Needham & Company Downgrades Varonis Systems (VRNS) to Hold
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Varonis Announces First Quarter 2015 Financial Results
May 6, 2015 4:06 PM EDTNEW YORK, May 6, 2015 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the leading provider of software solutions for unstructured, human-generated enterprise data, today announced results for the first quarter ended March 31, 2015.
Yaki Faitelson, Varonis CEO, said, "Our first quarter results were driven by strength in the US and our high volume, low ASP business model as customers look to Varonis for solutions to help them manage their human generated data and to improve productivity while managing security risks. However, our business in EMEA was weaker than expected, and we believe this weakness could... More
