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News  ›  GlobeNewswire Inc.

Notice of Investigation of VRNS: Kessler Topaz Meltzer & Check, LLP Encourages Varonis Systems, Inc. (NASDAQ: VRNS) Investors with Significant Losses to Contact the Firm

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Kessler Topaz Meltzer & Check, Llp
Notice of Investigation of VRNS: Kessler Topaz Meltzer & Check, LLP Encourages Varonis Systems, Inc. (NASDAQ: VRNS) Investors with Significant Losses to Contact the Firm

Law firm investigating potential securities law violations for Varonis Systems after company reported significant revenue decline and reduced annual guidance, causing stock price to drop 48.67%.

Insights
NVDA   neutral

Facing export restrictions and sustainability concerns in AI infrastructure spending, despite maintaining AI chip market leadership


VRNS   negative

Company experienced 63.9% decline in term license subscription revenues, reduced full-year ARR guidance, cited sales process issues, and stock price dropped 48.67% after financial results announcement