Varonis Announces First Quarter 2016 Financial Results

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Jefferies Raises Price Target on Varonis Systems (VRNS) Following Strong 1Q Results

May 5, 2016 9:55 AM EDT

Jefferies reiterated a Buy rating on Varonis Systems (NASDAQ: VRNS), and raised the price target to $26.00 (from $25.00), following the company's 1Q earnings report. VRNS reported a Non-GAAP EPS of ($0.29) on revenue of $30.5M and license of $13.8M. These metrics compared favorably with consensus estimates of... More

Varonis Systems (VRNS) Tops Q1 EPS by 10c; Issues Strong FY16 Outlook

May 4, 2016 7:36 PM EDT

Varonis Systems (NASDAQ: VRNS) reported Q1 EPS of ($0.29), $0.10 better than the analyst estimate of ($0.39). Revenue for the quarter came in at $30.5 million versus the consensus estimate of $28.5 million.

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Varonis Systems sees Q2 2016 EPS of ($0.17)-($0.16), versus the consensus of... More