• Varonis Systems Inc VRNS.OQ reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of twenty analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -6 cents to -3 cents per share.

• Revenue rose 19.6% to $136.42 million from a year ago; analysts expected $133.06 million.

• Varonis Systems Inc's reported EPS for the quarter was a loss of 32 cents​.

• The company reported a quarterly loss of $35.78 million.

• Varonis Systems Inc shares had risen by 8.4% this quarter and lost 1.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 31% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Varonis Systems Inc is $53.50

This summary was machine generated from LSEG data May 6 at 09:55 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)