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

Varonis Systems

06/02/2023 22:54

* Varonis Systems Inc  VRNS.OQ  reported quarterly adjusted
earnings of 21 cents​​ per share for the quarter ended in
December. The mean expectation of twenty analysts for the
quarter was for earnings of 17 cents per share.
    * Revenue rose 12.7% to $142.62 million from a year ago;
analysts
expected $140.69 million. 
    * Varonis Systems Inc's reported EPS for the quarter was a
loss
of 10 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Varonis Systems Inc shares had risen by 10.4% this
quarter.
    * The company reported a quarterly loss of $10.75 million.
    * Wall Street's median 12-month price target for Varonis
Systems
Inc is $26.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 9
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
6 at 10:54 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.17           0.21           Beat
 Sep. 30 2022      0.06           0.05           Missed
 Jun. 30 2022      -0.01          0.00           Beat
 Mar. 31 2022      -0.10          -0.09          Beat