Varonis Systems, Inc. Provides Revenue Guidance for the Third Quarter and Full Year of 2022
August 01, 2022 at 09:05 pm
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Varonis Systems, Inc. provided revenue guidance for the third quarter and full year of 2022. For the quarter, the company expected Revenue of $123.0 million to $125.5 million, or year-over-year growth of 23% to 25%.
For the year, the company expected Revenue of $485.0 million to $490.0 million, or year-over-year growth of 24% to 26%.
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.
VARONIS SYSTEMS, INC. 
