Varonis Systems (NASDAQ: VRNS) reported Q4 EPS of $0.17, $0.03 better than the analyst estimate of $0.14. Revenue for the quarter came in at $43.8 million versus the consensus estimate of $41.92 million.

Yaki Faitelson, Varonis CEO, said, “We are pleased with our strong finish to 2015. It has become clear that companies across the globe can no longer tolerate the risks of not protecting data from the inside out. As a result, we are increasingly gaining the attention of decision makers higher up in organizations, and our programs are critical components of well thought out, well-funded security spending initiatives. As we look to 2016, the demand environment is positive, and we are well positioned to capitalize on the opportunity."

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