Varonis Announces First Quarter 2015 Financial Results

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Needham & Company Downgrades Varonis Systems (VRNS) to Hold

May 7, 2015 7:30 AM EDT

Needham & Company downgraded Varonis Systems (NASDAQ: VRNS) from Buy to Hold.

Analyst Scott Zeller commented, "The Varonis MarQ results were roughly in-line on revenue, yet had a larger than expected loss. The big news, however, was the weak guidance for JuneQ and the... More

Varonis Systems (VRNS) Misses Q1 EPS by 3c

May 6, 2015 4:59 PM EDT

Varonis Systems (NASDAQ: VRNS) reported Q1 EPS of ($0.44), $0.03 worse than the analyst estimate of ($0.41). Revenue for the quarter came in at $23 million versus the consensus estimate of $23.2 million.

Varonis Systems sees Q2 2015 EPS of ($0.31)-($0.26), versus the consensus of ($0.16). Varonis Systems sees Q2 2015... More