What is Varonis.?
A) Data Protection SAAS company?
B) New Light beer?
Feb 6--> Yaki says-
Varonis reports Q4 EPS 24c, consensus 17c 02/06 VRNS Reports Q4 revenue $142.62M, consensus $140.69M. Yaki Faitelson, Varonis CEO, said, "While it's still early, the initial reception from our customers and our sales force to our new SaaS product was encouraging and gives us additional confidence in our ability to weather this current economic environment and emerge from this transition with healthy growth and profitability on our path to achieving $1 billion in ARR."
Today Stephens initiates Varonis at Overweight, sees runway for long-term growth 18:39 VRNS Stephens analyst Brian Colley initiated coverage of Varonis with an Overweight rating and $32 price target. The firm views Varonis as a leader in Data Security with a strong competitive moat built upon its "industry-leading" technology and track record of innovation. Stephens added that it sees ample runway for long-term sustainable growth.
>> Over a week ago Varonis opens Australia data center to support clients moving to SaaS offering 04/11 VRNS Varonis Systems announced the opening of its first data center in Australia to support customers moving to Varonis' SaaS offering. The new data center, located in Sydney, will help Varonis customers demonstrate compliance with national data sovereignty rules and enable them to leverage Varonis' world-class visibility, automation, and support. The new data center will help Varonis meet growing demand from the local market at a time when Australian companies have been hit hard by a relentless wave of ransomware attacks and proposed Australian Privacy Act amendments place increased scrutiny and potential data breach fines on organizations that fail to protect personal information."After doubling our team in the past year, Varonis is proud to announce we are positioned for further growth with our new data center in Australia, which opens the door for organizations interested in adopting Varonis' SaaS offering," said Varonis Vice President of APAC Scott Leach. "Privacy-minded companies can be assured data is kept locally while they benefit from everything our SaaS platform brings to the table - from classifying critical data and slashing exposure to putting a stop to threats such as ransomware and insider attacks - automatically and with minimal effort."
A) Data Protection SAAS company?
B) New Light beer?
Feb 6--> Yaki says-
Varonis reports Q4 EPS 24c, consensus 17c 02/06 VRNS Reports Q4 revenue $142.62M, consensus $140.69M. Yaki Faitelson, Varonis CEO, said, "While it's still early, the initial reception from our customers and our sales force to our new SaaS product was encouraging and gives us additional confidence in our ability to weather this current economic environment and emerge from this transition with healthy growth and profitability on our path to achieving $1 billion in ARR."
Today Stephens initiates Varonis at Overweight, sees runway for long-term growth 18:39 VRNS Stephens analyst Brian Colley initiated coverage of Varonis with an Overweight rating and $32 price target. The firm views Varonis as a leader in Data Security with a strong competitive moat built upon its "industry-leading" technology and track record of innovation. Stephens added that it sees ample runway for long-term sustainable growth.
>> Over a week ago Varonis opens Australia data center to support clients moving to SaaS offering 04/11 VRNS Varonis Systems announced the opening of its first data center in Australia to support customers moving to Varonis' SaaS offering. The new data center, located in Sydney, will help Varonis customers demonstrate compliance with national data sovereignty rules and enable them to leverage Varonis' world-class visibility, automation, and support. The new data center will help Varonis meet growing demand from the local market at a time when Australian companies have been hit hard by a relentless wave of ransomware attacks and proposed Australian Privacy Act amendments place increased scrutiny and potential data breach fines on organizations that fail to protect personal information."After doubling our team in the past year, Varonis is proud to announce we are positioned for further growth with our new data center in Australia, which opens the door for organizations interested in adopting Varonis' SaaS offering," said Varonis Vice President of APAC Scott Leach. "Privacy-minded companies can be assured data is kept locally while they benefit from everything our SaaS platform brings to the table - from classifying critical data and slashing exposure to putting a stop to threats such as ransomware and insider attacks - automatically and with minimal effort."
