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Varonis sees Q4 EPS 2c-4c, consensus 3c

Sees Q4 revenue $165M-$171M, consensus $170.8M. The company states: “We are reducing our full-year ARR guidance to account for the underperformance of our on-prem subscription business in the final weeks of the third quarter. To account for this recent change as well as our decision to end of life our self-hosted solution, we have assumed an even lower renewal rate in our on-prem subscription business for the fourth quarter.”

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