Varonis Systems (VRNS) Tops Q4 EPS by 4c, Guidance Falls Short of Views

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Varonis Announces Fourth Quarter and Full-Year 2023 Financial Results

February 5, 2024 4:05 PM EST

Annual recurring revenues grew 17% year-over-year
SaaS ARR as a percentage of total ARR was approximately 23%
Year-to-date cash from operations generated $59.4 million vs. $11.9 million last year
Year-to-date free cash flow generated $54.3 million vs. $0.5 million last year

NEW YORK, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced financial results for the... More