Varonis Systems (VRNS) Tops Q1 EPS by 5c, Revenues Beat; Reaffirms 2Q & FY21 EPS/Revenues Guidance

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Varonis Announces First Quarter 2021 Financial Results

May 3, 2021 4:05 PM EDT

Total revenues grew 38% year-over-year to $74.8 million in Q1 2021Subscription revenues increased 120% to $44.8 million year-over-yearAnnual recurring revenues grew to $306.9 million, a 39% increase over first quarter 2020

NEW YORK, May 03, 2021 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, today announced financial results for the first quarter ended March 31, 2021.

"Our first quarter performance was... More