Varonis Systems, Inc. (VRNS)
Market Cap | 4.84B |
Revenue (ttm) | 550.95M |
Net Income (ttm) | -95.77M |
Shares Out | 112.55M |
EPS (ttm) | -0.86 |
PE Ratio | n/a |
Forward PE | 270.86 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,070,033 |
Open | 43.40 |
Previous Close | 43.09 |
Day's Range | 42.63 - 43.40 |
52-Week Range | 39.62 - 60.58 |
Beta | 0.83 |
Analysts | Buy |
Price Target | 59.38 (+38.19%) |
Earnings Date | Feb 4, 2025 |
About VRNS
Varonis Systems, Inc. provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of world. Its software protects structured and unstructured data in SaaS, IaaS, and on-premises. In the cloud, the company secures data and resources in AWS, Microsoft Azure, and Google Cloud and in SaaS applications including Salesforce, Snowflake, ServiceNow, Microsoft 365, Google Drive, Box, and others; and On-p... [Read more]
Financial Performance
In 2024, Varonis Systems's revenue was $550.95 million, an increase of 10.38% compared to the previous year's $499.16 million. Losses were -$95.77 million, -5.10% less than in 2023.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for VRNS stock is "Buy." The 12-month stock price forecast is $59.38, which is an increase of 38.19% from the latest price.
News
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Varonis Named to CRN's 2025 Security 100 List
MIAMI, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) announced it has been named by CRN® , a brand of The Channel Company, to its Security 100 list. The annual list recognizes...
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Varonis Wins SiliconANGLE Media's Tech Innovation CUBEd Award
MIAMI, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) announced it has been named the winner of SiliconANGLE Media's inaugural 2025 Tech Innovation CUBEd Awards in the Top Data...
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Varonis at ViVE 2025: Reduce the PHI Blast Radius and Safely Enable AI With Automation
MIAMI, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced its upcoming participation at ViVE 2025, February 16 – 19 in Nashville, Tenn. ...
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Varonis Announces $100 Million Share Repurchase Authorization
MIAMI, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced that its board of directors authorized a share repurchase program allowing repurchas...
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Varonis Systems: Share Price Weakness Is Not Due To Poor Demand
I maintain a buy rating on Varonis Systems, despite the recent share price drop due to short-term concerns over flat ARR growth and weaker margins. VRNS's SaaS transition is ahead of schedule, and exp...
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Varonis Systems, Inc. (VRNS) Q4 2024 Earnings Call Transcript
Varonis Systems, Inc. (NASDAQ:VRNS) Q4 2024 Earnings Conference Call February 4, 2025 4:30 PM ET Company Participants Tim Perz - IR Yaki Faitelson - CEO Guy Melamed - CFO and COO Conference Call Part...
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Varonis Announces Fourth Quarter 2024 and Full-Year 2024 Financial Results
Annual recurring revenues grew 18% year-over-yearSaaS ARR as a percentage of total ARR was approximately 53%Year-to-date cash from operations generated $115.2 million vs. $59.4 million last yearYear-t...
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Varonis Named a Leader for Second Consecutive Year in GigaOm's Radar Report for Data Security Platforms
NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced it was named a Leader and Outperformer in the GigaOm Radar Report for Data ...
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Varonis Announces Date of Fourth Quarter 2024 Financial Results
NEW YORK, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced that it will report its fourth quarter 2024 financial results following the close...
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Varonis Systems: Price Drop Is An Attractive Entry Point As Fundamentals Remain Strong
I reiterate a buy rating for Varonis Systems (VRNS) as the recent share price dip to $48 presents an attractive entry point for investors. VRNS fundamentals remain strong with accelerating revenue gro...
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Varonis Broadens Data Security Coverage to ServiceNow
NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), today announced it extended its data security coverage to ServiceNow. The integration expands Varonis' coverage to con...
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Varonis Expands Data Security Coverage to Databricks
NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), today announced it expanded its data security coverage to Databricks. The latest integration broadens Varonis' extensi...
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Varonis Extends Cloud Data Security Coverage to Google Cloud
NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), today announced the expansion of its IaaS security coverage to Google Cloud. The latest integration broadens Varonis' ...
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Varonis Systems, Inc. (VRNS) Q3 2024 Earnings Call Transcript
Varonis Systems, Inc. (NASDAQ:VRNS) Q3 2024 Results Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Tim Perz - Vice President of Investor Relations Yaki Faitelson - Chief Ex...
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Varonis Systems: 3 Factors That Make It A Buy
I recommend Varonis Systems as a 'Buy' due to re-accelerating revenue growth, strong price momentum, and significant insider buying. Despite having not produced an operating profit, Varonis is already...
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Varonis Announces Date of Third Quarter 2024 Financial Results
NEW YORK, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced that it will report its third quarter 2024 financial results following the close ...
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Varonis Systems, Inc. Announces Pricing of its Upsized $400 Million of Convertible Senior Notes
NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) (“Company” or “Varonis”), announced today that it priced a private offering of $400 million aggregate principal amount...
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Varonis Systems, Inc. Announces Proposed Offering of $350 Million of Convertible Senior Notes
NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) (“Company” or “Varonis”) announced today its intention to offer $350.0 million aggregate principal amount of Convertib...
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Varonis to Present at Upcoming Investor Conference
NEW YORK, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced its participation at the following upcoming conference:
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Varonis Announces AI-Powered Data Discovery and Classification
NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced powerful new AI capabilities that enhance its industry-leading data classif...
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Varonis Systems: Firing On All Cylinders
I stay buy rated given the accelerating growth due to successful SaaS transition and strong MDDR adoption. 2Q24 earnings beat expectations with total revenue growth at a new high, driving optimism for...
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These Analysts Raise Their Forecasts On Varonis Systems Folloiwng Upbeat Results
Varonis Systems VRNS reported better-than-expected second-quarter financial results and raised its FY24 guidance on Monday.
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Varonis Systems, Inc. (VRNS) Q2 2024 Earnings Call Transcript
Varonis Systems, Inc. (NASDAQ:VRNS) Q2 2024 Earnings Conference Call July 29, 2024 4:30 PM ET Company Participants Tim Perz - Director of Investor Relations Yaki Faitelson - Chief Executive Officer, ...
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Varonis at Black Hat USA 2024: Deploying Copilots Safely and Reducing Your AI Blast Radius
NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, proudly announced its full conference schedule for Black Hat USA and participation as a Pla...
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Varonis Announces Date of Second Quarter 2024 Financial Results
NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced that it will report its second quarter 2024 financial results following the close...