Imperial Capital Raises Price Target on Varonis Systems (VRNS) to $35 Following Strong 2Q
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Varonis Announces Second Quarter 2016 Financial Results
August 9, 2016 4:07 PM EDTTotal revenues of $38.6 million, up 33% year-over-yearLicense revenues of $21.7 million, up 36% year-over-year
NEW YORK, Aug. 09, 2016 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leading provider of software solutions that protect data from insider threats and cyberattacks, today announced results for the second quarter ended June 30, 2016.
Yaki Faitelson, Varonis CEO, said, We are very pleased with our second quarter performance. We see strong momentum in the business, and this is our third quarter in a row of growing both license and total revenues by 30% or more year over... More
New Study: Data Theft Rising Sharply, Insider Threats Cited as Leading Cause
August 9, 2016 9:03 AM EDTNEW YORK, Aug. 09, 2016 (GLOBE NEWSWIRE) -- Three out of every four organizations have been hit by the loss or theft of important data over the past two years, a sharp increase since 2014, according to a new survey of more than 3,000 employees and IT practitioners across the U.S. and Europe. The report, released today, was conducted by the Ponemon Institute and sponsored by... More
