Varonis Systems (NASDAQ:VRNS) reported its financial results for the fourth quarter of 2024, showcasing a modest revenue increase of 3% year-over-year to $158.5 million. Despite surpassing earnings per share (EPS) expectations with an actual EPS of $0.

NEW YORK (AP) — NEW YORK (AP) — Varonis Systems Inc. (VRNS) on Tuesday reported a loss of $13 million in its fourth quarter. On a per-share basis, the New York-based company said it had a loss of 12 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 18 cents per share.

Varonis Systems (VRNS) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.