Varonis (VRNS) Reports Q4 Earnings: What Key Metrics Have to Say

Group 1 - Varonis Systems reported revenue of $158.51 million for the quarter ended December 2024, reflecting a year-over-year increase of 2.9% [1] - The earnings per share (EPS) for the quarter was $0.18, down from $0.27 in the same quarter last year, indicating a decline [1] - The reported revenue was below the Zacks Consensus Estimate of $165.14 million by 4.01%, while the EPS exceeded the consensus estimate of $0.14 by 28.57% [1] Group 2 - Annual Recurring Revenues (ARR) reached $641.90 million, surpassing the average estimate of $637.75 million from six analysts [4] - Maintenance and Services revenues were reported at $19.53 million, which was below the average estimate of $20.68 million, representing a year-over-year decline of 21.7% [4] - Term license subscriptions generated $66.78 million, falling short of the average estimate of $76.75 million, while SaaS revenues were $72.21 million, exceeding the estimate of $68.98 million [4] Group 3 - Varonis shares have returned +1.7% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential for outperformance in the near term [3]