Varonis Systems Sees Q4 EPS $0.12-$0.13 Vs. $0.09 Est., Sales $120M-$123M Vs. $117.53M Est.; Sees FY21 EPS $0.10-$0.11 Vs. $0.04 Est., Sales $383.5M-$386.5M Vs. $378.44M Est.
Portfolio Pulse from Benzinga Newsdesk
Varonis Systems has raised its Q4 and FY21 earnings and sales guidance, surpassing analyst estimates. The company now expects Q4 EPS of $0.12-$0.13 and sales of $120M-$123M, and FY21 EPS of $0.10-$0.11 with sales of $383.5M-$386.5M.
November 01, 2021 | 8:34 pm
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POSITIVE IMPACT
Varonis Systems has increased its Q4 and FY21 earnings and sales guidance, exceeding analyst expectations. This positive revision suggests strong business performance.
Varonis Systems' revised guidance for Q4 and FY21 shows higher expected EPS and sales than previously estimated by analysts. This indicates better-than-expected business performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100