Previous close | 1.1300 |
Open | 1.1300 |
Bid | 0.0000 |
Ask | 4.7000 |
Strike | 20.00 |
Expiry date | 2024-06-21 |
Day's range | 1.1300 - 1.1300 |
Contract range | N/A |
Volume | |
Open interest | 1 |
Despite Operating Losses, Varonis Demonstrates Robust SaaS Revenue and Cash Flow Improvement
NEW YORK (AP) — Varonis Systems Inc. (VRNS) on Monday reported a loss of $40.5 million in its first quarter. The results exceeded Wall Street expectations. The data-management software company posted revenue of $114 million in the period, also beating Street forecasts.
Data protection and security software company Varonis (NASDAQ:VRNS) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 6.2% year on year to $114 million. On the other hand, the company expects next quarter's revenue to be around $124.5 million, slightly below analysts' estimates. It made a non-GAAP loss of $0.03 per share, down from its loss of $0 per share in the same quarter last year.