Investors in Varonis Systems, Inc. (VRNS) Warned of Potential Securities Fraud - Contact Levi & Korsinsky Today

Core Insights - Varonis Systems, Inc. is under investigation for possible violations of federal securities laws following disappointing financial results and strategic changes [1][2] - The company reported third quarter fiscal 2025 revenue that fell below estimates, attributed to weaker renewals in both federal and non-federal on-prem subscription businesses [2] - Varonis announced the discontinuation of its self-hosted solution by December 31, 2026, leading to a reduction in growth guidance and a planned 5% headcount reduction to manage costs [2] Financial Performance - Varonis' third quarter fiscal 2025 revenue was below market expectations, indicating challenges in its subscription renewal rates [2] - Following the announcement of its financial results, Varonis' stock price dropped significantly, falling by $23.36 to open at $39.64 per share [3] Strategic Changes - The decision to end the self-hosted solution is a significant strategic shift for Varonis, impacting its future growth prospects [2] - The company is implementing a 5% reduction in workforce as part of its cost-cutting measures in response to the current financial challenges [2]