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Varonis Systems Inc   (NASDAQ: VRNS)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $45.4400 $0.69 1.542%
Day's High: $45.65 Week Perf: 2.55 %
Day's Low: $ 44.63 30 Day Perf: -7.21 %
Volume (M): 1,801 52 Wk High: $ 60.58
Volume (M$): $ 81,842 52 Wk Avg: $49.20
Open: $45.00 52 Wk Low: $41.13



 Market Capitalization (Millions $) 5,101
 Shares Outstanding (Millions) 112
 Employees 1,485
 Revenues (TTM) (Millions $) 545
 Net Income (TTM) (Millions $) -84
 Cash Flow (TTM) (Millions $) 171
 Capital Exp. (TTM) (Millions $) 5

Varonis Systems Inc

Varonis is a pioneer in data security and analytics, fighting a different battle than conventional cybersecurity companies. We are pioneers because over a decade ago, we recognized that enterprise capacity to create and share data far exceeded its capacity to protect it. We believed the vast movement of information from analog to digital mediums combined with increasing information dependence would change both the global economy and the risk profiles of corporations and governments. Since then our focus has been on using innovation to address the cyber-implications of this movement, creating software that provides ways to track and protect data wherever it is stored.

Our software allows enterprises to protect data stored on premises and in the cloud: sensitive files and emails; confidential customer, patient and employee data; financial records; strategic and product plans; and other intellectual property. Recognizing the complexities of securing data, we have built a single integrated platform for security and analytics to simplify and streamline security and data management.

The Varonis Data Security Platform, built on patented technology, allows enterprises to protect data against insider threats and cyberattacks. Our products enable enterprises to analyze data, account activity and user behavior to detect attacks. Our Data Security Platform prevents or limits unauthorized use of sensitive information, prevents potential cyberattacks and limits others by locking down sensitive and stale data. Our product efficiently sustains a secure state with automation and addresses additional use cases including governance, compliance, classification and threat analytics. Our Data Security Platform is driven by a proprietary technology, the Metadata Framework, that extracts critical metadata, or data about data, from an enterprise’s IT infrastructure. Our Data Security Platform uses this contextual information to map functional relationships among employees, data objects, content and usage.

The revolution in internet search occurred when search engines began to mine internet metadata, such as the links between pages, in addition to page content, thereby making the internet’s content more usable and consequently more valuable. Similarly, our Data Security Platform creates advanced searchable data structures out of available content and metadata, providing real-time intelligence about an enterprise’s massive volumes of data, making it more accessible, manageable and secured.

We believe that the technology underlying our Data Security Platform is our primary competitive advantage. The strength of our solution is driven by several proprietary technologies and methodologies that we have developed, coupled with how we have combined them into our highly versatile platform. Our belief in our technological advantage stems from us having developed a way to do each of the following:

determine relevant metadata and security information to capture;

capture that metadata without imposing any strains or latencies on the enterprise’s computing infrastructure;

modify that metadata in a way that makes it comparable and analyzable despite it having originated from disparate IT systems;

create supplemental metadata, as needed, when the existing IT infrastructure’s activity logs are not sufficient;

decipher the key functional relationships of metadata, the underlying data, and its creators;

use those functional relationships to create a graphical depiction, or map, of the data that will endure as enterprises add large volumes of data to their network and storage resources on a daily basis;

analyze the data and related metadata utilizing sophisticated algorithms, including cluster analyses and machine learning;

visualize and depict the analyses in an intuitive manner, including simulating contemplated changes and automatically execute tasks that are normally manually intensive for IT and business personnel;

identify and classify the data as sensitive, critical, private or regulated;

automate changes to directory service objects and access controls on large file systems;

detect suspicious user behavior and unusual file and email activity using deep analysis of metadata, machine learning and user behavior analytics; and

generate meaningful, actionable alerts when security-related incidents are detected.

The broad applicability of our technology has resulted in our customers deploying our platform for numerous use cases. These use cases include: discovery and classification of high-risk, sensitive data; centralized visibility into enterprise data, user behavior and file activity; security monitoring and risk reduction; data breach, insider threat, malware and ransomware detection; data ownership identification; reporting and auditing with searchable logs; meeting security policy and compliance regulation; data migration; and intelligent archiving.



   Company Address: 1250 Broadway, 28th Floor New York 10001 NY
   Company Phone Number: 292-8767   Stock Exchange / Ticker: NASDAQ VRNS


Customers Net Income grew by VRNS's Customers Net Profit Margin grew to

508.52 %

15.9 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
MSFT   -2.09%    
PATH   -1.12%    
PLTR   -3.4%    
RPD        1.46% 
TENB        0.41% 
YOU   -2.5%    
• View Complete Report
   



Shares

Varonis Systems Secures $400 Million for Cybersecurity Expansion with Convertible Senior Notes Offering,

Published Fri, Sep 6 2024 3:14 AM UTC



Varonis Systems, Inc. (Varonis), a leading provider of data security and analytics solutions, recently announced the pricing of a private offering of 1.00% Convertible Senior Notes due 2029. The offering, originally set at $350 million, was increased to $400 million due to strong demand from qualified institutional buyers. The New York-based company has also grante...

Financing Agreement

Varonis Systems, Inc. Elevates Financial Potential with $350 Million Convertible Senior Notes Offering,

Published Thu, Sep 5 2024 11:06 AM UTC

Varonis Systems, Inc. Announces Proposed Offering of $350 Million of Convertible Senior Notes
In a significant move to boost its financial resources and fund future growth initiatives, Varonis Systems, Inc. revealed its plans to offer $350 million aggregate principal amount of Convertible Senior Notes due 2029. The renowned technology company, listed on Nasdaq as VRNS, a...

Partnership

?Navigating the Storm Varonis Systems Inc. Amidst a Mixed Bag of Market Trends

Published Wed, Aug 7 2024 1:01 PM UTC

In an era where cybersecurity solutions are more critical than ever, Varonis Systems Inc. has made significant strides in its operational and strategic landscape, marked by recent integrations with SentinelOne and Microsoft Defender for Endpoint. These integrations not only enhance the company?s data security offerings but also signal a proactive approach to the evolving cyb...

Product Service News

Varonis Systems Sets the Stage for AWS Data Security, But Faces Financial Hurdles

Published Wed, Jun 12 2024 1:02 PM UTC

Varonis Systems Inc., a company known for its data security solutions, has taken a significant step forward in protecting cloud data with the announcement of new, automated remediation capabilities to strengthen the security posture of AWS environments. This innovation aims to minimize the risk of data breaches by continuously monitoring and rectifying potential security wea...

Varonis Systems Inc

Varonis Systems Inc reports expanding losses in recent financial period

The stock market has always been a topic of interest for investors and financial enthusiasts. It provides an avenue for individuals and companies to grow their wealth and diversify their portfolios. In recent news, Varonis Systems Inc, a leading data security firm, has made some noteworthy developments that are bound to impact its future results.
For the financial period of January to March 31, 2024, Varonis Systems Inc reported an increase in their shortfall per share. Although the increase from $-0.35 to $-0.37 per share may seem small, it does highlight the company's commitment to transparency and improvement. Additionally, the company witnessed a growth in their net shortfall from $-0.01 per share compared to the prior quarter.







Varonis Systems Inc's Segments
Maintenance    14.53 % of total Revenue
North America    77.82 % of total Revenue
EMEA    18.91 % of total Revenue
Rest of World    3.28 % of total Revenue





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