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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 Data Security Platform has been awarded the Cyber Catalyst designation by Marsh, recognizing its effectiveness in combating ransomware and enhancing cybersecurity. This designation potentially allows companies using this platform to receive better terms on cyber insurance. Varonis' platform was rated highest for reducing cyber risk, efficiency, and differentiation among over 90 solutions evaluated. The recognition comes as companies increasingly face sophisticated cyber threats and necessitate advanced threat detection capabilities.
Varonis Systems, Inc. (Nasdaq: VRNS) has announced it will report its fourth quarter and full-year 2020 financial results after the U.S. markets close on February 8, 2021. In conjunction with this announcement, a conference call will take place at 4:30 p.m. Eastern Time the same day, where financial results will be discussed. Investors can access the call via phone or through a live webcast on the company's Investor Relations page. A replay will be available until February 15, 2021.
Varonis Systems (Nasdaq: VRNS) has achieved Common Criteria certification from the National Information Assurance Partnership (NIAP), validating the security of its Data Security Platform for use in U.S. national security systems. This certification underscores Varonis' commitment to protecting sensitive data amid rising cybersecurity threats. The certification, valid for two years, confirms compliance with high security standards and enhances the company’s credibility among government clients, supporting their Zero Trust strategy for data protection.
Varonis Systems (Nasdaq: VRNS) will participate in multiple virtual conferences in December 2020, showcasing its focus on data security and analytics. Key events include the Nasdaq 43rd Virtual Investor Conference on December 1 at 10:30 am ET, the UBS Global TMT Virtual Conference on December 7 at 11:10 am ET, and the Barclays Global Technology, Media and Telecommunications Conference on December 9 at 10:00 am ET. Presentations will be available via live webcasts on Varonis' Investor Relations page.
Varonis Systems (Nasdaq: VRNS) announces its participation in two upcoming virtual conferences. The RBC Capital Markets Global Technology Conference is set for November 17-18, 2020, with a presentation at 10:00 am ET on November 17. Concurrently, the Needham & Company Security Conference is also scheduled for November 17, starting at 1:30 pm ET. Both presentations will be webcast live and available on the Varonis Investor Relations site. The company, a leader in data security analytics, focuses on protecting sensitive enterprise data and addressing insider threats.
Varonis Systems reported a 17% increase in total revenues for Q3 2020, reaching $76.8 million, with subscription revenues up 89% to $44.1 million, making up 99% of total license revenues. The company achieved annual recurring revenues of $261.1 million, a growth of 46% year-over-year. Varonis announced plans to acquire Polyrize to enhance its Data Security Platform, targeting additional cloud applications. Although there was a GAAP operating loss of $16.5 million, non-GAAP operating income stood at $3.1 million.
Varonis Systems (Nasdaq: VRNS) announced its participation in the upcoming NetApp INSIGHT virtual event series, taking place from October 26 to 29 across different regions. Attendees can expect a live Q&A and demonstration of Varonis' Data Security Platform, which enhances data protection for hybrid cloud systems against ransomware and insider threats. The event will also feature insights into Emotet infections and preventive measures. Furthermore, giveaways such as Apple AirPod Pros are available for participants engaging with Varonis experts.
Varonis Systems, Inc. (Nasdaq: VRNS) has announced it will report its 2020 third quarter financial results after U.S. market close on October 26, 2020. A conference call to discuss these results is scheduled for the same day at 4:30 p.m. ET. Investors can access the call by dialing 877-425-9470 domestically or 201-389-0878 internationally, with a conference ID of 13708857. A replay will be available through November 2, 2020. Varonis specializes in data security and analytics, focusing on protecting sensitive enterprise data and detecting insider threats.
Varonis Systems (Nasdaq: VRNS) will participate in the virtual Gartner Security & Risk Management Summit 2020 from September 14-17. Attendees can engage in live chats, schedule individual meetings, and view product demos in the Engagement Zone.
Varonis highlights include its Data Security Platform, which excels in risk detection and compliance monitoring. The platform has received top ratings on Gartner Peer Insights. Attendees can also win gift cards through participation in live chats.
Varonis Systems, a leader in data security, announced its participation in two upcoming virtual conferences. The D.A. Davidson 19th Annual Software and Internet Conference is on September 9, 2020, at 2:15 p.m. ET, followed by the Jefferies Software Conference on September 14-15, with Varonis presenting on September 14 at 11:30 a.m. ET. Live webcasts of the presentations will be available on the Varonis Investor Relations website, with archives accessible for a limited time post-conferences.