Varonis Systems Inc

VRNS: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Varonis Earnings: Data Security Vendor Turns In Another Strong Quarter, but Shares Heated

Malik Ahmed Khan

Oct 30, 2024

Varonis Systems reported solid third-quarter financial results, with sales and profitability ahead of our estimates. The company's transition to a cloud-based software-as-a-service offering remains on track, making up 43% of overall annual recurring revenue, up from 15% a year ago.

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Varonis Systems Inc

Varonis Earnings: Data Security Vendor Turns In Another Strong Quarter, but Shares Heated

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