Varonis Q2 Revenue Tops Estimates

Varonis Systems (NASDAQ:VRNS), a data security software provider, reported its Q2 FY2025 financial results on July 29, 2025. The most notable news was GAAP revenue of $152.2 million, which outpaced analyst expectations and reflected growing demand for its cloud-based solutions. GAAP revenue reached $152.2 million, above the $149.0 million estimate, while non-GAAP earnings per share were $0.03, better than the $0.01 analyst forecast. Despite progress, profitability slipped as the company invested heavily in its ongoing shift to a Software-as-a-Service (SaaS) model, leading to a non-GAAP operating loss. Overall, the period marked continued solid top-line momentum and subscription growth, alongside cost and margin pressures typical of a business in technology transition. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Varonis Systems offers software to help organizations protect their most sensitive data. Its flagship products identify, monitor, and secure information stored both on company servers and in the cloud. Customers range from large corporations in regulated industries like healthcare and finance to growing tech businesses.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool