Varonis Systems Inc reports results for the quarter ended December 31 - Earnings Summary

Varonis Systems

04/02/2025 22:01

* Varonis Systems Inc  VRNS.OQ  reported quarterly adjusted
earnings of 18 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 27 cents.  The mean expectation of
twenty analysts for the quarter was for earnings of 14 cents per
share. Wall Street expected results to range from 13 cents to 16
cents per share.
    * Revenue rose 2.9% to $158.51 million from a year ago;
analysts
expected $165.56 million. 
    * Varonis Systems Inc's reported EPS for the quarter was a
loss
of 12 cents​.
    * The company reported a quarterly loss of $12.99 million.
    * Varonis Systems Inc shares had risen by 3.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Varonis Systems
Inc is $60.00 
This summary was machine generated from LSEG data February 4 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.14           0.18           Beat
 Sep. 30 2024      0.07           0.10           Beat
 Jun. 30 2024      -0.02          0.05           Beat
 Mar. 31 2024      -0.09          -0.03          Beat