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Stock impact report

Q3 Earnings Highs And Lows: Varonis Systems (NASDAQ:VRNS) Vs The Rest Of The Cybersecurity Stocks [Yahoo! Finance]

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: Yahoo! Finance
Cybersecurity continues to be one of the fastest-growing segments within software for good reason. Almost every company is slowly finding itself becoming a technology company and facing rising cybersecurity risks. Businesses are accelerating adoption of cloud-based software, moving data and applications into the cloud to save costs while improving performance. This migration has opened them to a multitude of new threats, like employees accessing data via their smartphone while on an open network, or logging into a web-based interface from a laptop in a new location. The 9 cybersecurity stocks we track reported a satisfactory Q3. As a group, revenues beat analysts' consensus estimates by 1% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 6.4% since the latest earnings results. Beginning with protecting Windows file shares in 2005 and evolving into a comprehensive security platf Show less Read more
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