Varonis Systems, Inc. Provides Financial Guidance for the First Quarter and Full Year of 2023
February 07, 2023 at 02:35 am IST
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Varonis Systems, Inc. provided financial guidance for the first quarter and full year of 2023. For the first quarter, the company expects revenues of $106.0 million to $108.0 million, or year-over-year growth of 10% to 12%.
For full year 2023, the company now expects revenues of $519.0 million to $529.0 million, or year-over-year growth of 10% to 12%.
Varonis Systems, Inc. is a provider of data security services. The Companyâs cloud-native Data Security Platform discovers and classifies critical data, removes exposures, and detects advanced threats with artificial intelligence (AI)-powered automation. Its software enables enterprises of all sizes and industries to protect data stored on-premises and in the cloud, including sensitive files, emails and databases; confidential personal data belonging to customers, patients and employees; financial records; source code, strategic and product plans; and other intellectual property. The Varonis data security platform helps enterprises protect data against cyberattacks from both internal and external threats. The Companyâs products include DatAdvantage, including the Automation Engine; DatAlert, including Varonis Edge; DataPrivilege, Data Classification Engine, including Policy Pack and Data Classification Labels; Data Transport Engine, and DatAnswers.