Varonis Systems (VRNS) Tops Q3 EPS by 8c

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Varonis Announces Third Quarter 2016 Financial Results

November 3, 2016 4:06 PM EDT

Total revenues of $40.9 million, up 31% year-over-yearLicense revenues of $22.6 million, up 34% year-over-year

NEW YORK, Nov. 03, 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 third quarter ended September 30, 2016.

Yaki Faitelson, Varonis CEO, said, We delivered a strong third quarter.  For the fourth quarter in a row, both license and total revenues grew by more than 30% year over year.  We exceeded our guidance on both the top and bottom lines, and our efforts to... More