INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Varonis Systems, Inc. - VRNS

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Varonis Systems, Inc. following disappointing financial results and a significant stock price drop [1][3]. Financial Performance - On October 28, 2025, Varonis reported third-quarter financial results that missed consensus estimates, with a notable 63.9% year-over-year decline in term license subscription revenues [3]. - The company reduced its full-year Annual Recurring Revenue (ARR) guidance due to underperformance in its on-premises subscription business, which management identified as a drag on overall ARR growth [3]. - Following the announcement, Varonis's stock price plummeted by $30.66 per share, or 48.67%, closing at $32.34 on October 29, 2025 [3]. Management Commentary - Yakov Faitelson, Co-Founder and CEO, acknowledged that the on-premises subscription business is negatively impacting total company ARR growth and cited sales process issues as contributing factors to a lower renewal rate for on-prem subscriptions [3].