Varonis Systems (VRNS) reported a 9.1% year-on-year increase in sales to $161.6 million in Q3 CY2025, falling short of analyst estimates. The company’s non-GAAP profit per share was $0.06, in line with expectations. However, Q4 revenue guidance of $168 million missed estimates by 1.2%. CEO Yaki Faitelson attributed the shortfall to lower renewals in the Federal vertical. Varonis Systems has seen 17.6% annualized revenue growth over the last five years, slightly above the industry average. The stock dropped 28.6% to $45 after the earnings report, prompting investors to assess its long-term prospects.

Read more at Stock Story Media: Varonis Systems (NASDAQ:VRNS) Misses Q3 Revenue Estimates, Stock Drops 28.2%