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Varonis Earnings Beat: Non-GAAP EPS $0.04, Revenue $180M as Data Security Demand Drives Growth
Varonis Systems reported Q4 earnings with non-GAAP EPS of $0.04, beating estimates by $0.03, and revenue of $180 million, exceeding expectations by $3.06 million. The subscription model transition and rising data security needs fueled performance, sending shares higher after hours.