Varonis Systems stock trades at EUR 41.36 as daily change is minus 0.43 percent
Varonis Systems (VRNS) stock traded at EUR 41.36 on September 30, 2026, marking a 0.43% decrease from its prior close. The company reported Q2/2026 revenue of USD 180.02 million, surpassing estimates, and a 25% rise in SaaS ARR excluding conversions to USD 598.1 million. The article also mentions earlier reports of potential acquisition talks with Thoma Bravo-owned Proofpoint and analyst price targets.
Free cash flow of Varonis Systems, Inc. – HAN:VS2
This article focuses on the free cash flow of Varonis Systems, Inc., identified by its Hannover Stock Exchange ticker VS2. It is presented as a financial data point within a trading platform context. The content is brief and serves primarily as a title for financial information.
Varonis Systems, Inc. Statistics – HAN:VS2
This page provides key financial statistics and ratios for Varonis Systems, Inc. (HAN:VS2), including valuation, profitability, liquidity, solvency, and per-share metrics. Users can access annual and quarterly data to analyze the company's market capitalization, P/E Ratio, EPS, and ROI.
US922280AC6 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the Varonis Systems, Inc. US922280AC6 bond, which is a 1.0% corporate bond maturing on September 15, 2029. It covers key details such as the issuer, issue date, maturity date, face value, and minimum denomination. The profile also outlines the semi-annual fixed-rate coupon payments and a schedule of upcoming payouts.
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Varonis Systems, Inc. (VRNS) And Encourages Shareholders to Reach Out
Bronstein, Gewirtz & Grossman, LLC has launched an investigation into Varonis Systems, Inc. (VRNS) concerning potential corporate wrongdoing by the company's officers and/or directors. The firm is encouraging shareholders who purchased Varonis securities before February 4, 2025, and still hold them, to contact them to assist with the investigation. This investigation operates on a contingency fee basis, meaning Varonis investors will not incur costs unless the firm is successful in recovering capital.
Varonis Systems, Inc. (VRNS) Stock Price, News, Quote & History
This Yahoo Finance page provides comprehensive financial data for Varonis Systems, Inc. (VRNS), including its stock price, historical performance, key statistics, company overview, recent news, and analyst ratings. It highlights the company's software products for data security and its market performance compared to the S&P 500.
Up to 30% of company data is clutter. Varonis now removes it automatically.
Varonis (VRNS) has launched its Data Lifecycle Management (DLM) capability, an automated tool designed to identify and remove redundant, obsolete, and trivial (ROT) data. This aims to reduce storage costs, mitigate security and compliance risks, and improve AI output quality. The DLM system, built on the Varonis Data Security Platform, classifies data, provides context for duplicates, enforces retention policies, and ensures actions are reversible, with up to 30% of enterprise data identified as ROT.
Varonis Systems, Inc. (NASDAQ:VRNS) Given Average Rating of "Moderate Buy" by Analysts
Varonis Systems, Inc. (NASDAQ:VRNS) has received a "Moderate Buy" consensus rating from twenty-four analysts, with an average 12-month price target of approximately $49.79. The company recently reported better-than-expected quarterly earnings and revenue, with EPS of $0.04 against a $0.01 consensus and revenue of $180.02 million, an 18.3% year-over-year increase. Institutional investors hold a significant 95.65% stake in the company, with notable increases from firms like Senvest Management and Arrowstreet Capital.
Engineers Gate Manager LP Buys New Position in Varonis Systems, Inc. $VRNS
Engineers Gate Manager LP has acquired a new position in Varonis Systems, Inc. (NASDAQ:VRNS), purchasing 34,342 shares valued at approximately $1.44 million. The company has a "Moderate Buy" consensus from analysts, with an average price target of $49.79, and recently exceeded quarterly earnings and revenue expectations. Institutional investors collectively own 95.65% of Varonis Systems.
How Varonis’ New Data Lifecycle Automation At Varonis Systems (VRNS) Has Changed Its Investment Story
Varonis Systems (VRNS) recently launched Data Lifecycle Management (DLM), a new capability designed to automatically identify and remediate redundant, obsolete, and trivial data. This new tool enhances Varonis's data security platform by linking data cleanup to sensitivity, access, and activity, thereby reducing storage waste and improving AI output quality. The introduction of DLM is expected to strengthen Varonis's investment narrative around AI-driven data security and SaaS growth, complementing its existing Varonis Atlas AI security platform.
Varonis Launches Data Lifecycle Management to Cut Storage Costs in the Face of Unprecedented Data Growth
Varonis Systems, Inc. has launched Varonis Data Lifecycle Management (DLM), a new capability designed to automatically identify and remove redundant, obsolete, and trivial (ROT) data from enterprise systems. This aims to help companies reduce storage costs, improve AI output quality, and minimize their attack surface. The DLM platform leverages Varonis' existing Data Security Platform to classify data, understand access context, and monitor activity, enabling confident deletion with configurable policies and a reversible action safeguard.
INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Varonis Systems Inc. to Contact Law Firm
Moore Law PLLC is encouraging investors in Varonis Systems Inc. (NYSE: VRNS) to contact their law firm regarding potential legal action. The firm alleges that Varonis made misleading statements about its transition to a SaaS model and its ability to convert existing on-premise customers, leading to a significant drop in stock price after Q3 2025 financial results. Investors who purchased VRNS securities are invited to seek monetary damages and corporate governance reforms.
INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Varonis Systems Inc. to Contact Law Firm
Moore Law PLLC is encouraging investors in Varonis Systems Inc. (NYSE: VRNS) to contact the firm regarding a potential investigation. The investigation concerns allegations that Varonis made misleading statements about its ability to convert existing on-premise customers to SaaS and the growth potential of its Annual Recurring Revenue (ARR). The company's Q3 2025 financial results significantly missed estimates, leading to a substantial drop in stock price.
Varonis (VRNS) Surges 10.4%: Is This an Indication of Further Gains?
Varonis (VRNS) shares surged 10.4% in the last trading session, closing at $46.76, driven by strong growth in its SaaS business, particularly a 25% year-over-year rise in SaaS ARR excluding conversions. The company is benefiting from increased spending on data and AI security, leading to investor confidence in its growth outlook. However, the consensus EPS estimate for the upcoming quarter has remained unchanged, and the stock currently holds a Zacks Rank #3 (Hold), suggesting that continued gains may depend on future earnings estimate revisions.
Proofpoint Eyes $5.4B Bid for Varonis
Thoma Bravo-backed Proofpoint is reportedly in negotiations to acquire Varonis Systems Inc., with Varonis valued at approximately $5.4 billion. While no binding agreement has been signed, an announcement could be made in the coming weeks. This potential deal highlights a resurgence in cybersecurity M&A following an increase in AI-fueled breaches and a cooling in broader software M&A earlier in 2026.
Varonis Systems Inc (VRNS) Stock Up 10.4% and Still Undervalued -- GF Score: 77/100
Varonis Systems Inc (VRNS) stock has recently seen a 10.4% rise and is up 42.6% year-to-date, despite being down 17.7% over the past year. GuruFocus estimates VRNS is undervalued by 16.6% with a GF Value of $56.07 against its current price of $46.76, earning it a GF Score of 77/100. However, the company is unprofitable and cash-flow negative, making Price-to-Sales a more appropriate valuation metric than the high forward P/E of 113.4x.
Varonis Achieves Snowflake Premier Partner Status
Varonis Systems, Inc. has achieved Snowflake Premier Partner status and is now available on the Snowflake Marketplace. This expanded collaboration aims to enhance data security for customers building and running AI in Snowflake, making it easier to discover and classify sensitive data, map permissions, and detect threats. Customers can also utilize the Snowflake Marketplace Capacity Drawdown program for Varonis services.
Enterprise value to EBIT forward of Varonis Systems, Inc. – BX:VS2
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Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Varonis Systems, Inc. (VRNS) and Encourages Shareholders to Learn More About the Investigation
Bronstein, Gewirtz & Grossman, LLC has launched an investigation into Varonis Systems, Inc. (NASDAQ:VRNS) regarding potential corporate wrongdoing by the company and its officers/directors. The firm is encouraging Varonis investors who purchased securities prior to February 4, 2025, and continue to hold them, to join the investigation. Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis and aims to recover investor capital through class actions.
ETFs Investing in Varonis Systems, Inc. Stocks
This article lists various Exchange Traded Funds (ETFs) that hold Varonis Systems, Inc. (VS2) stocks, providing investors with a detailed overview of funds that offer exposure to this technology services company. The ETFs are sorted by market value and include key metrics such as market value, weight of VS2 in the fund, issuer, management style, focus, expense ratio, assets under management (AUM), price, change, relative volume, and 3-year NAV total return. The information aims to help investors identify accessible and diversified investment opportunities with lower risk.
82,862 Shares in Varonis Systems, Inc. $VRNS Acquired by Trillium Asset Management LLC
Trillium Asset Management LLC acquired 82,862 shares of Varonis Systems, Inc. (NASDAQ:VRNS) in the second quarter, valued at approximately $3.48 million, increasing institutional ownership to 95.65%. Several other institutional investors also adjusted their stakes, and analysts have set a consensus "Moderate Buy" rating with an average target price of $49.05 for the cybersecurity firm. Varonis Systems recently reported strong quarterly earnings, beating consensus estimates with $0.04 EPS and $180.02 million in revenue.
Varonis Systems, Inc. (VRNS) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation
Bronstein, Gewirtz & Grossman, LLC has launched an investigation into Varonis Systems, Inc. (NASDAQ:VRNS) for potential corporate wrongdoing. The firm is encouraging investors who purchased Varonis securities before February 4, 2025, and still hold them, to contact them to learn more about the investigation and potentially assist with the claims. Bronstein, Gewirtz & Grossman, LLC represents investors on a contingency fee basis in securities fraud class actions.
Bronstein, Gewirtz & Grossman, LLC Encourages Varonis Systems, Inc. (VRNS) Shareholders to Inquire about Securities Investigation
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Varonis Systems, Inc. (NASDAQ:VRNS) securities who bought shares prior to February 4, 2025, and still hold them. The investigation aims to determine if Varonis and its officers engaged in corporate wrongdoing. The firm encourages affected investors to contact them to assist with the investigation, with no cost to the investors unless successful.
VRNS Stock News Today | Earnings, Events & Price Alerts
This page provides a consolidated view of news and events related to VRNS stock, including recent headlines about earnings, analyst upgrades, and potential sale considerations. It also lists past news and upcoming events, offering investors a snapshot of Varonis Systems' market performance and related developments.
Bronstein, Gewirtz & Grossman, LLC Is Investigating Varonis Systems, Inc. (VRNS) And Encourages Investors to Connect
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against Varonis Systems, Inc. (VRNS) for alleged corporate wrongdoing. The firm is encouraging investors who purchased Varonis securities before February 4, 2025, and still hold them, to join the investigation. Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, aiming to recover investor capital and ensure corporate accountability.
How Varonis' New AI Agent IBAC Safeguards Within Atlas Have Changed Its Investment Story (VRNS)
Varonis Systems (VRNS) recently launched Agent Intent-Based Access Control (IBAC) within its Atlas platform, providing new safeguards for AI agents by monitoring their reasoning, tool use, and data access. This development strengthens Varonis's AI security narrative, positioning it as a control plane for AI agents and data access, despite ongoing GAAP losses and stock-based compensation risks. The company's investment narrative projects significant revenue and earnings growth by 2029, with fair value estimates aligning with or exceeding its current price.
Assenagon Asset Management S.A. Lowers Position in Varonis Systems, Inc. $VRNS
Assenagon Asset Management S.A. significantly reduced its stake in Varonis Systems, Inc. by 75.5% in the second quarter, selling over 53,000 shares but retaining a holding valued at $730,000. Despite this, other institutional investors have recently increased their positions in VRNS, with hedge funds and institutions collectively owning 95.65% of the company. Varonis Systems reported strong quarterly revenue growth of 18.3% and beat EPS estimates, maintaining a "Moderate Buy" consensus rating from analysts with a target price of $49.05.
How Varonis' New AI Agent IBAC Safeguards Within Atlas Have Changed Its Investment Story (VRNS)
Varonis Systems, Inc. recently launched Agent Intent-Based Access Control (IBAC) within its Atlas platform, designed to safeguard AI agents by monitoring their reasoning, tool use, and data access. This new capability, offering full-session evaluation and customizable policies, strengthens Varonis's position in AI security. While it reinforces the company's long-term investment narrative regarding protecting sensitive data in an AI-driven world, it doesn't immediately resolve concerns about near-term GAAP losses and dilution risk from stock-based compensation, despite revenue growth.
How Varonis' New AI Agent IBAC Safeguards Within Atlas Have Changed Its Investment Story (VRNS)
Varonis Systems recently launched Agent Intent-Based Access Control (IBAC) within its Atlas platform, designed to safeguard AI agents by monitoring their reasoning, tool use, and data access. This new feature reinforces Varonis' position as a control plane for AI agents and data, potentially strengthening its AI security narrative. While the launch supports the company's long-term recurring SaaS business model, it doesn't immediately resolve the tension between double-digit revenue growth, ongoing operating losses, and dilution risk from stock-based compensation.
Quantinno Capital Management LP Has $1.65 Million Stock Holdings in Varonis Systems, Inc. $VRNS
Quantinno Capital Management LP significantly increased its stake in Varonis Systems, Inc. by 59% in Q1, bringing its total holdings to $1.65 million. Varonis Systems reported strong Q2 revenue and EPS that exceeded analyst expectations, though the company continues to operate with negative net margins. Analyst sentiment remains largely positive with a consensus "Moderate Buy" rating.
Dimensional Fund Advisors LP Has $4.36 Million Stock Holdings in Varonis Systems, Inc. $VRNS
Dimensional Fund Advisors LP significantly increased its stake in Varonis Systems, Inc. (NASDAQ:VRNS) by 556% in the first quarter, now holding 203,037 shares valued at approximately $4.36 million. This move is part of broader institutional interest, with hedge funds owning 95.65% of the company. Analysts maintain a "Moderate Buy" consensus rating with an average price target of $49.05, following Varonis's recent earnings beat, where it reported $0.04 EPS against a projected $0.01 and revenue of $180.02 million, an 18.3% year-over-year increase.
The Manufacturers Life Insurance Company Sells 833,712 Shares of Varonis Systems, Inc. $VRNS
The Manufacturers Life Insurance Company significantly reduced its stake in Varonis Systems, Inc. (NASDAQ:VRNS) by selling 833,712 shares, decreasing its holdings by 93.9% to 54,001 shares. Despite this large sale, institutional investors still hold 95.65% of the company's stock. Varonis reported strong quarterly revenue growth of 18.3% year-over-year and exceeded EPS expectations, though it remains unprofitable, while analysts maintain a "Moderate Buy" consensus rating with an average price target above its current trading price.
Varonis Systems Number of Employees 2026 | Employee Count & Headcount Data
Varonis Systems, Inc. (VRNS) had approximately 2,729 total employees worldwide as of March 2026, representing a 13.5% growth since 2023. The company is actively hiring, with 160 active job postings in 2026. The average salary is $125,817, and North America holds the largest concentration of its workforce.
Varonis to Present at Upcoming Investor Conference
Varonis Systems, Inc. (Nasdaq: VRNS) announced its participation in Citi's 2026 Global TMT Conference from September 8-10 in New York. The company's presentation is scheduled for September 9 at 1:55 p.m. ET, and an audio webcast will be available on their investor relations website. Varonis, a data and AI security leader, will discuss its solutions for securing AI and data.
Varonis to Webcast Sept. 9 Presentation From New York Conference
Varonis (Nasdaq: VRNS) announced it will present at Citi's 2026 Global TMT Conference in New York on September 9, 2026, at 1:55 p.m. ET. A live audio webcast and archive of the presentation will be available on the Investor Relations section of the company's website. Varonis specializes in securing AI and the data that powers it, offering automated visibility and control over critical data.
Varonis Systems, Inc. $VRNS Shares Bought by California State Teachers Retirement System
The California State Teachers Retirement System increased its stake in Varonis Systems, Inc. (NASDAQ:VRNS) by 23.1% in the first quarter, now owning 132,215 shares. Institutional investors and hedge funds collectively hold 95.65% of the company's stock. Analysts generally maintain a "Moderate Buy" rating for Varonis Systems with a consensus target price of $49.05, following the company's Q1 earnings which surpassed expectations.
Varonis (VRNS) Is Up 8.9% After Launching AI Agent Access Controls And Raising 2026 Outlook
Varonis Systems, Inc. (VRNS) stock increased by 8.9% following the launch of its Agent Intent-Based Access Control within the Atlas platform, enhancing safeguards for AI agents. The company also reported strong second-quarter revenue of US$180.02 million and raised its 2026 revenue guidance to US$735.0 million to US$739.0 million, indicating continued double-digit growth. This move reinforces Varonis's position in aligning its data security platform with the growing demands for enterprise AI and compliance, although risks like ongoing losses and stock-based compensation dilution remain.
Is Varonis Systems (VRNS) Undervalued After Its AI Security Launch And Revenue Guidance?
Varonis Systems (VRNS) recently launched its AI security product, Agent Intent-Based Access Control (IBAC), which has sparked investor interest following a period of strong share price momentum. While one valuation narrative suggests the company is 4.7% undervalued at $45.55 per share, another discounted cash flow (DCF) model indicates a substantial discount with a future cash flow value of $72.18, suggesting a significant undervaluation. The company's future valuation hinges on its SaaS transition success and ability to maintain its niche against larger platforms.
Varonis Systems, Inc. $VRNS Shares Acquired by Sei Investments Co.
Sei Investments Co. significantly increased its stake in Varonis Systems (NASDAQ:VRNS) by 90.8% in the first quarter, acquiring an additional 131,520 shares, bringing its total ownership to 276,351 shares valued at approximately $5.9 million. This move is part of broader institutional interest, with hedge funds owning 95.65% of the company's stock. Analysts maintain a "Moderate Buy" consensus for Varonis Systems, with several firms raising their price targets following strong quarterly revenue and adjusted EPS that surpassed estimates.
Elastic, Snowflake, Akamai, and Varonis Systems Shares Are Soaring, What You Need To Know
Shares in enterprise software, cybersecurity, and cloud infrastructure sectors surged after Palantir's blockbuster earnings report, which highlighted strong demand and monetization for its Artificial Intelligence Platform. This sector-wide rally was further amplified by easing geopolitical tensions and a drop in Treasury yields, creating a "risk-on" environment for growth-oriented tech equities. Despite a general upswing, Varonis Systems (VRNS) experienced high volatility, with a recent drop reflecting concerns over underlying business metrics despite beating headline estimates.
Renaissance Technologies LLC Acquires 344,064 Shares of Varonis Systems, Inc. $VRNS
Renaissance Technologies LLC significantly increased its stake in Varonis Systems, Inc. (NASDAQ:VRNS) by 848.3% in the first quarter, purchasing an additional 344,064 shares to bring its total holdings to 384,625 shares valued at approximately $8.26 million. This increase comes as Varonis reported strong quarterly revenue of $180.02 million, exceeding estimates by 18.3% year over year, and adjusted EPS of $0.04, beating expectations despite the company remaining unprofitable on a net-margin basis. Analyst sentiment for VRNS is largely positive, with a consensus "Moderate Buy" rating and an average price target of $49.05, which is above the stock's recent opening price of $41.18.
Varonis tool can block an AI agent's next actions after a violation
Varonis (Nasdaq: VRNS) has launched Agent Intent-Based Access Control (IBAC), a new capability within its Atlas platform, designed to connect AI agents to enterprise data while enforcing safeguards. This tool evaluates an AI agent's reasoning, tool use, and data access against its instructions, featuring intent-drift detection, full session evaluation, and quarantine capabilities to prevent rogue AI actions. Agent IBAC is compatible with existing AI tools like Claude Code and GitHub Copilot and is available now to Varonis Atlas customers.
Bronstein, Gewirtz & Grossman, LLC Is Investigating Varonis Systems, Inc. (VRNS) And Encourages Investors to Connect
Bronstein, Gewirtz & Grossman, LLC has announced an investigation into Varonis Systems, Inc. (VRNS) regarding potential corporate wrongdoing. The firm is encouraging investors who purchased Varonis securities before February 4, 2025, and still hold them, to join the investigation. The firm operates on a contingency fee basis for such securities fraud class actions and shareholder derivative suits.
Varonis Systems Inc Q2 2026: Revenue $180M, Net loss $46.8M, Diluted EPS $(0.41) — 10-Q Summary
Varonis Systems Inc. (VRNS) reported its Q2 2026 results with revenue reaching $180 million, an 18.3% increase year-over-year from $152.2 million in Q2 2025. Despite revenue growth, the company experienced a wider net loss of $46.8 million and a diluted loss per share of $(0.41), compared to a net loss of $35.8 million and diluted loss per share of $(0.32) in the prior year. Key business highlights include a strong transition to SaaS with a 52% increase in SaaS ARR, broadened platform capabilities through acquisitions, and increased operational investment to support SaaS scalability.
Bank of New York Mellon Corp Acquires 80,743 Shares of Varonis Systems, Inc. $VRNS
Bank of New York Mellon Corp increased its stake in Varonis Systems, Inc. by 17.1% during the first quarter of 2026, acquiring an additional 80,743 shares and bringing its total holdings to 552,203 shares valued at approximately $11.9 million. Varonis Systems exceeded its Q2 2026 earnings and revenue estimates, reporting $0.04 EPS on $180.02 million in revenue, leading to positive sentiment and price target increases from several analysts. Despite a consensus "Moderate Buy" rating, the company faces ongoing valuation concerns, highlighted by a recent analyst downgrade and a reduced target from Barclays.
Varonis Systems, Inc. (NASDAQ:VRNS) Just Reported And Analysts Have Been Lifting Their Price Targets
Varonis Systems (NASDAQ:VRNS) recently reported its second-quarter results, with revenues in line at US$180m but statutory losses increasing to US$0.41 per share. Analysts have reconfirmed revenue numbers but significantly increased per-share loss expectations, yet the average price target has risen by 11% to US$45.54. The company's revenue growth is expected to accelerate to 15% annually by 2026, aligning with the broader industry's growth rate.
Varonis Systems, Inc. 2026 Q2 - Results - Earnings Call Presentation (NASDAQ:VRNS) 2026-07-30
Varonis Systems, Inc. (NASDAQ:VRNS) has published its Q2 2026 earnings call presentation. The company reported an EPS of $0.04, beating estimates by $0.03, and revenue of $180.02M, surpassing expectations by $3.08M with an 18.31% year-over-year increase. This presentation provides details discussed during their recent earnings call.
Arrowstreet Capital Limited Partnership Purchases 966,817 Shares of Varonis Systems, Inc. $VRNS
Arrowstreet Capital Limited Partnership significantly increased its stake in Varonis Systems (NASDAQ:VRNS) by 218.4% in the first quarter, acquiring 966,817 additional shares to bring its total holdings to 1.41 million shares, valued at $30.3 million. This strategic move aligns with Varonis Systems' strong second-quarter performance, where the company surpassed analyst expectations on both EPS and revenue, demonstrating 18.3% year-over-year revenue growth. Despite the company's strong performance and positive analyst sentiment, Varonis Systems remains unprofitable on a reported basis, with a negative net margin and return on equity.
Varonis Systems, Inc. (NASDAQ:VRNS) Receives Average Recommendation of "Moderate Buy" from Analysts
Varonis Systems (NASDAQ:VRNS) has received a consensus "Moderate Buy" rating from analysts, with an average 12-month price target of $48.26. The company recently surpassed Q2 earnings and revenue estimates, and management raised its SaaS annual recurring revenue growth outlook. Despite positive results, Varonis remains unprofitable, and its stock has experienced volatility.
Varonis Q2 Earnings Surpass Expectations, Revenues Rise Y/Y
Varonis Systems (VRNS) reported strong second-quarter 2026 results, surpassing earnings and revenue expectations, driven by its SaaS momentum and demand for AI and data security offerings. The company saw SaaS revenues increase significantly while traditional revenue streams declined due to conversions, and returned to operating profit. Varonis also raised its full-year 2026 outlook, projecting continued growth in revenues and SaaS ARR.
