Earnings Preview : Q3 2024 Is Shaping Up To Be An Important Quarter For Varonis Systems ($VRNS)

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Varonis Systems (NASDAQ: VRNS) has announced that it will be unveiling its third quarter financial results on Tuesday 29th October 2024. The disclosure is planned to occur after market close.

In accordance with the forecasts of financial specialists on Wall Street, the company is primed to announce an anticipated $0.07 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $141.64 million for this particular period.

Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $549.31 million. Additionally, they are expecting the company to report profit of $0.24 per share for the full year 2024.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.08. This figure was a result of the company's total revenue, which reached an impressive $122.31 million million during that specific period.

 

Additionally, The company will host a conference call with investors and analysts on 29th October 2024 at 04:30 PM eastern time to review the Q3 2024 financial results.

Friday's trading saw Varonis Systems (VRNS) shares hit a low of $56.13 and a high of $57.48, with a day volume of 1.14 million shares. The stock closed the regular trading session at $56.86, marking 0.98 percent increase.