{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-002727","form_type":"8-K","ticker":"VRNS","cik":"0001361113","company_name":"VARONIS SYSTEMS INC","filed_at":"2023-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.562405+00:00","generated_at":"2026-06-16T04:45:34.859698+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Varonis Q1 revenue up 12% to $107.3M; SaaS mix beats guidance, raises FY outlook","bullets":["Total revenue $107.3M (+12% YoY); subscription revenue $83.0M vs $69.0M in Q1 2022.","GAAP operating loss narrowed to ($43.1M) from ($48.1M); non-GAAP operating loss ($4.3M) vs ($7.9M).","SaaS mix of new ARR hit 37%, well above 15% guidance; full-year SaaS mix and ARR guidance raised.","ARR grew 18% YoY; YTD cash from operations $36.8M ($24.5M last year), free cash flow $35.7M ($21.0M).","CEO cites customer and sales force adoption of SaaS despite economic slowdown."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-002727","json":"https://secwatch.observer/filing/0001171843-23-002727.json","markdown":"https://secwatch.observer/filing/0001171843-23-002727.md","text":"https://secwatch.observer/filing/0001171843-23-002727.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1361113/000117184323002727/0001171843-23-002727-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1361113/000117184323002727/f8k_050123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T04:45:34.859698+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"68d21525b2dc819e9a5c93b7f3b3d457bd493544","claim":"VARONIS SYSTEMS INC reported first quarter ended March 31, 2023 results: revenue $107.3 million. Guidance raised.","evidence_excerpt":"Total revenues increased 12% to $107.3 million, compared with $96.3 million in the first quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1361113/000117184323002727/0001171843-23-002727-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$107.3 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}