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. develops data and AI security software for organizations managing sensitive information across SaaS, IaaS, and hybrid cloud environments. Company news commonly covers the Varonis Data Security Platform, Atlas AI Security Platform, cloud-native security automation, managed detection and response, and controls for data exposure, access governance, data loss prevention, database activity monitoring, identity protection, email security, and AI usage.
Updates also include quarterly financial results and SaaS annual recurring revenue metrics, product launches, security certifications such as Spain’s ENS High level certification, cybersecurity conference activity, channel recognition, and investor presentations.
Varonis Systems (Nasdaq: VRNS) announced that its DatAdvantage Cloud solution has achieved Level 1 certification from the Cloud Security Alliance (CSA) STAR registry, affirming its adherence to strict data security standards. This certification highlights Varonis' commitment to cloud security, enhancing its cloud-hosted solution designed for protecting sensitive data across SaaS and IaaS platforms. Additionally, Varonis has completed a SOC 2 Type 2 audit and holds multiple other certifications, including ISO/IEC standards, reinforcing its reputation in data security.
Varonis Systems (Nasdaq: VRNS) will participate as a Gold Sponsor at the RSA Conference 2022, scheduled from June 6-9 in San Francisco. Attendees can visit Booth #5545 for demonstrations on how to enhance data visibility and mitigate ransomware risks. Key sessions include discussions on cybersecurity outreach to Gen Z and strategies to defend against advanced adversaries targeting SaaS and IaaS. Varonis focuses on protecting sensitive data from cyber threats through its innovative security solutions.
Varonis Systems (Nasdaq: VRNS) expands its Asia-Pacific operations by appointing new country managers in India, Singapore, and Japan. Maheswaran Shamugasundaram, Shing Ping Loi, and Katsuya Tsujimoto bring over 75 years of combined experience in business development and sales from top technology and security firms. This strategic move aims to enhance Varonis' presence in these regions and address the growing need for data-centric cybersecurity solutions amidst ongoing digital transformation.
Varonis Systems (Nasdaq: VRNS), a leader in data security, announced its participation in major upcoming conferences. These include the 17th Annual Needham Technology & Media Conference on May 16 at 8 a.m. ET, the Cowen 50th Annual Technology, Media & Telecom Conference on June 2 at 3:20 p.m. ET, and the 42nd Annual William Blair Growth Stock Conference on June 6 at 3:40 p.m. ET. Presentations will be available via live webcasts on Varonis' investor relations website, which will also archive the sessions for a limited time.
Varonis Systems (Nasdaq: VRNS) reported a strong Q1 2022, with annual recurring revenues (ARR) rising 32% year-over-year to $404.5 million. Total revenues increased by 29% to $96.3 million. Subscription revenues soared by 53% to $69.0 million. Despite a write-off from its Russia business costing around $3 million in ARR, the company reaffirmed its full-year guidance for both revenue and ARR, anticipating $485 million to $490 million in revenue for the year. Varonis also generated $24.5 million in cash from operations, reflecting a strong demand environment.
Varonis Systems (Nasdaq: VRNS) announced new capabilities in data security for Salesforce on April 26, 2022. These updates enhance visibility and compliance by addressing permissions sprawl and misconfigurations that pose risks to sensitive data. Key features include a detailed permissions analysis, automatic classification of sensitive files, and anomaly detection for potential threats. The enhancements are part of DatAdvantage Cloud, offering a comprehensive security solution across various platforms. This release aims to fortify organizations’ security posture and ensure regulatory compliance.
Varonis Systems (Nasdaq: VRNS) announced it will release its first quarter 2022 financial results after U.S. markets close on May 2, 2022. A conference call to discuss the results will also occur on the same day at 4:30 p.m. ET.
The call can be accessed by dialing 877-425-9470 (domestic) or 201-389-0878 (international). A replay will be available until May 9, 2022, and a live webcast will be accessible on the company's Investor Relations page.
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.