Varonis Sees FY24 Revenue $635M-$639M Vs $549.3M Estimate
Portfolio Pulse from Benzinga Newsdesk
Varonis Systems, Inc. has projected its fiscal year 2024 revenue to be between $635 million and $639 million, significantly surpassing the previous estimate of $549.3 million.
October 29, 2024 | 8:12 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Varonis Systems, Inc. has announced a higher-than-expected revenue projection for FY24, estimating between $635 million and $639 million, compared to the previous estimate of $549.3 million.
The significant increase in revenue projection for FY24 suggests strong business performance and potential growth, likely leading to a positive impact on VRNS stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100