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 Systems reported its Q2 2022 financial results on August 1, 2022. The firm provides data security software to organizations worldwide.

Varonis Systems Grows Revenue But Operating Losses And Risks Remain High

The data security leader announces enhancements that detect and remediate overexposed private keys, encryption certificates, API keys, and authentication tokens

Varonis Adds Secrets Discovery to Industry-Leading Data Classification Solution

Varonis Systems helps businesses understand, manage and secure their data. The company has recently beat analyst estimates for Q2 '22, beating both top and bottom line growth estimates.

Varonis: Value, Growth, And Huge Data Security Tailwinds

Data security leader adds game-changing new features for Salesforce admins, saving them hours in their day while improving Salesforce security posture Data security leader adds game-changing new features for Salesforce admins, saving them hours in their day while improving Salesforce security posture

Varonis Unveils One-Click Permissions Comparison and Analysis for Salesforce

NEW YORK,, Aug. 30, 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 September Investor Conferences

NEW YORK, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced its participation at the KeyBanc Capital Markets Technology Leadership Forum, August 7 – 9 in Vail, Colorado. The presentation is scheduled for August 9 at 1:30 p.m. ET.

Varonis to Present at KeyBanc Capital Markets Technology Leadership Forum

Visit Varonis at booth #2934 to gauge your SaaS data security posture, reduce exposure, detect threats, and prove compliance Visit Varonis at booth #2934 to gauge your SaaS data security posture, reduce exposure, detect threats, and prove compliance

Varonis Showcases Data-First Security for Salesforce and AWS at Black Hat USA 2022

Varonis Systems is a U.S.-based provider of software that can protect data from both insider and outsider cyber threats. The data security market is expected to grow at very high rates.

Varonis Systems: Pioneer In Data Security Market

The tech company's annual recurring revenue momentum and management's robust top-line outlook have investors looking up.

Why Varonis Systems Stock Jumped on Tuesday

Call Start: 16:30 January 1, 0000 5:12 PM ET Varonis Systems, Inc. (NASDAQ:VRNS ) Q2 2022 Earnings Conference Call August 1, 2022 16:30 ET Company Participants James Arestia - Vice President of Investor Relations Yaki Faitelson - Co-Founder, President & Chief Executive Officer Guy Melamed - Chief Financial Officer & Chief Operating Officer Conference Call Participants Matt Hedberg - RBC Capital Markets Joseph Gallo - Jefferies Fatima Boolani - Citigroup Joel Fishbein - Truist Securities Rob Owens - Piper Sandler Shaul Eyal - Cowen & Company Saket Kalia - Barclays Andrew Nowinski - Wells Fargo Chad Bennett - Craig-Hallum Capital Group Hamza Fodderwala - Morgan Stanley Shebly Seyrafi - FBN Securities Joshua Tilton - Wolfe Research Operator Greetings. Welcome to Varonis Systems, Inc. Second Quarter 2022 Earnings Conference Call.

Varonis Systems, Inc. (VRNS) CEO Yaki Faitelson on Q2 2022 Results - Earnings Call Transcript

Varonis (VRNS) delivered earnings and revenue surprises of 100% and 0.04%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Varonis Systems (VRNS) Reports Break-Even Earnings for Q2

Annual recurring revenues grew 30% year-over-year to $426.3 millionTotal revenues grew 26% year-over-year to $111.4 millionAdjusted for constant currency and Russia, annual recurring revenues grew 32% year-over-year and total revenues grew 30% year-over-year, respectively

Varonis Announces Second Quarter 2022 Financial Results

NEW YORK, July 11, 2022 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced that it will report its second quarter 2022 financial results following the close of the U.S. financial markets Monday, August 1, 2022.

Varonis Announces Date of Second Quarter 2022 Financial Results

A recent downgrade by an analyst sent the stock tumbling.

Why Varonis Stock Is Falling Today

New capabilities deliver accurate, scalable data classification for S3 buckets to help organizations slash sensitive data exposure New capabilities deliver accurate, scalable data classification for S3 buckets to help organizations slash sensitive data exposure

Varonis Strengthens Cloud Security Offering with Data Discovery and Classification for Amazon S3

Varonis' DatAdvantage Cloud solution receives Level 1 certification for meeting strict data security standards Varonis' DatAdvantage Cloud solution receives Level 1 certification for meeting strict data security standards

Varonis Achieves Cloud Security Alliance STAR Certification

Visit Varonis at North Hall, Booth #5545 to learn how to gain visibility into your SaaS and IaaS data and reduce your ransomware blast radius Visit Varonis at North Hall, Booth #5545 to learn how to gain visibility into your SaaS and IaaS data and reduce your ransomware blast radius

RSAC 2022: Varonis Spotlights Data-First Security in the Cloud with Gold Sponsorship

Varonis hires cybersecurity industry professionals in India, Singapore, and Japan to lead sales and business development initiatives Varonis hires cybersecurity industry professionals in India, Singapore, and Japan to lead sales and business development initiatives

Varonis Expands Asia-Pacific Operations with Appointment of Country Executives

Varonis reported a mixed quarter and provided guidance that was also mixed. Revenue from Russia was written down, impacting revenue and guidance. Excluding the revenue/ARR impact, the company still maintained full-year guidance, citing strong demand for its products and services.

Varonis: Mixed Quarter, Unique Assets, And Weakness Means A Buying Opportunity

Varonis Systems, Inc. (NASDAQ:VRNS ) Q1 2022 Earnings Conference Call May 2, 2022 4:30 PM ET Company Representatives Yaki Faitelson - Chief Executive Officer Guy Melamed - Chief Financial Officer, Chief Operating Officer James Arestia - Vice President of Investor Relations Conference Call Participants Matt Hedberg - RBC Capital Markets Joseph Gallo - Jefferies Fatima Boolani - Citi Joel Fishbein - Truist Andrew Nowinski - Wells Fargo Matt Saltzman - Morgan Stanley Chad Bennett - Craig-Hallum Billy Fitzsimmons - William Blair Saket Kalia - Barclays Shaul Eyal - Cowen and Company Shebly Seyrafi - FBN Securities Joshua Tilton - Wolfe Research Operator Greetings! And welcome to the Varonis Systems Incorporated, First Quarter 2022 Earnings Conference Call.

Varonis Systems, Inc. (VNS) CEO Yaki Faitelson on Q1 2022 Results - Earnings Call Transcript

Annual recurring revenues grew to $404.5 million, a 32% increase year-over-yearTotal revenues grew 29% year-over-year to $96.3 million in Q1 2022

Varonis Announces First Quarter 2022 Financial Results

New capabilities identify excessive permissions and misconfigurations, classify sensitive data in files and attachments, and detect data exfiltration attempts New capabilities identify excessive permissions and misconfigurations, classify sensitive data in files and attachments, and detect data exfiltration attempts

Varonis Announces Trailblazing Features for Securing Sensitive Data in Salesforce

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.

Analysts Estimate Varonis Systems (VRNS) to Report a Decline in Earnings: What to Look Out for

NEW YORK, April 11, 2022 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced that it will report its first quarter 2022 financial results following the close of the U.S. financial markets Monday, May 2, 2022.

Varonis Announces Date of First Quarter 2022 Financial Results

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.

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