Varonis(VRNS)

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Varonis Named a Leader for Second Consecutive Year in GigaOm's Radar Report for Data Security Platforms
Newsfilter· 2025-01-21 14:00
Core Insights - Varonis Systems, Inc. has been recognized as a Leader and Outperformer in the GigaOm Radar Report for Data Security Platforms, highlighting its strong position in the data security industry [1][2]. Company Performance - Varonis was classified as a Leader and Outperformer in the Maturity/Platform Play quadrant due to its ongoing leadership and innovation in the data security space [2]. - The company received five-star ratings in key criteria such as behavior analytics, security stack integrations, and service integrations, indicating high performance across multiple dimensions [2]. Innovation and Development - The report emphasizes Varonis' commitment to innovation, particularly in AI, which aims to enhance threat identification and operational efficiency through the development of tools like Athena Copilot [3]. - Varonis is noted for its extensive platform capabilities, providing broad coverage of protected repositories for both structured and unstructured datasets across on-premises and cloud environments [4]. Market Position - GigaOm highlighted Varonis' comprehensive Data Security Platform, which is designed for broad deployment and integrates well with existing technologies, including EDR platforms [4]. - The recognition from GigaOm reinforces Varonis' status as an established and innovative leader in the data security sector, confirming its commitment to securing critical data in the cloud with advanced automation [4].
Varonis Named a Leader for Second Consecutive Year in GigaOm's Radar Report for Data Security Platforms
Globenewswire· 2025-01-21 14:00
Varonis earns recognition as the only Outperformer in the Maturity/Platform Play quadrantNEW 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 Security Platforms. Varonis was classified as a Leader and Outperformer in the Maturity/Platform Play quadrant “given its continued leadership in the space,” according to the report. Varonis also received exceptional five-s ...
Varonis Announces Date of Fourth Quarter 2024 Financial Results
Globenewswire· 2025-01-10 21:05
Core Viewpoint - Varonis Systems, Inc. will report its fourth quarter 2024 financial results on February 4, 2025, and will host a conference call to discuss these results [1] Company Overview - Varonis is a leader in data security, focusing on a different approach compared to conventional cybersecurity companies [3] - 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 [3] Customer Trust and Solutions - Thousands of organizations globally rely on Varonis to protect their data across various environments, including SaaS, IaaS, and hybrid cloud [4] - Varonis automates multiple security outcomes such as data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), and insider risk management [4]
Varonis (VRNS) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2024-12-30 18:01
Core Viewpoint - The Zacks rating system is a valuable tool for investors, particularly in understanding the impact of changing earnings estimates on stock prices [1][10][12]. Group 1: Earnings Estimates and Stock Ratings - Varonis has been upgraded to a Zacks Rank 2, indicating a positive trend in earnings estimates and suggesting potential stock price appreciation [9][10][11]. - The Zacks rating system relies on earnings estimate revisions, with a strong historical performance, where Zacks Rank 1 stocks have generated an average annual return of +25% since 1988 [5][12]. - Over the past three months, the Zacks Consensus Estimate for Varonis has increased by 15.7%, reflecting analysts' growing confidence in the company's earnings potential [14]. Group 2: Market Dynamics and Institutional Influence - Changes in earnings estimates are strongly correlated with near-term stock price movements, influenced by institutional investors who adjust their valuations based on these estimates [12][13]. - The Zacks rating system maintains a balanced approach, with an equal distribution of 'buy' and 'sell' ratings, ensuring that only the top 5% of stocks receive a 'Strong Buy' rating [15].
Varonis Systems: Price Drop Is An Attractive Entry Point As Fundamentals Remain Strong
Seeking Alpha· 2024-12-15 15:00
I am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms-up etc.], Technical investing [historical charts analysis], and to some extend momentum investing [share price reaction post earnings etc.]. Over the years, I have used the positive aspects of each approach to hone my investing process. The reason ...
Varonis Expands Data Security Coverage to Databricks
GlobeNewswire News Room· 2024-12-03 14:00
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' extensive coverage to continuously discover and classify critical data, remove exposures, and detect threats to the Databricks Data Intelligence Platform. Global enterprises, including 60% of the Fortune 500, rely on Databricks for building, deploying, sharing, and maintaining enterprise-grade data, analytics, and AI ...
What Makes Varonis (VRNS) a New Buy Stock
ZACKS· 2024-11-29 18:00
Varonis Systems (VRNS) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.T ...
Varonis Extends Cloud Data Security Coverage to Google Cloud
GlobeNewswire News Room· 2024-11-20 14:01
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' extensive coverage portfolio, bringing the company’s proven data-centric approach to Google Cloud storage and data warehouses. Data is a prime target for attackers, but discovering where sensitive data lives and remediating risk across sprawling cloud environments is virtually impossible without automation. Oth ...
Varonis(VRNS) - 2024 Q3 - Earnings Call Presentation
2024-10-30 03:38
% VARONIS Varonis Overview Q3 2024 Safe Harbor Statement This presentation has been prepared by Varonis Systems, Inc. (the "Company") solely for informational purposes. It is not, and should not be assumed to be, complete. This presentation is not an offer to sell securities, nor is it a solicitation of an offer to buy securities. This presentation is not directed at, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or o ...
Compared to Estimates, Varonis (VRNS) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-30 00:01
Varonis Systems (VRNS) reported $148.07 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 21.1%. EPS of $0.10 for the same period compares to $0.08 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $141.75 million, representing a surprise of +4.46%. The company delivered an EPS surprise of +42.86%, with the consensus EPS estimate being $0.07. While investors scrutinize revenue and earnings changes year-over-year and how they compare ...