Varonis Systems (VRNS) Misses Q1 EPS by 30c; misses on guidance

Varonis Systems (NASDAQ: VRNS) reported Q1 EPS of ($0.35), $0.30 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $107.3 million versus the consensus estimate of $106.91 million.

GUIDANCE:

Varonis Systems sees Q2 2023 EPS of $0.01-$0.02, versus the consensus of $0.05. Varonis Systems sees Q2 2023 revenue of $118-120 million, versus the consensus of $123 million.

Varonis Systems sees FY2023 EPS of $0.30-$0.34, versus the consensus of $0.34. Varonis Systems sees FY2023 revenue of $510-520 million, versus the consensus of $524.7 million.

For earnings history and earnings-related data on Varonis Systems (VRNS) click here.

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