Varonis Systems, Inc. (VRNS) Q4 2023 Earnings Call Transcript

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Q4: 2024-02-05 Earnings Summary

EPS of $0.27 beats by $0.04
 | Revenue of $154.10M (8.05% Y/Y) beats by $2.39M

Varonis Systems, Inc. (NASDAQ:VRNS) Q4 2023 Earnings Conference Call February 5, 2024 4:30 PM ET

Company Participants

Tim Perz - Director of Investor Relations
Yaki Faitelson - Chief Executive Officer, President, Co-Founder and Chairman
Guy Melamed - Chief Financial Officer and Chief Operating Officer

Conference Call Participants

Matthew Hedberg - RBC Capital Markets
Saket Kalia - Barclays
Hamza Fodderwala - Morgan Stanley
Brian Essex - JPMorgan
Joel Fishbein - Truist Securities
Andrew Nowinski - Wells Fargo
Fatima Boolani - Citi
Roger Boyd - UBS
Chad Bennett - Craig-Hallum Capital
Jason Ader - William Blair
Joseph Gallo - Jefferies
Shrenik Kothari - Baird
Erik Suppiger - JMP Securities
Brian Colley - Stephens
Rudy Kessinger - D.A. Davidson
Rob Owens - Piper Sandler

Operator

Greetings and welcome to the Varonis Systems, Inc. Fourth Quarter 2023 Earnings Conference Call. At this time, all participants are in listen-only mode. A brief 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 your host, Tim Perz of Investor Relations. Thank you, Mr. Perz, you may begin.

Tim Perz

Thank you, operator. Good afternoon. Thank you for joining us today to review Varonis' fourth quarter and full year 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 would be considered forward-looking statements under federal securities laws, including projections of future operating results for our first quarter and full year ending December 31st, 2024.

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

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