Varonis Systems (VRNS) Tops Q2 Earnings and Revenue Estimates

This quarterly report represents an earnings surprise of 350%. A quarter ago, it was expected that this datamanagement software company would post a loss of $0.09 per share when it actually produced a loss of $0.03, delivering a surprise of 66.67%. Varonis, which belongs to the Zacks Security industry, posted revenues of $130.35 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 4.27%. This compares to year-ago revenues of $115.42 million. The company has topped consensus re ...