Skip to main content

What To Expect From Varonis Systems’s (VRNS) Q4 Earnings

VRNS Cover Image

Data security company Varonis Systems (NASDAQ: VRNS) will be announcing earnings results this Tuesday after the bell. Here’s what investors should know.

Varonis Systems missed analysts’ revenue expectations by 2.7% last quarter, reporting revenues of $161.6 million, up 9.1% year on year. It was a softer quarter for the company, with full-year revenue guidance slightly missing analysts’ expectations and revenue guidance for next quarter slightly missing analysts’ expectations.

Is Varonis Systems a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Varonis Systems’s revenue to grow 6.1% year on year to $168.2 million, improving from the 2.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.03 per share.

Varonis Systems Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Varonis Systems has missed Wall Street’s revenue estimates twice over the last two years.

With Varonis Systems being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for cybersecurity stocks. However, the whole sector has faced a sell-off over the last month with stocks in Varonis Systems’s peer group down 12.5% on average. Varonis Systems is down 9.5% during the same time and is heading into earnings with an average analyst price target of $48.15 (compared to the current share price of $29.83).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.

Recent Quotes

View More
Symbol Price Change (%)
AMZN  245.02
+5.72 (2.39%)
AAPL  264.08
+4.60 (1.77%)
AMD  248.53
+11.80 (4.98%)
BAC  53.95
+0.74 (1.40%)
GOOG  343.24
+4.71 (1.39%)
META  705.90
-10.60 (-1.48%)
MSFT  424.65
-5.64 (-1.31%)
NVDA  189.22
-1.91 (-1.00%)
ORCL  167.84
+3.26 (1.98%)
TSLA  422.68
-7.73 (-1.80%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.