Varonis Systems (VRNS) Meets Q3 Earnings Estimates

Core Insights - Varonis Systems reported quarterly earnings of $0.06 per share, matching the Zacks Consensus Estimate, but down from $0.10 per share a year ago [1] - The company posted revenues of $161.58 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 2.71%, compared to $148.07 million in the same quarter last year [2] - Varonis shares have increased approximately 41.1% year-to-date, outperforming the S&P 500's gain of 16.9% [3] Earnings Performance - The company has surpassed consensus EPS estimates three times over the last four quarters [1] - Varonis has topped consensus revenue estimates two times in the last four quarters [2] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.05 on revenues of $170.2 million, and for the current fiscal year, it is $0.13 on revenues of $624.86 million [7] - The estimate revisions trend for Varonis was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Security industry, to which Varonis belongs, is currently in the bottom 20% of the Zacks industry rankings, which may negatively impact stock performance [8] - CrowdStrike Holdings, another company in the same industry, is expected to report quarterly earnings of $0.94 per share, reflecting a year-over-year change of +1.1% [9]