Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Varonis leaps as Wedbush upgrades after strong Q4 [Seeking Alpha]

Varonis Systems, Inc. (VRNS) 
Last varonis systems, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.varonis.com
Company Research Source: Seeking Alpha
Varonis shares jumped 7% during early trading Tuesday and have surged over the past year. "On the heels of another strong quarter with further evidence the model transition is hitting its next gear of growth and also the AI Revolution will give VRNS a clear tailwind over the next 12 to 18 months in our view," wrote Wedbush analyst Daniel Ives and others in a note. The company's fourth-quarter earnings per share of $0.27 beat estimates by $0.04. Total revenue of $154.1M beat the consensus by $2.4M. Varonis' transition to a subscription based-model appears to be working as subscription-based revenue totaled 84% of the company's revenue during the fourth quarter, up from 80% in the previous quarter. Additionally, its transition to a software-as-a-service provider is now expected by 2026, one year earlier than prior estimates, the analysts said. The New York City-based cybersecurity company has landed new partnerships with Microsoft ( MSFT ) Copilot, Salesforce ( CRM ) Shield and Show less Read more
Impact Snapshot
Event Time:
VRNS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for VRNS alerts
Opt-in for
VRNS alerts

from News Quantified
Opt-in for
VRNS alerts

from News Quantified