MARKET COMPOSITE
VRNS - Varonis Systems Inc4:34:03 PM 3/28/2024
Price
$48.16
+ 0.85 (1.80%)
Varonis Systems is a software company with headquarters in New York City with R&D offices in Herzliya, Israel. They developed a security software platform that allows organizations track, visualize, analyze and protect unstructured data. Varonis performs User Behavior Analytics that identifies abnormal behavior from cyberattacks. Their software extracts metadata from an enterprise’s IT infrastructure and uses this information to map relationships among employees, data objects, content, and usage. Varonis Systems was founded in 2005 by Yaki Faitelson and Ohad Korkus, in order to address security issues such as file activity tracking, information rights management, and access control. Prior to Varonis, Faitelson and Korkus worked at the global professional services and systems integration divisions of NetVision and NetApp.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue154.1MM+26%
Gross Profit134.8MM+28%
Cost Of Revenue19.3MM+11%
Operating Income-5.2MM-82%
Operating Expenses140MM+4%
Net Income-898K-96%
R&D48.1MM+7%
G&A21.3MM+3%
Marketing70.6MM+3%
Amortization381K-0%
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Stock news

    In-person events across North America and EMEA spotlight DSPM, generative AI data security, and Managed Data Detection and Response (MDDR)NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, will kick off Connect! 2024, the company's annual customer event series. The events begin in March and will be held in 20 cities across North America and Europe. Varonis Connect! events provide a mix of educational sessions, insights to help customers

    41 state attorneys general have penned a letter to Meta Platforms (NASDAQ:META) expressing concerns over the increasing number of complaints about hacked Facebook and Instagram accounts, as Wired reported last week. There could be a solution to this. One of them is for Meta to scour the landscape of cybersecurity stocks and select some for acquisition targets. Some of the illicit activities the platform faces include charging large sums to stored credit cards or running unauthorized advertisemen

    Varonis Systems, Inc. ( NASDAQ:VRNS ), might not be a large cap stock, but it led the NASDAQGS gainers with a...

    DSPM leader is honored for the sixth year in a row for continued innovation in automating security outcomesNEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) today announced it has been named by CRN®, a brand of The Channel Company, to its Security 100 list. The list honors security vendors who demonstrate superior commitment to working with channel partners to protect businesses from cyber threats. Varonis was chosen in recognition of its ongoing innovation as a to

    NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced its participation at the following upcoming conferences: The Morgan Stanley Technology, Media & Telecom Conference, March 4 – 7, in San Francisco. The presentation is scheduled for March 4 at 12:40 p.m. PT.The JMP Securities Technology Conference, March 4 – 5, in San Francisco. The presentation is scheduled for March 5 at 9:00 a.m. PT. The audio presentations will be webcast liv

    David Bass, EVP Engineering and CTO of Varonis Systems Inc (NASDAQ:VRNS), sold 130,000 shares of the company on February 9, 2024, according to a recent SEC filing.

    Director Ofer Segev executed a sale of 5,000 shares of Varonis Systems Inc (NASDAQ:VRNS) on February 9, 2024, according to a recent SEC Filing.

    The major indexes rallied for slim gains, with Palantir surging. Elf Beauty, Fortinet and Snap led earnings movers late.

    Baron Funds, an investment management company, released its “Baron Discovery Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. In 2023, the fund (Institutional Shares) returned 22.58% outperforming the 18.66% return for the Russell 2000 Growth Index. In Q4, the fund returned 12.44% compared to a 12.75% return for the […]

    Shares of data protection and security software company Varonis (NASDAQ:VRNS) jumped 10% in the morning session after the company reported third-quarter results that exceeded analysts' revenue, billings, free cash flow, and EPS estimates. Despite macro challenges, the company continued to make progress on its transition to a subscription-based model with a SaaS mix at 66% of revenues (versus guidance of 60%). On the other hand, despite the improvements, its full-year revenue guidance missed Wall