Varonis Systems (VRNS) Reports In-Line Q4 EPS; Issues Mixed Outlook

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Varonis Announces Fourth Quarter and Full Year 2019 Financial Results

February 10, 2020 4:05 PM EST

Annual recurring revenues grew to $210.5 million, a 62% increase over fourth quarter 2018Subscription revenues were 82% of fourth quarter 2019 license revenues

NEW YORK, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, today announced results for the fourth quarter and full year ended December 31, 2019.

Yaki Faitelson, Varonis CEO, said, We completed the... More