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.

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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.

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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.

Independent Research Firm report asserts, "Varonis is a top choice for organizations prioritizing deep data visibility, classification capabilities, and automated remediation for data access" Independent Research Firm report asserts, "Varonis is a top choice for organizations prioritizing deep data visibility, classification capabilities, and automated remediation for data access"

Varonis Named a Leader in Data Security Platforms

Varonis is a pioneer company in the protection and digital security systems and security for data and information. I believe that what makes the company very different is the ability to follow the activity of millions of users.

Varonis Systems: Cheap Cyber Security Play

Varonis (VRNS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Varonis (VRNS): Can Its 8.1% Jump Turn into More Strength?

NEW YORK, March 14, 2023 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, is hosting an Investor Day today, in New York, beginning at 9.00 a.m. ET. Members of the Varonis executive management team will provide an update on the company's vision and SaaS transition strategy followed by a question and answer session.

Varonis Hosts Investor Day

Varonis' annual channel awards honor partners that have gone above and beyond to safeguard data for customers worldwide Varonis' annual channel awards honor partners that have gone above and beyond to safeguard data for customers worldwide

Varonis Announces Partners in Excellence Award Winners

Fortinet

Palo Alto Networks

Zacks Security industry participants like PANW, FTNT and VRNS are benefiting from the current hybrid working trend and digital transformation wave.

3 Stocks to Buy From a Flourishing Security Industry

NEW YORK, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, today announced that it has been named by CRN ® , a brand of The Channel Company, in its annual Security 100 list. Recognizing leading IT channel security leaders, the Security 100 list honorees bring a combination of channel focus and trailblazing, innovative technology to solution providers.

Varonis Featured on CRN's 2023 Security 100 List

Varonis Systems, Inc. (NASDAQ:VRNS ) Q4 2022 Earnings Conference Call February 3, 2023 4:30 PM ET Company Participants Tim Perz - IR Yaki Faitelson - CEO, President, Co Founder and Chairman Guy Melamed - CFO and COO Conference Call Participants Hamza Fodderwala - Morgan Stanley Saket Kalia - Barclays Fatima Boolani - Citi Joel Fishbein - Truist Securities Brian Essex - JPMorgan Roger Boyd - UBS Shaul Eyal - Cowen Joseph Gallo - Jefferies Rob Owens - Piper Sandler Chad Bennett - Craig Hallum Andrew Nowinski - Wells Fargo Shrenik Kothari - Robert W. Baird Joshua Tilton - Wolfe Research Erik Suppiger - JMP Securities Shebly Seyrafi - FBN Securities Operator Welcome to the Varonis Systems, Inc. Fourth Quarter 2022 Earnings Conference Call.

Varonis Systems, Inc. (VRNS) Q4 2022 Earnings Call Transcript

Varonis (VRNS) delivered earnings and revenue surprises of 23.53% and 1.45%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Varonis Systems (VRNS) Q4 Earnings and Revenues Beat Estimates

NEW YORK, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced that it will host an Investor Day on Tuesday, March 14, 2023, in New York. Members of the Varonis executive management team will provide an update on the company's vision and SaaS transition strategy followed by a question and answer session. The event will begin at 9:00 a.m. ET. Further details will be provided closer to the event.

Varonis To Host Investor Day on March 14, 2023

Annual recurring revenues grew 20% year-over-yearFourth quarter total revenues grew 13% year-over-yearApproximately 10% SaaS mix of new business and upsell ARR in the fourth quarter

Varonis Announces Fourth Quarter and Full-Year 2022 Financial Results

World-class cybersecurity team will proactively monitor customer data and respond to threats

Varonis Announces Proactive Incident Response for SaaS Customers

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) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

One-click remediation of cloud misconfigurations is a game-changer for data security posture management (DSPM) One-click remediation of cloud misconfigurations is a game-changer for data security posture management (DSPM)

Varonis Launches Automated Posture Management to Effortlessly Fix Cloud Security Risks

Effortlessly eliminate cloud data exposure with the industry's first fully autonomous remediation engine Effortlessly eliminate cloud data exposure with the industry's first fully autonomous remediation engine

Varonis Introduces Least Privilege Automation for Microsoft 365, Google Drive, and Box

NEW YORK, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced that it will report its fourth quarter and full-year 2022 financial results following the close of the U.S. financial markets Monday, February 6, 2023.

Varonis Announces Date of Fourth Quarter and Full-Year 2022 Financial Results

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Varonis Systems, Inc. weakening in EMEA could possibly spill over into the U.S. market. Varonis Systems losses continue to rise even as headwinds get more challenging.

Varonis Systems: Not Much To Feel Good About In The Near Term

Varonis earns the industry's "gold standard" for security, confidentiality, availability, privacy, and processing integrity Varonis earns the industry's "gold standard" for security, confidentiality, availability, privacy, and processing integrity

Varonis' Cloud-Hosted Data Security Platform Achieves SOC 2 Type II Compliance

NEW YORK, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced its participation at the following upcoming conferences:

Varonis to Present at December Investor Conferences

NEW YORK , Nov. 14, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Varonis Systems, Inc. ("Varonis" or the "Company") (NASDAQ: VRNS).  Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Varonis Systems, Inc. - VRNS

Los Angeles, California--(Newsfile Corp. - November 9, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Varonis Systems, Inc. ("Varonis" or "the Company") (NASDAQ: VRNS) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

ONGOING INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in Varonis Systems, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - November 8, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Varonis Systems, Inc. ("Varonis" or "the Company") (NASDAQ: VRNS) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

ONGOING INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Varonis Systems, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - November 7, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Varonis Systems, Inc. ("Varonis" or "the Company") (NASDAQ: VRNS) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in Varonis Systems, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - November 4, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Varonis Systems, Inc. ("Varonis" or "the Company") (NASDAQ: VRNS) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

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