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Sep 30, 2021
Varonis Q3 2021 Earnings Report
Total quarterly revenues surpassed $100 million for the first time.
Key Takeaways
Varonis reports strong Q3 2021 results, achieving over $100 million in revenues for the first time, with a 31% year-over-year increase. The company sees greater adoption of its platform and healthy expansion from existing customers.
Total revenues grew 31% year-over-year to $100.4 million in Q3 2021.
Annual recurring revenues grew to $354.2 million, a 36% increase over third quarter 2020
Varonis sees greater adoption of its platform by new customers.
Healthy expansion from existing customers wanting to broaden their Varonis deployment.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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