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Jefferies Raises Price Target on Varonis Systems (VRNS) to $36 Following 3Q Beat

Go back to Jefferies Raises Price Target on Varonis Systems (VRNS) to $36 Following 3Q Beat

Varonis to Present at the 2016 RBC Capital Markets Technology, Internet, Media and Telecommunications Conference

November 4, 2016 9:00 AM EDT

NEW YORK, Nov. 04, 2016 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ: VRNS), a leading provider of software solutions that protect data from insider threats and cyberattacks, today announced that Chief Executive Officer Yaki Faitelson will present at the 2016 RBC Capital Markets Technology, Internet, Media and Telecommunications Conference in New York City.

His presentation is scheduled for Thursday, November 10, 2016 at 2:30 p.m. ET. The audio presentation will... More

Varonis Announces Third Quarter 2016 Financial Results

November 3, 2016 4:06 PM EDT

Total revenues of $40.9 million, up 31% year-over-yearLicense revenues of $22.6 million, up 34% year-over-year

NEW YORK, Nov. 03, 2016 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leading provider of software solutions that protect data from insider threats and cyberattacks, today announced results for the third quarter ended September 30, 2016.

Yaki Faitelson, Varonis CEO, said, We delivered a strong third quarter.  For the fourth quarter in a row, both license and total revenues grew by more than 30% year over year.  We exceeded our guidance on both the top and bottom lines, and our efforts to... More