Varonis Systems, Inc. (VRNS) Q3 2023 Earnings Call Transcript

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Q3: 2023-10-30 Earnings Summary

EPS of $0.08 beats by $0.05
 | Revenue of $122.31M (-0.81% Y/Y) misses by $3.15M

Varonis Systems, Inc. (NASDAQ:VRNS) Q3 2023 Earnings Conference Call October 30, 2023 4:30 PM ET

Company Participants

Tim Perz - Director of Investor Relations
Yaki Faitelson - Chief Executive Officer
Guy Melamed - Chief Financial Officer and Chief Operating Officer

Conference Call Participants

Saket Kalia - Barclays Capital
Hamza Fodderwala - Morgan Stanley
Matt Hedberg - RBC Capital Markets
Brian Essex - J.P. Morgan
Joel Fishbein - Truist Securities
Roger Boyd - UBS
Andrew Nowinski - Wells Fargo
Fatima Boolani - Citi
Chad Bennett - Craig-Hallum
Rob Owens - Piper Sandler
Jason Ader - William Blair
Joseph Gallo - Jefferies
Rudy Kessinger - D.A. Davidson
Joshua Tilton - Wolfe Research
Shelby Seyrafi - FBN Securities
Shrenik Kothari - Robert W. Baird
Hugh Cunningham - TD Cowen
Brian Colley - Stephens

Operator

Greetings, and welcome to the Varonis Systems, Inc. Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce Tim Perz, Investor Relations. Thank you. You may begin.

Tim Perz

Thank you, Operator. Good afternoon. Thank you for joining us today to review Varonis' third quarter 2023 financial results. With me on the call today are Yaki Faitelson, Chief Executive Officer; and Guy Melamed, Chief Financial Officer and Chief Operating Officer of Varonis.

After preliminary remarks, we will open the call to a question-and-answer session. During this call, we may make statements related to our business that will be considered forward-looking statements under federal securities laws, including projections of future operating results for our fourth quarter and full-year ending December 31, 2023.

Due to a number of factors, actual results may differ materially from those set forth in such statements. These

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