Varonis Announces Third Quarter 2016 Financial Results
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Jefferies Raises Price Target on Varonis Systems (VRNS) to $36 Following 3Q Beat
November 4, 2016 10:34 AM EDTJefferies reiterated a Buy rating on Varonis Systems (NASDAQ: VRNS), and raised the price target to $36.00 (from $34.00), following the company's 3Q earnings report. Non-GAAP EPS of ($0.03) on total revenue of $40.9M and compared favorably with consensus of ($0.11), and $38.6M.
Analyst John DiFucci commented, "VRNS... More
Varonis Systems (VRNS) Tops Q3 EPS by 8c
November 3, 2016 4:11 PM EDTVaronis Systems (NASDAQ: VRNS) reported Q3 EPS of ($0.03), $0.08 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $40.9 million versus the consensus estimate of $38.6 million.
Yaki Faitelson, Varonis CEO, said, We delivered a strong third quarter. For the... More
