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 (VRNS) provides critical cybersecurity solutions focused on protecting human-generated data across cloud and hybrid environments. This dedicated news hub offers investors and security professionals centralized access to official announcements, financial updates, and strategic developments from the data protection leader.
Track VRNS press releases covering quarterly earnings, product innovations, partnership agreements, and industry recognitions. Our curated collection ensures timely updates on the company’s cloud-native security platform, SaaS transition progress, and advancements in AI-driven data classification technology.
Key content categories include:
Financial disclosures: Earnings calls and SEC filings
Product updates: Platform enhancements and new capabilities
Strategic moves: Partnerships and market expansions
Industry analysis: Data security trends impacting VRNS operations
Bookmark this page for streamlined monitoring of Varonis’ evolving role in combating cyber threats through automated remediation and access governance solutions. Check regularly for authoritative updates directly impacting the company’s position in the $200B+ cybersecurity market.
Varonis Systems (Nasdaq: VRNS) has been named a Leader in Data Security Platforms by Forrester in their Q1 2025 Wave™ report, also earning a 'Customer Favorite' designation. The company achieved the highest scores in both Current Offering and Strategy categories, receiving perfect 5/5 scores across 13 criteria.
Key achievements include top marks in Data Discovery, Classification, Threat and Risk Visibility, Access Controls, Reporting, Investigations, Manageability and Support. In the Strategy category, Varonis excelled in Vision, Innovation, Pricing Flexibility, Community, and Supporting Services.
Customers specifically praised Varonis's implementation of AI and automation in workflow and data classification, along with their support services and Managed Data Detection and Response (MDDR) capabilities. The report highlights Varonis's vision of leveraging data insights for automated security remediation.
Varonis Systems (VRNS) has announced its participation schedule at the Gartner Security & Risk Management Summit in Mumbai, India, taking place March 10-11, 2025. The company will showcase its cloud security offerings and unified data security approach at booth #210.
A key highlight includes an expert panel discussion titled 'AI Innovation and Security: Insights from a CISO and CFO' featuring Concentrix Global VP Rishi Rajpal and Varonis CFO/COO Guy Melamed. The session, scheduled for March 10 at 4:35 p.m., will focus on proactive data security strategies for AI implementation and risk management.
The company will demonstrate how organizations can safely adopt AI copilots while prioritizing data security, offering 1:1 demos to attendees.
Varonis Systems (VRNS) has announced the opening of new data centers in Mumbai and Pune, India to enhance its cloud-native Data Security Platform services. The expansion aims to help Indian businesses comply with local regulatory frameworks, including requirements from the Reserve Bank of India, Securities and Exchange Board of India, and Insurance Regulatory and Development Authority.
The data centers will support customers in meeting data localization requirements under the Digital Personal Data Protection Act while maintaining data sovereignty rules. According to Aditya Birla Capital's Group CISO, the new facilities will help strengthen security and ensure compliance while reducing latency.
The expansion reinforces Varonis' commitment to providing data visibility across SaaS, IaaS, on-prem, and hybrid environments through their unified platform with AI-powered automation.
Varonis Systems (VRNS) has announced its participation as a Premier Exhibitor at the Gartner Security & Risk Management Summit in Sydney, Australia, scheduled for March 3-4, 2025. The company will showcase its Data Security Platform at booth #210, offering demonstrations of their solutions for risk assessment, exposure remediation, and data attack prevention with AI integration.
A highlight of the event will be a panel session titled 'Executive's Guide to Securing Data in a New Era of Risk', featuring Varonis VP of APAC Scott Leach alongside industry leaders from Allens, a property investment firm, and a national healthcare provider. The session, scheduled for March 3 at 2:45 PM in room C2.3, will focus on strategies for protecting sensitive data in the AI era, addressing data security, compliance, and risk reduction challenges.
Varonis Systems (Nasdaq: VRNS), a data security leader, has announced its upcoming participation in the Morgan Stanley Technology, Media & Telecom Conference in San Francisco. The company's presentation is scheduled for March 3 at 1:50 p.m. PT.
The presentation will be accessible through a live audio webcast in the 'Investor Relations' section of Varonis' website at ir.varonis.com. A recorded version will remain available on the website for a time after the conference. Interested parties can find additional information about Varonis' solution portfolio on their website, blog, and social media channels including X, LinkedIn, and YouTube.
Varonis Systems (VRNS) has been named to CRN's 2025 Security 100 list for the seventh consecutive year, recognized in the Identity, Access and Data Security category. The company earned this recognition for its Data Security Platform and its commitment to working with channel partners to protect organizations from cyber threats.
The selection highlights Varonis' role in helping customers secure data across cloud and SaaS applications through automation. The company's channel partner network focuses on preventing data breaches and securing critical data assets. According to John Siverd, Vice President of Channel at Varonis, this recognition reflects their successful collaboration with global partners in addressing critical data security challenges.
Varonis Systems (Nasdaq: VRNS) has won SiliconANGLE Media's inaugural 2025 Tech Innovation CUBEd Award in the Top Data Protection Innovation category for its Microsoft 365 Copilot integration. The solution combines AI and data security capabilities, offering real-time tracking of user interactions with Copilot, detection of unusual prompts and data access, and removal of improper access to sensitive data by both humans and AI agents.
Varonis Field CTO Brian Vecci highlighted how the company's Data Security Platform enables organizations to safely adopt AI by managing exposure and ensuring secure usage. The award recognition came from SiliconANGLE Media's leadership, including co-founders Dave Vellante and John Furrier, who emphasized the importance of breakthrough innovations and transformative technologies in the industry.
Varonis Systems (VRNS) announced its participation at ViVE 2025, taking place February 16-19 in Nashville. The company will showcase its Data Security Platform at Viosk #2825 in the Cybersecurity Pavilion, demonstrating solutions for healthcare organizations to secure Protected Health Information (PHI) and comply with HIPAA regulations.
The company's Field CTO Brian Vecci will present a session titled 'PHI-ght for Your Right to AI Party!' on February 18 at 2 p.m. CT, focusing on healthcare organizations' visibility into AI use, data access, and PHI exposure. The presentation will address current requirements and future HIPAA compliance adaptations.
Varonis's platform focuses on limiting the 'blast radius' - the potential damage from compromised credentials - across SaaS, IaaS, and hybrid environments by ensuring appropriate data access controls.
Varonis Systems (VRNS) has announced a significant share repurchase program authorized by its board of directors. The program allows for the repurchase of up to $100.0 million of the company's common stock, expected to be completed within the next 12 months.
The data security leader will execute the repurchases through various methods, including open market purchases and privately-negotiated transactions, in compliance with federal securities laws. The specific timing and number of shares to be repurchased will be determined based on Varonis' trading windows, available liquidity, and general business and market conditions.
Varonis Systems (VRNS) reported strong financial results for Q4 and full-year 2024. Annual recurring revenues (ARR) grew 18% year-over-year, with SaaS ARR reaching approximately 53% of total ARR. The company generated significant improvements in cash flow, with year-to-date operating cash flow of $115.2 million and free cash flow of $108.5 million, nearly doubling from the previous year.
Q4 total revenues were $158.5 million, with SaaS revenues tripling to $72.2 million from $23.0 million year-over-year. For full-year 2024, total revenues reached $551.0 million, with SaaS revenues growing to $208.8 million. The company maintained a strong balance sheet with $1.2 billion in cash and equivalents.
Looking ahead to 2025, Varonis expects ARR growth of 15-16% to $737.0-745.0 million, revenues of $610.0-625.0 million, and free cash flow of $120.0-125.0 million.
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