Welcome to our dedicated page for Varonis Sys news (Ticker: VRNS), a resource for investors and traders seeking the latest updates and insights on Varonis Sys stock.
Varonis Systems, Inc. (Nasdaq: VRNS) is a data security company whose news flow centers on its cloud-native Data Security Platform, financial performance, acquisitions, and product innovations. Company announcements frequently describe how Varonis discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation across SaaS, IaaS, and hybrid cloud environments.
Investors following VRNS news can expect regular updates on quarterly and full-year financial results, including discussions of annual recurring revenues, SaaS adoption, cash generation, and non-GAAP performance metrics. Varonis also issues current reports on strategic actions such as share repurchase authorizations and acquisitions, which are reflected in press releases and related SEC Form 8-K filings.
Product and technology news is another major theme. Recent releases have highlighted the acquisition of AI-native email security provider SlashNext, the launch of Varonis Interceptor for AI-powered email and social engineering threat detection, and AI identity protection for Salesforce Agentforce. Varonis also announces integrations with major platforms, such as AWS Security Hub and Microsoft Purview, which extend its data security posture management and visibility across cloud ecosystems.
In addition, Varonis publicizes its participation in technology and investor conferences, where management presents the company’s data-first security approach and financial profile. For anyone tracking developments in data security, AI-driven threat detection, and cloud-based protection of sensitive information, the VRNS news feed provides an ongoing view into the company’s strategy, platform evolution, and key corporate milestones.
Varonis Systems, a leader in data security and analytics, announced its participation in three key conferences in March 2022. The events include the JMP Securities Technology Conference on March 7-8, with a presentation on the 8th at 3:30 pm ET; the Morgan Stanley Technology, Media & Telecom Conference, from March 7-10, with a presentation on the 9th at 11:00 am ET; and the Wolfe Research Virtual "March Madness" Software Conference on March 22-23, featuring a presentation on the 22nd at 10:00 am ET. Live webcasts will be available on Varonis' Investor Relations website.
Varonis Systems, Inc. (NASDAQ: VRNS) announced its annual Partners in Excellence awards, recognizing top channel partners for their contributions in 2021. Total revenues surged by 33%, reaching $390.1 million, compared to $292.7 million in 2020. The awards highlight the partners' crucial role in delivering data protection amid increasing cyber threats, including ransomware and supply-chain attacks. Notable winners include Optiv as Partner of the Year in North America and Metsys in France. This celebration underscores Varonis's commitment to enhancing data security through strong channel partnerships.
Varonis Systems invites cybersecurity professionals to its inaugural Data-First Forum virtual event titled The Hackers & The CISO: Mindset, Methods, & Mayhem on February 24, 2022, at noon ET. The interactive panel will feature experts including Rachel Tobac, Davin Jackson, and Ed Amoroso, discussing critical topics such as social engineering attacks, evolving security programs, and complexities of SaaS applications. This event aims to equip attendees with practical advice to enhance data security and tackle emerging cyber threats.
Varonis Systems (VRNS) reported a strong fourth quarter and full-year financial performance for 2021. Total revenues increased by 33% year-over-year to $126.6 million in Q4, while annual recurring revenues reached $387.1 million, representing a 35% growth. Subscription revenues surged 53% to $96.0 million in Q4. However, the GAAP operating loss widened to ($17.8) million.
For 2022, Varonis projects ARR of $484.0 million to $489.0 million and revenues between $485.0 million and $490.0 million, reflecting continued growth.
Varonis Systems (Nasdaq: VRNS) has released Version 8.6 of its Data Security Platform, enhancing security for Microsoft 365. Key features include dashboards to monitor data exposure, new threat models for ransomware detection, improved remediation for SharePoint and OneDrive, and automatic labeling for sensitive files. These upgrades aim to bolster data protection amidst increasing collaboration demands while adhering to compliance requirements. The platform helps organizations secure their critical data against internal and external threats, supporting a Zero Trust approach.
Varonis Systems, Inc. (Nasdaq: VRNS) has scheduled its fourth quarter and full-year 2021 financial results announcement for February 7, 2022, after U.S. market close. A conference call will follow at 4:30 p.m. ET to discuss the results. Interested parties can access the call via phone or webcast on the Investor Relations page of Varonis' website. The details, including the conference ID and replay options, are provided in the press release. Varonis specializes in data security and analytics, protecting enterprise data from internal and external threats.
Varonis Systems, a leader in data security and analytics, has successfully completed its SOC 2 Type II compliance audit, confirming that its DatAdvantage Cloud solution meets strict data security standards. This achievement reinforces Varonis’ commitment to safeguarding customer data across key SaaS and IaaS platforms. The audit, conducted by KPMG, assessed Varonis’ security controls against AICPA's criteria, adding significant value to its existing compliance certifications, including ISO 27001. Customers can request the SOC 2 Report for detailed insights about Varonis’ data security measures.
Varonis Systems (Nasdaq: VRNS) will participate in several upcoming conferences, showcasing its focus on data security and analytics. Key events include the Wells Fargo Virtual TMT Summit from Nov 30 to Dec 2, with a presentation on Dec 1 at 8:00 am ET. Additionally, Varonis will present at the Nasdaq 45th Investor Conference on Dec 2 at 8:00 am ET, the UBS Global TMT Virtual Conference on Dec 6 at 2:00 pm ET, and the Barclays Global Technology Conference on Dec 7 at 8:35 am ET. Webcasts of these presentations will be available on Varonis' Investor Relations webpage.
Varonis Systems (Nasdaq: VRNS) has been recognized in Institutional Investor's 2022 All-America Executive Team, achieving top three rankings across eight categories in the midcap software sector. CFO Guy Melamed secured the 1st place in the 'Best CFO' category, while CEO Yaki Faitelson was ranked 2nd as 'Best CEO'. The firm also earned several 2nd and 3rd place honors, including recognition for its investor relations team and ESG efforts. This acknowledgment highlights Varonis' strong communication and stakeholder engagement, particularly during the pandemic.
Varonis Systems has announced a virtual event titled Top Cloud Security Risks for 2022, scheduled for November 18, 2021, at noon EST. This event targets security and IT professionals, discussing how cloud applications introduce risks and how to mitigate them using a data-first approach. For every attendee, Varonis will donate $5 to Action Against Hunger, up to $5,000. Participants will also have chances to win Amazon gift cards. Varonis is known for its focus on data security and analytics, protecting sensitive enterprise data from various cyber threats.