Core Insights - Varonis Systems reported a revenue of $152.16 million for the quarter ended June 2025, reflecting a year-over-year increase of 16.7% [1] - The company's EPS was $0.03, down from $0.05 in the same quarter last year, but it exceeded the consensus estimate of $0.01, resulting in a surprise of +200% [1] - The reported revenue surpassed the Zacks Consensus Estimate of $147.79 million, indicating a positive surprise of +2.96% [1] Key Metrics - Annual Recurring Revenues reached $693.2 million, slightly above the estimated $687.37 million by six analysts [4] - Maintenance and Services revenues were reported at $13.89 million, significantly below the average estimate of $17.68 million, marking a year-over-year decline of -39.2% [4] - Term license subscriptions generated $32.37 million, exceeding the average estimate of $27.13 million based on two analysts [4] - SaaS revenues amounted to $105.9 million, slightly above the two-analyst average estimate of $105.03 million [4] Stock Performance - Varonis shares have returned +7.2% over the past month, outperforming the Zacks S&P 500 composite's +3.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Financial Performance - Varonis Systems reported $136.42 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 19.7% [1] - The EPS for the same period was $0.00, compared to -$0.03 a year ago, indicating a significant improvement [1] - The reported revenue exceeded the Zacks Consensus Estimate of $133.22 million by +2.41% [1] - The EPS surprise was +100.00%, as the consensus EPS estimate was -$0.05 [1] Key Metrics - Annual Recurring Revenues reached $664.30 million, surpassing the $657.21 million average estimate based on six analysts [4] - Maintenance and Services revenues were $16.38 million, which is -31.9% year-over-year and below the $20.06 million average estimate [4] - Term license subscriptions generated $31.49 million, compared to the $35.14 million estimated by three analysts [4] - SaaS revenues were $88.56 million, exceeding the three-analyst average estimate of $78.28 million [4] Stock Performance - Varonis shares have returned +15.3% over the past month, outperforming the Zacks S&P 500 composite's +11.5% change [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]