Core Viewpoint - A class action lawsuit has been filed against Varonis Systems, Inc. on behalf of investors who acquired Varonis securities during the specified class period, highlighting concerns over the company's financial disclosures and performance [1][3]. Company Summary - Varonis Systems, Inc. is a global security company based in Miami, Florida, specializing in software products that utilize AI technologies to detect advanced security threats [2]. - The company reported a significant miss in annual recurring revenue (ARR) and reduced its guidance for the full fiscal year 2025, attributing this to weaker than expected customer renewals and conversions in its subscription business [3]. Financial Impact - Following the announcement of disappointing financial results on October 28, 2025, Varonis' stock price plummeted from $63.00 to $32.34 per share, marking a decline of $30.66 per share, or over 48%, in just one day [4].
STOCKHOLDER ALERT: Pending Securities Fraud Lawsuit Against Varonis Systems, Inc. (VRNS)