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, Inc. (Nasdaq: VRNS), a leader in data security, has announced its participation in the upcoming Citi's 2024 Global TMT Conference and GEMS Conference in New York. The company's presentation is scheduled for September 4 at 2:10 p.m. ET.
Investors and interested parties can access the live audio webcast of the presentation through the 'Investor Relations' section of Varonis' website at ir.varonis.com. The webcast will be archived on the site for a time after the conference.
For those seeking more information about Varonis' solution portfolio, the company's website at www.varonis.com offers comprehensive details. Varonis also encourages engagement through its blog and social media platforms, including X (Twitter), LinkedIn, and YouTube.
Varonis Systems, Inc. (Nasdaq: VRNS) has announced new integrations with SentinelOne and Microsoft Defender for Endpoint. These integrations enhance Varonis' Managed Data Detection and Response (MDDR) service by expanding visibility to customers' endpoints. Key benefits include:
1. Earlier threat detection: MDDR analysts can identify and stop threats earlier in the kill chain using EDR alerts.
2. Swifter investigations: Consolidation of telemetry from multiple detection surfaces for fast and conclusive forensics.
3. Maximized EDR investment: Correlation of EDR alerts with Varonis' data-centric alerts to spot threats that might go unnoticed.
The integrations are immediately available, aiming to address visibility gaps exploited by threat actors and enhance the value of Varonis' MDDR offering.
Varonis Systems, Inc. (Nasdaq: VRNS) has unveiled new AI-powered data discovery and classification capabilities to enhance its data security platform. This advancement offers:
- Minimal training requirements with high accuracy
- Cost-effective local data scanning without data leaving customer environments
- Transparent and flexible AI models for easy validation
The new AI classifiers complement Varonis' existing classification engine, providing a comprehensive toolkit for organizations to accurately identify and categorize their unique data types. This innovation aims to improve risk prioritization, exposure remediation, and security control enforcement.
Varonis Systems, Inc. (VRNS) announced strong Q2 2024 financial results, highlighting 18% year-over-year growth in annual recurring revenues (ARR) to $584.2 million. SaaS ARR reached 36% of total ARR, reflecting growing momentum in their SaaS platform. Total revenues increased to $130.3 million, up from $115.4 million in Q2 2023. The company reported improved cash flow, generating $68.4 million from operations and $67.3 million in free cash flow year-to-date. Varonis raised its full-year ARR and free cash flow guidance, expecting ARR to reach $629.0-$635.0 million and free cash flow of $80.0-$85.0 million for 2024. The company also increased its SaaS ARR expectations to 48% for the full year, demonstrating strong adoption of its SaaS offerings.
Varonis Systems, Inc. (Nasdaq: VRNS) announced its participation as a Platinum Plus Sponsor at Black Hat USA 2024. The company will showcase its cloud-native Data Security Platform at booth #1250, demonstrating how organizations can strengthen their data security posture across multi-cloud storage and SaaS apps.
Key highlights include:
- An expert session on safely deploying AI Copilots, presented by Varonis Field CTO Brian Vecci on August 7 at 10:55 a.m.
- Sponsorship of Optiv's Black Hat After-Party on August 7
- Opportunities for 1:1 meetings and 30-minute product demos
Varonis aims to educate attendees on identifying and mitigating threats, safeguarding sensitive data, and ensuring compliance with privacy regulations through automation.
Varonis Systems, a leader in data security, has announced the release date for its second quarter 2024 financial results. The results will be published on July 29, 2024, following the close of the U.S. financial markets.
Varonis will also host a conference call at 4:30 p.m. ET on the same day to discuss the financial outcomes. Interested parties can join the call by dialing 877-425-9470 (domestic) or 201-389-0878 (international) with the conference ID 13747734. For those unable to attend, a replay will be available until August 5, 2024. The live webcast and replay will be accessible on the company's investor relations webpage.
Visit Varonis' website for more information on their solutions and join their conversations on social media platforms.
Varonis Systems has secured the 'In Process' designation with FedRAMP, affirming its commitment to providing secure cloud solutions for the federal government. This milestone is important for Varonis, known for its data security platform that discovers, classifies, and protects critical data using AI-powered automation. The platform is used by hundreds of government agencies to meet compliance mandates, including EO 14028 and OMB 22-09 requirements. This designation allows Varonis to further deliver its cloud-native security solutions to federal entities, supporting their efforts to reduce data breach risks and monitor threats in real time. Varonis is also listed in several government contract vehicles, facilitating easier adoption by federal agencies.
Varonis Systems has announced new automated remediation capabilities to enhance data security on AWS. These features automatically identify and rectify critical misconfigurations, eliminate identity-related risks, and prevent public data exposure. This innovation aims to address the increasing volume of security issues in cloud environments, offering a self-securing AWS environment that matches the pace of data growth and developer agility. Key functionalities include blocking public access to sensitive S3 buckets, removing inactive users, and deleting stale access keys. These solutions are now available in the Varonis Data Security Platform.
Varonis Systems, a leader in data security, has announced their participation in AWS re:Inforce, taking place from June 10-12, 2024, at the Pennsylvania Convention Center in Philadelphia. They will be showcasing their cloud-native Data Security Platform (DSP) at booth 303. Varonis aims to demonstrate how their DSPM (Data Security Posture Management) solutions can enhance security across AWS environments, including IAM, S3, RDS, and EC2. A featured session by Mike Thompson, Director of Cloud and Security Architecture, will detail the importance of automated DSPM for identifying sensitive data, managing identities and permissions, and proactively detecting threats. The session is scheduled for June 12 at 11 a.m. in Theater 3.
Varonis Systems, a leader in data security, has been recognized as a Customers' Choice in the 2024 Gartner Peer Insights Voice of the Customer report for Data Security Posture Management (DSPM). Varonis received the highest number of verified five-star reviews and overall reviews in this category, with 94% of customers recommending the platform. The company also exceeded market averages in Overall Experience and User Interest and Adoption. Chief Marketing Officer Rob Sobers highlighted that this recognition validates Varonis' focus on delivering measurable customer outcomes.