Earnings Report ReactionThe roughly 50% drop in VRNS shares following the earnings report suggests significant investor concern.
Guidance And Forecast UncertaintyVaronis's third-quarter results and updated full-year guidance came in below expectations across all major metrics, marking a slowdown in momentum as the company officially completes its SaaS transition.
Renewal Rates ConcernShares are trading down roughly 30% after market, reflecting investor surprise about near-term renewal softness in the on-premises subscription business.