AI and data security honors include leadership in AI security and compliance, excellence in data security posture management, and groundbreaking cybersecurity researchMIAMI and SAN FRANCISCO, March 24, 2026 (GLOBE NEWSWIRE) -- RSA CONFERENCE, Booth N-5457 -- Varonis Systems, Inc. (NASDAQ: VRNS) announced it has been named a winner of five Global InfoSec Awards at RSA Conference 2026. The Global InfoSec Awards, presented by Cyber Defense Magazine, honor cybersecurity companies that demonstrate unique, compel ...

Visit North Hall, booth #5457, where Varonis will be showcasing its new Atlas AI security platform, and learn how to secure AI and data at scaleMIAMI, March 18, 2026 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the data and AI security leader, is proud to return to the RSA Conference as a Platinum Plus Sponsor. Varonis' highlights at RSA Conference 2026 include a mainstage keynote covering how AI is impacting and transforming security, sessions on AI risks and attack techniques, and a full rost ...

New AI Security Platform gives organizations complete visibility and control over AI systems they build and run Varonis Launches Atlas to Secure AI and the Data That Powers It Varonis Atlas helps organizations see and control AI across the enterprise. MIAMI, March 17, 2026 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ: VRNS), the data and AI security leader, today announced the general availability of Varonis Atlas, an end-to-end AI Security Platform that helps organizations see and control AI across ...

Core Insights - Tremblant Capital Group acquired 3,058,524 shares of Varonis Systems, with an estimated transaction value of approximately $128.40 million based on the quarterly average pricing [1][2] - Varonis Systems' market capitalization is $2.99 billion, with a revenue of $623.53 million and a net income of -$129.32 million for the trailing twelve months [4] - The company's stock price as of February 17, 2026, was $25.32, reflecting a decline of about 40% over the past year, compared to the S&P 500's gain of roughly 20% in the same period [8] Company Overview - Varonis Systems specializes in software for securing, managing, and analyzing enterprise data, focusing on data-centric security and compliance solutions [6][9] - The company offers various software products, including DatAdvantage, DatAlert, and Data Classification Engine, generating revenue from licensing, maintenance, and support services [9] - Varonis serves IT, security, and business personnel across North America, EMEA, and internationally, targeting organizations with sensitive and regulated data [9] Financial Performance - In 2025, Varonis generated approximately $623.5 million in revenue, representing a year-over-year increase of 13% [11] - The company's annual recurring revenue (ARR) reached about $745 million, up 16% year-over-year, with SaaS ARR climbing to approximately $638.5 million, accounting for roughly 86% of total recurring revenue [11] - The transition to a fully SaaS model has faced challenges, but the improving financial backdrop may attract investors [10][11] Investment Implications - Cybersecurity investors are increasingly focused on companies that can scale recurring revenue, particularly during the shift from legacy software licensing to subscription-based platforms [7] - Varonis Systems represented 2.94% of Tremblant Capital Group's 13F reportable assets as of December 31, 2025, indicating a significant investment interest [8]

Core Viewpoint - Faruqi & Faruqi, LLP is reminding Varonis investors of the deadline to seek lead plaintiff status in a federal securities class action lawsuit, which alleges that Varonis Systems, Inc. made false and misleading statements regarding its business performance and growth potential [1]. Group 1: Legal Action and Deadlines - The deadline for investors to seek lead plaintiff status in the class action lawsuit against Varonis is March 9, 2026 [1]. - Investors who purchased Varonis securities between February 4, 2025, and October 28, 2025, are encouraged to contact Faruqi & Faruqi for legal options [1]. Group 2: Allegations Against Varonis - The lawsuit claims that Varonis and its executives violated federal securities laws by providing overly positive statements while concealing material adverse facts about the company's ability to convert its customer base to a SaaS model [1]. - The complaint highlights that Varonis was not adequately equipped to convince existing users of the benefits of its SaaS offering, leading to reduced annual recurring revenue (ARR) growth potential [1]. Group 3: Financial Impact - On October 28, 2025, Varonis reported a significant miss in ARR and lowered its full-year guidance, attributing this to weaker-than-expected renewals and conversions in its subscription business [1]. - Following the announcement, Varonis' stock price plummeted from $63.00 per share to $32.34 per share on October 29, 2025, marking a decline of approximately 48.67% in one day [1].

Core Viewpoint - A securities class action lawsuit has been filed against Varonis Systems, Inc. and certain executives, alleging that they concealed significant issues in the company's Federal vertical and legacy on-premises business while promoting a successful transition to a Software-as-a-Service (SaaS) model [1][2]. Company Performance and Allegations - The lawsuit claims that Varonis executives misrepresented the company's ability to convert existing customers to the SaaS model, stating they were "well on our way" to a SaaS future, while the reality showed struggles in the Federal renewal cycle [5][9]. - Following a disclosure on October 28, 2025, Varonis reported a 63.9% year-over-year decline in term license revenue and reduced its Annual Recurring Revenue (ARR) outlook, leading to a 48% drop in stock price from $63.00 to $32.34, resulting in a loss of approximately $3.8 billion in market value [3][9]. Investor Actions - Hagens Berman is encouraging investors who suffered losses during the class period (February 4, 2025 – October 28, 2025) to submit their claims, with a lead plaintiff deadline set for March 9, 2026 [4][7][8].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Varonis Systems, Inc. during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Varonis common stock between February 4, 2025, and October 28, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by March 9, 2026 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that Varonis made materially false and misleading statements regarding its ability to maintain Annual Recurring Revenue (ARR) projections while transitioning customers to a software-as-a-service (SaaS) model [5]. - It is claimed that Varonis was not adequately prepared to convince existing users of the benefits of the SaaS offering, leading to reduced ARR growth potential [5]. - The lawsuit asserts that the misleading statements about Varonis' business and prospects resulted in investor damages when the true situation became known [5].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Varonis Systems, Inc. during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors who bought Varonis common stock between February 4, 2025, and October 28, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by March 9, 2026 [2] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in recovering hundreds of millions for investors [3] - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 by ISS Securities Class Action Services in 2017 and securing over $438 million for investors in 2019 [3] Group 3: Case Allegations - The lawsuit alleges that Varonis made materially false and misleading statements regarding its ability to maintain Annual Recurring Revenue (ARR) projections while transitioning customers to a software-as-a-service (SaaS) model [4] - It is claimed that Varonis was not adequately prepared to convince existing users of the benefits of the SaaS offering, leading to reduced ARR growth potential [4] - The lawsuit asserts that the misleading statements resulted in investor damages when the true details became public [4]

Core Viewpoint - Varonis Systems, Inc. is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934, with claims that the company misrepresented its revenue outlook and growth potential during the class period from February 4, 2025, to October 28, 2025 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Varonis executives created a false impression of reliable revenue projections while downplaying risks associated with seasonality and macroeconomic factors [2]. - It is alleged that Varonis' optimistic reports regarding growth and sales effectiveness were misleading, as the company struggled to maintain its annual recurring revenue growth without high quarterly conversion rates [2]. - Following the release of disappointing third-quarter results on October 28, 2025, which led to a lowered full-year guidance, Varonis' stock price plummeted nearly 49% [3]. Group 2: Legal Process and Representation - Investors who purchased Varonis common stock during the class period can seek appointment as lead plaintiff in the class action lawsuit, representing the interests of all class members [4]. - The lead plaintiff will have the authority to select a law firm for litigation, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [4]. Group 3: Firm Background - Robbins Geller Rudman & Dowd LLP is a leading firm in complex class action litigation, having recovered over $916 million for investors in 2025 alone, marking its fourth 1 ranking in the past five years [5]. - The firm has a strong track record, recovering a total of $8.4 billion for investors over the last five years, significantly more than any other law firm [5].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Varonis Systems, Inc. during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Varonis common stock between February 4, 2025, and October 28, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by March 9, 2026 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that Varonis made materially false and misleading statements regarding its ability to maintain Annual Recurring Revenue (ARR) projections while transitioning customers to a software-as-a-service (SaaS) model [5]. - It is claimed that Varonis was not adequately prepared to convince existing users of the benefits of the SaaS offering, leading to reduced ARR growth potential [5]. - The lawsuit asserts that the positive statements made by Varonis about its business and prospects were materially misleading and lacked a reasonable basis, resulting in investor damages when the truth was revealed [5].