Varonis SaaS ARR jumps 52% to $726.0M in Q2
Data security vendor Varonis reported Q2 revenue of $180.0M, up from $152.2M, and SaaS ARR of $726.0M, up 52%, or 25% excluding customer conversions to SaaS.
Data security vendor Varonis reported Q2 revenue of $180.0M, up from $152.2M, and SaaS ARR of $726.0M, up 52%, or 25% excluding customer conversions to SaaS. (Varonis 8-K Exhibit 99.1 (SEC))
Non-GAAP diluted EPS was $0.04 and the GAAP loss per share was $0.41. Full-year guidance calls for $735.0M–$739.0M in revenue and SaaS ARR of $819.0M–$850.0M. Q3 revenue guidance is $185.0M–$188.0M. (Varonis 8-K Exhibit 99.1 (SEC))