The SaaS model simplifies installation and reduces physical interaction, reduces operating expenses and data loss for application providers, and is more affordable than traditional software. However, ...
NEW YORK and LONDON, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced its first data center in the U.K. to support customers moving to ...
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Varonis outlines 83% SaaS ARR target for year-end 2025 as transition accelerates amid on-prem headwinds
For Q4 2025, Varonis expects "total revenues of $165 million to $171 million, representing growth of 4% to 8%. Non-GAAP operating income of breakeven to $3 million and non-GAAP net income per diluted ...
CEO Yakov Faitelson highlighted the continued momentum in Varonis’ SaaS business, noting: "In Q4, SaaS ARR was $638.5 million or 86% of total ARR. Q4 SaaS ARR increased 32% year-over-year, excluding ...
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Varonis signals 17% ARR growth target for 2025 while advancing SaaS transition and FedRAMP expansion
CEO Yakov Faitelson highlighted, "Our Q2 performance reflects our continued strong ARR growth and cash flow generation as we accelerate towards the completion of our SaaS transitions and make ...
For Q2 2026, Varonis guided SaaS ARR to $710.6 million to $713.6 million, representing 49% year-over-year growth at the midpoint. However, the company assumes zero conversion ARR in Q2, focusing ...
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