Core Insights - Varonis Systems, Inc. reported a 19% year-over-year growth in annual recurring revenues (ARR), reaching $664.3 million as of March 31, 2025 [6][5][2] - The company's SaaS ARR constituted approximately 61% of total ARR, indicating strong adoption of its SaaS platform [2][5] - Year-to-date cash from operations was $68.0 million, up from $56.7 million in the previous year, while free cash flow increased to $65.3 million from $56.4 million [6][5] Financial Performance - Total revenues for the first quarter were $136.4 million, compared to $114.0 million in the same quarter of 2024, reflecting a significant increase [5][24] - SaaS revenues surged to $88.6 million from $34.0 million year-over-year, while term license subscription revenues decreased to $31.5 million from $56.0 million, primarily due to customer transitions to the SaaS model [5][24] - Maintenance and services revenues also declined to $16.4 million from $24.1 million, again attributed to the shift towards SaaS [5][24] Operational Highlights - The company repurchased 1.5 million shares at an average price of $41.49, totaling $61.3 million [6] - Varonis acquired Cyral, enhancing its Data Security Platform with next-generation Database Activity Monitoring capabilities [6] - The launch of Varonis for Agentforce provides critical visibility into the AI layer of the Salesforce platform, facilitating safe AI rollouts [6] Cash Flow and Liquidity - As of March 31, 2025, Varonis had $1.2 billion in cash and cash equivalents, short-term deposits, and marketable securities [6] - The company generated $68.0 million in cash from operations during the first quarter, marking an increase from the previous year's $56.7 million [6][30] - Free cash flow for the quarter was $65.3 million, up from $56.4 million in the prior year [6][30] Future Outlook - Varonis anticipates raising its full-year ARR guidance due to strong SaaS adoption and underlying business drivers, despite a challenging macroeconomic environment [2][5] - The company expects revenues for the full year 2025 to be between $610.0 million and $625.0 million, reflecting year-over-year growth of 11% to 13% [12]

Core Insights - Varonis Systems, Inc. has been recognized with four Global Infosec Awards at the RSA Conference 2025 for its excellence in data security and innovative solutions [1][2][3] Group 1: Awards and Recognition - Varonis won the Innovative Service award for its Managed Data Detection and Response [2] - The Varonis Data Security Platform received the Editor's Choice for Cloud Security, the Market Innovator award for Data-Centric Security, and the Market Innovator award for Data Security Posture Management [2][3] Group 2: Technology and Solutions - The Varonis Data Security Platform is noted for its ability to find, fix, and alert to threats across IaaS, SaaS, and hybrid environments using advanced automation [3] - Varonis emphasizes its role in helping organizations protect data and reduce risk, particularly in the context of AI advancements [3][4] Group 3: Company Philosophy and Approach - Varonis aims to go beyond merely identifying issues by providing automated solutions that help customers avoid breaches and fines, thereby alleviating the workload of security teams [4] - The company focuses on understanding future threats and innovating in ways that mitigate cyber risks [4]

Core Insights - Varonis Systems, Inc. is leading the data security sector and will feature Matt Radolec at the RSA Conference 2025 to discuss leveraging gaming talent to address the cybersecurity skills gap [1][2][3] Company Overview - Varonis is recognized as a leader in data security, focusing on a different approach compared to traditional cybersecurity firms [5] - The company offers a cloud-native Data Security Platform that continuously discovers and classifies critical data, removes exposures, and detects advanced threats using AI-powered automation [5][6] Event Participation - Matt Radolec will present on "Addressing the Cybersecurity Skills Gap with Gamer Talent" at the RSA Conference, highlighting the application of gaming principles to enhance cybersecurity talent [1][3] - Varonis will have a presence at the RSA Conference, inviting attendees to visit their booth to learn about their solutions for reducing data risk in the AI era [4] Product and Services - Varonis provides a range of automated security outcomes, including data security posture management, data classification, data access governance, data detection and response, data loss prevention, AI security, and insider risk management [6]

Core Insights - Varonis Systems, Inc. has introduced agentic AI to enhance its Managed Data Detection and Response (MDDR) offering, aiming to provide continuous data defense for customers [1][4] - The integration of AI is a response to the increasing sophistication of automated attacks, allowing Varonis to improve incident triage, investigation, and containment [2][4] - Varonis' agentic AI operates autonomously, enabling human analysts to focus on more complex tasks while improving over time through learning from historical incidents [4] Company Overview - Varonis is recognized as a leader in data security, differentiating itself from traditional cybersecurity firms by focusing on data protection [5][6] - The company offers a cloud-native Data Security Platform that automates various security outcomes, including data classification and insider risk management [6] Customer Engagement - Thousands of organizations globally rely on Varonis for data protection across various environments, including SaaS, IaaS, and hybrid cloud [6] - Varonis emphasizes a proactive approach to data security, ensuring that data is protected first rather than as an afterthought [6]

With Varonis AI Shield, customers have always-on defense to ensure the secure use of AI, including: AI security is data security. AI Shield helps employees use AI without putting data at risk, ensuring only the right people — and agents — have access to data, that use is monitored, and abuse is flagged. The leader in data security continuously prevents unnecessary sensitive data access by AI tools MIAMI and SAN FRANCISCO, April 28, 2025 (GLOBE NEWSWIRE) -- RSA Conference Booth N-5658 – Varonis Systems, Inc. ...

Core Insights - Varonis Systems, Inc. is a leader in data security and will participate as a Platinum Plus Sponsor at the RSA Conference 2025 from April 28 to May 1 in San Francisco [1][6] Event Highlights - Varonis will present a mainstage keynote titled "From Gamer to Leader: How to Build Resilient Cyber Teams" on April 30, focusing on using gaming principles to develop resilient cyber teams [3] - An expert session on "Modernizing DLP for Today's Threat Landscape" will be held on April 29, addressing the challenges of traditional DLP methods in the context of AI and data growth [3][4] - Varonis will showcase its cloud-native Data Security Platform at booth 5658, emphasizing its capabilities in reducing data risk and enhancing compliance with privacy regulations [4][6] Company Overview - Varonis specializes in data security, utilizing a cloud-native platform that continuously discovers and classifies critical data, removes exposures, and detects advanced threats through AI-powered automation [6][7] - The company supports thousands of organizations globally, providing solutions for data security posture management, data classification, data access governance, data detection and response, data loss prevention, AI security, and insider risk management [7]

Core Viewpoint - Varonis Systems, Inc. will report its first quarter 2025 financial results on May 6, 2025, after the U.S. financial markets close [1] Financial Results Announcement - The financial results will be discussed in a conference call scheduled for May 6, 2025, at 4:30 p.m. ET [1] - Access to the call can be made via a domestic number (877-425-9470) or an international number (201-389-0878) with a conference ID of 13752980 [2] - A replay of the conference call will be available until May 13, 2025, with specific numbers for domestic and international access [2] Company Overview - Varonis is recognized as a leader in data security, focusing on a different approach compared to traditional cybersecurity firms [3] - The company offers a cloud-native Data Security Platform that utilizes AI-powered automation for data discovery, classification, exposure removal, and advanced threat detection [3] - Varonis serves thousands of organizations globally, providing solutions for various security outcomes including data security posture management, data classification, and insider risk management [4]

MIAMI, April 09, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ:VRNS), the leader in data security, today announced the winners of its annual Partners in Excellence awards. The program recognizes channel partners who worked tirelessly in 2024 to deliver Varonis' top-ranked Data Security Platform to customers worldwide. Varonis leadership selected the winners based on their accomplishments throughout the year. "Securing critical data is a top priority for our customers, and our mission at Varonis is ...

Core Insights - Varonis Systems, Inc. has appointed Toshi Namiki as Country Manager for Japan, aiming to enhance its presence in the region and address data security needs [1][3] - Toshi Namiki brings over 25 years of experience in software and cybersecurity, having previously led high-value sales for notable companies in the industry [2] - Varonis focuses on helping organizations secure their data, especially in key Japanese industries such as manufacturing, technology, and automotive, which generate vast amounts of data [3] Company Overview - Varonis is recognized as a leader in data security, differentiating itself from conventional cybersecurity firms by utilizing a cloud-native Data Security Platform [4] - The platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats through AI-powered automation [4][5] - Varonis supports thousands of organizations globally, providing solutions for data security posture management, data classification, data access governance, data detection and response, data loss prevention, AI security, and insider risk management [5] Regulatory Compliance - The company is expanding its operations in the APAC region to assist customers in complying with local regulatory frameworks, including the Act on the Protection of Personal Information [3] - This law mandates that companies implement security measures to protect personal data from unauthorized access, loss, or damage [3]

Core Insights - Varonis Systems, Inc. has announced its new status as a Sustaining Partner with Black Hat, highlighting its commitment to cybersecurity innovation and knowledge advancement [2][3]. Company Overview - Varonis is recognized as a leader in data security, focusing on protecting data across various environments including SaaS, IaaS, and hybrid cloud [4]. - The company offers a cloud-native Data Security Platform that automates security outcomes such as data security posture management, data classification, and insider risk management [4]. Event Participation - Varonis will participate in Black Hat Asia 2025, scheduled from April 1 to 4 in Singapore, and invites attendees to visit booth 509 to learn about its data security solutions [2][3]. - An expert session titled "Safely Enabling AI Copilots with Varonis" will be held on April 3, where practical strategies for safe AI rollout will be discussed [3]. Strategic Partnerships - As a new Sustaining Partner, Varonis joins other prominent security leaders like CrowdStrike and Wiz, reinforcing its position in the cybersecurity landscape [2].