Varonis Systems (VRNS) to Release Quarterly Earnings on Monday
Varonis Systems (NASDAQ:VRNS) is scheduled to issue its quarterly earnings data after the market closes on Monday, April 29th. Analysts expect the company to announce earnings of ($0.64) per share for the quarter. Varonis Systems has set its Q1 2019 guidance at $-0.38–0.36 EPS and its FY 2019 guidance at $0.04-0.16 EPS.
Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings results on Monday, February 11th. The technology company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.09 by $0.11. The business had revenue of $87.52 million during the quarter, compared to analysts’ expectations of $87.33 million. Varonis Systems had a negative return on equity of 24.02% and a negative net margin of 10.57%. On average, analysts expect Varonis Systems to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
VRNS opened at $59.99 on Monday. The company has a market capitalization of $1.80 billion, a PE ratio of -61.21 and a beta of 0.96. Varonis Systems has a 12 month low of $48.67 and a 12 month high of $83.10.
In other Varonis Systems news, CEO Yakov Faitelson sold 30,000 shares of the firm’s stock in a transaction on Thursday, February 14th. The stock was sold at an average price of $54.72, for a total transaction of $1,641,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.80% of the company’s stock.
Varonis Systems Company Profile
Varonis Systems, Inc provides software products and services that allow enterprises to manage, analyze, and secure enterprise data. Its software allows enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential customer, and patient and employee data; financial records; strategic and product plans; and other intellectual property.
Recommended Story: Does the discount rate affect the economy?
Receive News & Ratings for Varonis Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Varonis Systems and related companies with MarketBeat.com's FREE daily email newsletter.