Varonis Systems (VRNS) Tops Q1 EPS by 10c; Issues Strong FY16 Outlook
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Varonis Announces First Quarter 2016 Financial Results
May 4, 2016 4:11 PM EDTTotal revenues of $30.5 million, up 33% year-over-year
License revenues of $13.8 million, up 36% year-over-year
NEW YORK, May 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 results for the first quarter ended March 31, 2016.
Yaki Faitelson, Varonis CEO, said, We are very pleased with our strong results for the first quarter. License revenue growth accelerated to 36% year-over-year, demonstrating the momentum we are seeing across the business. Protecting against insider threats is a... More
