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Varonis reports Q3 EPS 8c, consensus 2c

Reports Q3 revenue $122.31M, consensus $125.35M. Yaki Faitelson, Varonis CEO, said, “Our third quarter results reflect the continued healthy adoption of Varonis SaaS, and approximately 15% of total company ARR now comes from SaaS. The progress of our transition, coupled with our faster pace of innovation gets us closer to achieving our $1 billion ARR target and delivering meaningful stakeholder value.”

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