driven by successful SaaS transition, exceeding guidance and showcasing robust ARR growth.
While facing challenges in EMEA and sales transitions, the company remains optimistic about the positive momentum in SaaS adoption and customer value proposition.
Varonis sees opportunities in continued SaaS adoption, leveraging positive feedback to drive further growth and enhance customer offerings.

Varonis excels in Q2 with strong SaaS adoption and financial growth

Varonis Systems' Q2 performance reflects strong SaaS adoption, financial growth, and successful transition strategies.
The company's focus on preventing insider threats and enhancing customer experience through SaaS positions them for future success.
While challenges like pricing, conversions, and maintaining excitement exist, Varonis has opportunities for growth and market leadership.
Varonis' confidence in generating leverage through SaaS and commitment to the transition bode well for continued progress and success.

Varonis Systems excels in Q3 with strong SaaS growth

Varonis Systems delivered strong Q3 results, showcasing growth in ARR, free cash flow, and SaaS adoption, exceeding guidance and expectations.
Despite challenges in AI impact and revenue headwinds, Varonis remains confident in its growth trajectory and ability to navigate operational hurdles.
The company's focus on SaaS, AI integration, and customer conversions presents opportunities for expansion, market penetration, and revenue growth.
Varonis' strategic approach to data security and comprehensive protection platform differentiates it in the market, driving customer value and sales.

Varonis Systems excels in SaaS momentum but faces ARR growth challenges

Varonis Systems showcased strong financial performance and strategic focus on SaaS transition and new services, driving growth and value for customers.
While facing challenges in ARR growth deceleration, the company remains optimistic about positive trends and opportunities in the SaaS market.
Varonis aims to maintain its growth trajectory, update guidance as needed, and achieve its $1 billion target for 2027, despite the accelerated transition timeline.

Varonis Systems excels in Q1 with strong SaaS growth and MDDR success

Varonis Systems delivered a strong Q1 performance with notable ARR and revenue growth, driven by successful SaaS transition and new product offerings.
The company's focus on data security, particularly with the MDDR service, is resonating well with customers and driving increased customer lifetime value.
While facing challenges in sales cycle predictability and cash flow management, Varonis is well-positioned to capitalize on Gen AI adoption and market opportunities.

Varonis Systems reports solid Q2 results and optimistic 2024 outlook

Varonis Systems demonstrated strong financial performance in Q2 2024, driven by robust ARR growth and strategic focus on data protection.
While facing challenges in maintaining margins and addressing analyst inquiries, the company remains optimistic about its trajectory.
With a solid financial outlook, Varonis is well-positioned to capitalize on opportunities in the data security market and drive continued growth.

Varonis Systems reports robust Q3 performance amidst SaaS growth

Varonis Systems delivered a strong Q3 2024 performance with notable growth in SaaS revenues and ARR.
The company's focus on data security, SaaS transition, and MDDR offerings has positioned it well for future growth.
While facing challenges in the federal business segment, Varonis remains optimistic about future opportunities and growth potential.
Analysts and investors are closely monitoring Varonis' performance and strategic moves for 2025.

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Varonis Systems, Inc. engages in the provision of a security software platform. Its software enables enterprises and industries to protect data stored in the cloud and on-premises including sensitive files and emails, confidential personal data belonging to customers, patients, and employees, financial records, source code, strategic, and product plans, and other intellectual property. It operates through the following geographical segments: North America, Europe, Middle East, and Africa, and Rest of the World. The company was founded by Yakov Faitelson and Ohad Korkus on November 3, 2004 and is headquartered in New York, NY.

Varonis (VRNS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Varonis Systems (VRNS) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

Join Gold Sponsor Varonis in Las Vegas or virtually to find out how to slash the damage attackers can do Join Gold Sponsor Varonis in Las Vegas or virtually to find out how to slash the damage attackers can do

Varonis at Black Hat 2021: Watch a Ransomware Attack Unfold and Learn How to Limit Your Blast Radius

NEW YORK, July 08, 2021 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced that it will report its second quarter 2021 financial results following the close of the U.S. financial markets on Monday, August 2, 2021.

Varonis Announces Date of Second Quarter 2021 Financial Results

The Varonis Data Security Platform has been selected for testing and validation in Native Zero Trust Cloud test environment The Varonis Data Security Platform has been selected for testing and validation in Native Zero Trust Cloud test environment

Varonis Supports DoD Zero Trust Initiative at DreamPort Cyber Innovation Facility

NEW YORK, June 08, 2021 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced the opening of its new and expanded office space in Cork City at Penrose Dock. Varonis is expected to double its employee headcount, creating approximately 60 jobs – ranging from tech support, research and development, human resources, and sales – over the next three years.

Varonis Announces New Location in Cork and Expects to Double Headcount to 120 Employees Over Next Three Years

Varonis adds support for AWS, Box, GitHub, Google Drive, Jira, Okta, Salesforce, Slack, and Zoom Varonis adds support for AWS, Box, GitHub, Google Drive, Jira, Okta, Salesforce, Slack, and Zoom

Varonis Introduces DatAdvantage Cloud to Bring Data-Centric Security to Additional Mission-Critical Cloud Services

Varonis reported another solid quarter and guided up 2Q (June). Management continues to exude confidence in its growth prospects and position within the industry with its subscription portfolio.

Varonis - Solid Quarter; Buy On Weakness

Varonis Systems' (VRNS) CEO Yaki Faitelson on Q1 2021 Results - Earnings Call Transcript

Shares of Varonis Systems (NASDAQ:VRNS) fell 2.9% in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 85.71% over the past year to ($0.08), which beat the estimate of ($0.13).

Varonis Systems: Q1 Earnings Insights

Total revenues grew 38% year-over-year to $74.8 million in Q1 2021Subscription revenues increased 120% to $44.8 million year-over-yearAnnual recurring revenues grew to $306.9 million, a 39% increase over first quarter 2020

Varonis Announces First Quarter 2021 Financial Results

Varonis Systems (VRNS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Varonis Systems (VRNS)

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Zscaler and Varonis Systems are among Wedbush Securities' top 7 cybersecurity stocks heading into what the investment firm believes will be a "strong" earnings season for the sector. In a note to clients on Sunday, analyst Dan Ives and his team said they're expecting a robust March earnings season for the cybersecurity space due to a growing threat landscape for tech companies and a continued shift to the cloud.

Zscaler and Varonis Systems are among the top 7 cybersecurity stocks this earnings season, Wedbush says (VRNS, ZS, TLS, SAIL, TENB, PANW, FTNT)

Varonis is available to DoD agencies processing and managing IL5 data Varonis is available to DoD agencies processing and managing IL5 data

Varonis Announces Support for Microsoft Azure Government for DoD/IL5

Varonis is available to federal customers leveraging GCC/IL2 and GCC High/IL4 Varonis is available to federal customers leveraging GCC/IL2 and GCC High/IL4

Varonis Announces Support for Microsoft's Government Community Cloud

NEW YORK, April 08, 2021 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced that it will report its first quarter 2021 financial results following the close of the U.S. financial markets on Monday, May 3, 2021.

Varonis Announces Date of First Quarter 2021 Financial Results

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Here's a first look at Varonis and its Q4 earnings report.

Is Varonis the Most Underrated Cybersecurity Stock?

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Varonis recognizes channel partners for their commitment to helping organizations protect data from insider threats and advanced cyberattacks Varonis recognizes channel partners for their commitment to helping organizations protect data from insider threats and advanced cyberattacks

Varonis Recognizes 2020 Channel Partner Award Winners

Varonis Systems, Inc. (NASDAQ: VRNS) priced 2.307 million shares at $195 per share to raise $450 million in its upsized secondary offering. The offer price is at a 2% premium to its last closing price and was upsized from $400 million earlier.

Varonis Systems Raises $450M In Upsized Secondary Offering

NEW YORK, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) (“Varonis”) today announced it has priced its upsized underwritten public offering of 2,307,693 shares of its common stock, at a price of $195.00 per share, for total gross proceeds of approximately $450 million, before deducting the underwriters' discount and estimated offering expenses payable by Varonis. Varonis granted the underwriters of the offering a 30-day option to purchase up to an additional 346,153 shares of common stock. The offering is expected to close on February 16, 2021, subject to customary closing conditions.

Varonis Systems, Inc. Announces Pricing of Upsized Follow-on Offering of Common Stock

On Wednesday, Varonis Systems got an upgrade for its IBD SmartSelect Composite Rating from 91 to 97. The post Varonis Systems Sees Composite Rating Improve To 97 appeared first on Investor's Business Daily.

Varonis Systems Sees Composite Rating Improve To 97

NEW YORK, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) (“Varonis”) today announced the launch of an underwritten public offering of $400.0 million of shares of its common stock. Varonis expects to grant the underwriters of the offering a 30-day option to purchase up to $60.0 million of additional shares of common stock. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Varonis Systems, Inc. Announces Proposed Follow-on Offering of Common Stock

The cybersecurity specialist reported quarterly results and announced a stock split.

Why Varonis Stock Jumped Today

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