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

Varonis Systems

06/05/2025 22:55

Varonis Systems Inc VRNS.OQ reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -3 cents.  The mean expectation of twenty analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -6 cents to -3 cents per share.

Revenue rose 19.6% to $136.42 million from a year ago; analysts expected $133.06 million.

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

The company reported a quarterly loss of $35.78 million.

Varonis Systems Inc shares had risen by 8.4% this quarter and lost 1.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 31% 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 16 "strong buy" or "buy," 6 "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 $53.50

This summary was machine generated from LSEG data May 6 at 09:55 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
Mar. 31 2025
-0.05
0.01
Beat
Dec. 31 2024
0.14
0.18
Beat
Sep. 30 2024
0.07
0.10
Beat
Jun. 30 2024
-0.02
0.05
Beat