Varonis Systems, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024
February 05, 2024 at 04:05 pm EST
Share
Varonis Systems, Inc. provided earnings guidance for the first quarter and full year of 2024. For the first quarter of 2024, the company expects revenues of $111.0 million to $115.0 million, or year-over-year growth of 3% to 7%.
For full year 2024, the company expects revenues of $536.0 million to $546.0 million, or year-over-year growth of 7% to 9%.
Varonis Systems, Inc. is a provider of data security services. The Companyâs cloud-native Data Security Platform discovers and classifies critical data, removes exposures, and detects advanced threats with artificial intelligence (AI)-powered automation. Its software enables enterprises of all sizes and industries to protect data stored on-premises and in the cloud, including sensitive files, emails and databases; confidential personal data belonging to customers, patients and employees; financial records; source code, strategic and product plans; and other intellectual property. The Varonis data security platform helps enterprises protect data against cyberattacks from both internal and external threats. The Companyâs products include DatAdvantage, including the Automation Engine; DatAlert, including Varonis Edge; DataPrivilege, Data Classification Engine, including Policy Pack and Data Classification Labels; Data Transport Engine, and DatAnswers.