Varonis Systems, Inc. (VRNS)
Varonis Systems: 3 Factors That Make It A Buy
I recommend Varonis Systems as a 'Buy' due to re-accelerating revenue growth, strong price momentum, and significant insider buying. Despite having not produced an operating profit, Varonis is already generating close to $100 million of cash from operations. Varonis' premium valuation is justified by projected revenue growth, strong price momentum, and substantial insider share purchases, indicating confidence in the stock's undervaluation.
Are You Looking for a Top Momentum Pick? Why Varonis Systems (VRNS) is a Great Choice
Does Varonis Systems (VRNS) have what it takes to be a top stock pick for momentum investors? Let's find out.
Varonis Systems (VRNS) is a Great Momentum Stock: Should You Buy?
Does Varonis Systems (VRNS) have what it takes to be a top stock pick for momentum investors? Let's find out.
Varonis Systems: Firing On All Cylinders
I stay buy rated given the accelerating growth due to successful SaaS transition and strong MDDR adoption. 2Q24 earnings beat expectations with total revenue growth at a new high, driving optimism for future growth outlook. My price target for VRNS is ~$77.
These Analysts Raise Their Forecasts On Varonis Systems Folloiwng Upbeat Results
Varonis Systems VRNS reported better-than-expected second-quarter financial results and raised its FY24 guidance on Monday.
Varonis Systems, Inc. (VRNS) Q2 2024 Earnings Call Transcript
Varonis Systems, Inc. (NASDAQ:VRNS ) Q2 2024 Earnings Conference Call July 29, 2024 4:30 PM ET Company Participants Tim Perz - Director of Investor Relations Yaki Faitelson - Chief Executive Officer, President, Co-Founder & Chairman Guy Melamed - Chief Financial Officer & Chief Operating Officer Conference Call Participants Saket Kalia - Barclays Brian Essex - JPMorgan Joel Fishbein - Truist Securities Matt Hedberg - RBC Capital Markets Fatima Boolani - Citi Shaul Eyal - TD Cowen Andrew Nowinski - Wells Fargo Roger Boyd - UBS Joe Gallo - Jefferies Jason Ader - William Blair Rob Owens - Piper Sandler Josh Tilton - Wolfe Research Rudy Kessinger - D.A. Davidson Shrenik Kothari - Robert W.
Varonis (VRNS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Varonis (VRNS) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Varonis Systems (VRNS) Tops Q2 Earnings and Revenue Estimates
Varonis Systems (VRNS) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to earnings of $0.01 per share a year ago.
Seeking Clues to Varonis (VRNS) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Varonis (VRNS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
Varonis Systems (VRNS) Expected to Beat Earnings Estimates: Should You Buy?
Varonis (VRNS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Varonis Systems: SaaS Transition Going Well
I continue to recommend a buy due to strong execution on the SaaS transition and a positive growth outlook. 1Q24 earnings were in line with guidance and showed improvement in the SaaS transition, with subscription revenue growing and ARR increasing. The introduction of the MDDR product and the demand for AI are expected to drive long-term growth for Varonis Systems.
