Varonis Systems (NASDAQ: VRNS) saw its stock surge 5.94% in after-hours trading on Tuesday following the release of its better-than-expected first-quarter earnings report and optimistic future guidance. The data security and analytics company demonstrated strong performance, surpassing analyst estimates and showcasing its growth potential.
For the first quarter of 2025, Varonis reported revenue of $136.42 million, representing a 19.65% increase from the same period last year and beating the analyst consensus estimate of $133.06 million. The company also surprised investors with a non-GAAP earnings per share (EPS) of $0.01, significantly outperforming the expected loss of $0.05 per share.
Adding to the positive sentiment, Varonis provided an encouraging outlook for both the second quarter and full-year 2025. For Q2, the company expects revenue between $145.0 million and $150.0 million, with non-GAAP EPS ranging from $0.00 to $0.01. The full-year 2025 guidance projects revenue of $610 million to $625 million and non-GAAP EPS between $0.14 and $0.17. These projections align well with or slightly exceed current analyst expectations, further boosting investor confidence in Varonis' growth trajectory and operational efficiency.
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