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News  ›  GlobeNewswire Inc.

Deadline Alert: Varonis Systems, Inc. (VRNS) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Glancy Prongay & Murray Llp
Deadline Alert: Varonis Systems, Inc. (VRNS) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

Varonis Systems faces a securities fraud class action lawsuit after missing Q3 2025 revenue estimates and reporting a 63.9% decline in term license subscription revenues. The company reduced full-year ARR guidance, citing underperformance in its on-premises subscription business and sales process issues. The stock fell 48.7% on October 29, 2025. Investors have until March 9, 2026 to file a lead plaintiff motion.

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VRNS   negative

The company missed Q3 revenue estimates, reported a significant 63.9% decline in term license subscription revenues year-over-year, reduced full-year ARR guidance, and experienced a 48.7% stock price decline. Additionally, management acknowledged sales process issues and described the on-premises subscription business as a 'drag' on growth. The securities fraud lawsuit alleges material misstatements and failure to disclose adverse business conditions.