Varonis Announces Second Quarter 2016 Financial Results

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Go back to Varonis Announces Second Quarter 2016 Financial Results

Imperial Capital Raises Price Target on Varonis Systems (VRNS) to $35 Following Strong 2Q

August 11, 2016 10:11 AM EDT

Imperial Capital reiterated an Outperform rating on Varonis Systems (NASDAQ: VRNS), and raised the price target to $35.00 (from $27.00), following the company's 2Q earnings report. VRNS reported revenues of $38.6mn and adjusted net loss per share of $0.12, compared with the Street's previous revenue estimates of 36.6mn... More

Needham & Company Upgrades Varonis Systems (VRNS) to Buy

August 10, 2016 7:29 AM EDT

Needham & Company upgraded Varonis Systems (NASDAQ: VRNS) from to Buy with a price target of $34.00.

Analyst Scott Zeller commented, "The VRNS JuneQ results were a small beat and raise, and the performance across the franchise was balanced. We have been cautious on... More

Varonis Systems (VRNS) Tops Q2 EPS by 5c

August 9, 2016 4:57 PM EDT

Varonis Systems (NASDAQ: VRNS) reported Q2 EPS of ($0.12), $0.05 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $38.6 million versus the consensus estimate of $36.6 million.

Yaki Faitelson, Varonis CEO, said, We are very pleased with our second quarter performance. We see... More