secwatch.observer — SEC 8-K summary
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Issuer:     VARONIS SYSTEMS INC (VRNS)
CIK:        0001361113
Form:       8-K
Filed at:   2023-03-14T23:59:59+00:00
Accession:  0001171843-23-001660
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Varonis reaffirms Q1 and FY 2023 guidance at Investor Day
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- Reaffirms Q1 2023 revenue of $106-$108M (10-12% YoY growth) and non-GAAP net loss per share ($0.05)-($0.04).
- Reaffirms full-year 2023 ARR of $513-$523M (10-12% YoY growth) and revenue of $519-$529M.
- Full-year 2023 non-GAAP net income per diluted share expected at $0.33-$0.35 on 127.3M diluted shares.
- Investor Day held March 14, 2023; management to update on SaaS transition strategy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361113/000117184323001660/0001171843-23-001660-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361113/000117184323001660/f8k_031323.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-001660

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