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These Analysts Raise Their Forecasts On Varonis Systems Folloiwng Upbeat Results

Varonis Systems (NASDAQ:VRNS) reported better-than-expected second-quarter financial results and raised its FY24 guidance on Monday. Varonis Systems reported quarterly earnings of 5 cents per share which beat the analyst consensus estimate for a loss of 2 cents per share. The company reported quarterly sales of $130.346 million which beat the analyst consensus estimate of $124.842 million, according to data from Benzinga Pro. Varonis raised its FY24 revenue guidance from $536 million – $546 million to $544 million – $552 million. The company boosted adjusted earnings outlook from 13 cents-16 cents per share to 22 cents-24 ...