Varonis Systems Inc reports results for the quarter ended June 30 - Earnings Summary

Varonis Systems

29/07/2025 22:01

Varonis Systems Inc VRNS.OQ reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 5 cents.  The mean expectation of twenty analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from zero cents to 1 cents per share.

Revenue rose 16.7% to $152.16 million from a year ago; analysts expected $148.00 million.

Varonis Systems Inc's reported EPS for the quarter was a loss of 32 cents​.

The company reported a quarterly loss of $35.82 million.

Varonis Systems Inc shares had risen by 7.2% this quarter and gained 22.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 67.3% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 5 "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 $57.00, about 4.5% above its last closing price of $54.41

This summary was machine generated from LSEG data July 29 at 09:01 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
Jun. 30 2025
0.01
0.03
Beat
Mar. 31 2025
-0.05
0.01
Beat
Dec. 31 2024
0.14
0.18
Beat
Sep. 30 2024
0.07
0.10
Beat