secwatch.observer — SEC 8-K summary
======================================

Issuer:     VARONIS SYSTEMS INC (VRNS)
CIK:        0001361113
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0001171843-22-005207
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Varonis Q2 revenue $111.4M (+26% YoY), ARR $426.3M (+30% YoY); raises op income guidance
--------------------------------------------------------------------------------

- Revenue $111.4M (+26% YoY); subscription revenue $84.4M (+44%); ARR $426.3M (+30% YoY).
- GAAP operating loss $37.6M vs $28.2M; non-GAAP operating income $1.7M vs $1.1M.
- Raised full-year non-GAAP operating income guidance; reaffirms ARR and revenue guidance.
- Adjusted for constant currency and Russia exit, ARR growth 32% and revenue growth 30%.
- CEO cites strong platform demand and long-term opportunity amid uncertain environment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361113/000117184322005207/0001171843-22-005207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361113/000117184322005207/f8k_080122.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-005207

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