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Stock impact report

Varonis Systems: This Is Now A Wait And See Story (Rating Downgrade) [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
Q4 revenue grew 9% y/y, with SaaS ARR up 32% y/y ex-conversions, but margins weakened and net retention remains at 110%. Management guides FY2026 SaaS ARR growth ex-conversions to slow further, challenging the thesis of accelerating growth post-migration. The sharp valuation reset reflects skepticism; VRNS is now a 'show me' story requiring tangible improvements in SaaS metrics. Hwangdaesung/iStock via Getty Images Investment overview I wrote about Varonis Systems ( VRNS ) previously with a buy rating, as I saw potential for growth to accelerate given the underlying momentum. I also liked that the transition has been completed ahead of This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Show less Read more
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