VRNS Investigation: Kessler Topaz Meltzer & Check, LLP Encourages Varonis Systems, Inc. (NASDAQ: VRNS) Investors with Significant Losses to Contact the Firm

Core Insights - Varonis Systems, Inc. reported disappointing financial results for Q3 2025, with revenue falling short of consensus estimates and a significant 63.9% year-over-year decline in term license subscription revenues [2] - The company has reduced its full-year Annual Recurring Revenue (ARR) guidance due to underperformance in its on-premises subscription business, which is identified as a drag on overall ARR growth [2] - Following the announcement of these results, Varonis' stock price plummeted by $30.66, or 48.67%, closing at $32.34 per share on October 29, 2025 [2] Company Performance - Varonis' on-premises subscription business faced challenges, including lower renewal rates attributed to sales process issues, contributing to the overall decline in revenue [2] - The company acknowledged that the underperformance in its on-prem subscription business negatively impacted its total ARR growth [2] Legal Investigation - Kessler Topaz Meltzer & Check, LLP is investigating potential violations of federal securities laws on behalf of Varonis investors following the poor financial results [1][3]