secwatch.observer — SEC 8-K summary
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Issuer:     VARONIS SYSTEMS INC (VRNS)
CIK:        0001361113
Form:       8-K
Filed at:   2021-08-02T23:59:59+00:00
Accession:  0001171843-21-005374
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Varonis Q2 revenue up 33% to $88.4M; ARR reaches $328.2M
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- Total revenue $88.4M (+33% YoY); subscription revenue $58.1M (+70% YoY).
- Annual recurring revenue (ARR) grew 39% YoY to $328.2M.
- GAAP operating loss widened to ($28.2M) from ($22.1M) a year ago.
- Non-GAAP operating income of $1.1M vs a ($4.0M) loss in Q2 2020.
- CEO cites heightened ransomware threat environment driving demand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361113/000117184321005374/0001171843-21-005374-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361113/000117184321005374/f8k_080221.htm
  HTML page:      https://secwatch.observer/filing/0001171843-21-005374

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer