Varonis Announces Second Quarter 2018 Financial Results
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Varonis Systems (VRNS) Misses Q2 EPS by 3c, Revenues In-Line; Offers FY Outlook
July 30, 2018 4:14 PM EDTVaronis Systems (NASDAQ: VRNS) reported Q2 EPS of ($0.08), $0.03 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $62.19 million versus the consensus estimate of $62.17 million.
Yaki Faitelson, Varonis CEO, said, Demand for our solutions globally remains strong. There is an increasing need for companies to track and protect their data wherever it is stored, on-premises or in the cloud, reducing risk, preventing breaches, and meeting compliance requirements. With our platform approach, an increasing number of customers are adopting more product families, driving our land and expand strategy and total... More
