Varonis Systems (VRNS) Tops Q1 EPS by 7c, Offers Guidance

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Varonis Announces First Quarter 2017 Financial Results

May 4, 2017 4:05 PM EDT

Total revenues of $40.4 million, up 33% year-over-year

License revenues of $19.2 million, up 38% year-over-year

NEW YORK, May 04, 2017 (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, 2017.

Yaki Faitelson, Varonis CEO, said, I am pleased with our first quarter results. We saw solid contribution from both the US and Europe and strength across new and existing customers. With the Varonis Data Security Platform, we help companies take a more... More