Varonis Files 8-K on Financial Condition, Operations
Ticker: VRNS · Form: 8-K · Filed: Feb 5, 2024 · CIK: 1361113
| Field | Detail |
|---|---|
| Company | Varonis Systems Inc (VRNS) |
| Form Type | 8-K |
| Filed Date | Feb 5, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K
TL;DR
**Varonis just dropped an 8-K on financial results, get ready for potential stock movement.**
AI Summary
Varonis Systems, Inc. filed an 8-K on February 5, 2024, to report on its results of operations and financial condition. This filing indicates that the company is providing updated financial information, likely ahead of a full earnings report, which can give investors an early look at the company's performance. For shareholders, this matters because it offers a timely snapshot of Varonis's financial health, influencing their investment decisions and potentially the stock's short-term price movement.
Why It Matters
This filing provides investors with current financial information, which is crucial for assessing Varonis's performance and making informed decisions about buying, holding, or selling the stock.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial information, which generally carries low risk as it's a transparency measure.
Analyst Insight
Investors should look for the detailed financial statements and results that this 8-K refers to, as they will contain the specific numbers needed to evaluate Varonis's recent performance and future outlook.
Key Players & Entities
- VARONIS SYSTEMS, INC. (company) — the registrant filing the 8-K
- February 5, 2024 (date) — date of earliest event reported
- 001-36324 (other) — Commission File Number
- $0.001 (dollar_amount) — par value per share of Common Stock
- NASDAQ Stock Market LLC (other) — exchange where Common Stock is registered
FAQ
What is the primary purpose of Varonis Systems, Inc.'s 8-K filing on February 5, 2024?
The primary purpose of Varonis Systems, Inc.'s 8-K filing on February 5, 2024, is to report on its 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per the Item Information section of the filing.
What is the trading symbol for Varonis Systems, Inc. on the NASDAQ Stock Market LLC?
The trading symbol for Varonis Systems, Inc.'s Common Stock on The NASDAQ Stock Market LLC is VRNS, as stated in the 'Securities registered pursuant to Section 12(b) of the Act' table.
What is the par value of Varonis Systems, Inc.'s Common Stock?
The par value of Varonis Systems, Inc.'s Common Stock is $0.001 per share, as indicated in the 'Title of each class' column of the 'Securities registered pursuant to Section 12(b) of the Act' table.
What is the address of Varonis Systems, Inc.'s principal executive offices?
The address of Varonis Systems, Inc.'s principal executive offices is 1250 Broadway, 28th Floor, New York, New York 10001, according to the filing.
Is Varonis Systems, Inc. considered an emerging growth company according to this 8-K filing?
The filing includes a checkbox section asking 'Indicate by check mark whether the registrant is an emerging growth company...', but none of the boxes are checked, implying Varonis Systems, Inc. is not indicating itself as an emerging growth company in this specific filing.
Filing Stats: 532 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-02-05 16:10:17
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share VRNS The NASDAQ Stock Market
Filing Documents
- f8k_020524.htm (8-K) — 15KB
- exh_991.htm (EX-99.1) — 213KB
- 0001171843-24-000594.txt ( ) — 440KB
- gnw-20190101.xsd (EX-101.SCH) — 3KB
- gnw-20190101_def.xml (EX-101.DEF) — 25KB
- gnw-20190101_lab.xml (EX-101.LAB) — 33KB
- gnw-20190101_pre.xml (EX-101.PRE) — 22KB
- f8k_020524_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On February 5, 2024, Varonis Systems, Inc. issued a press release announcing its financial results for the fourth quarter and full year ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information in this Report, including the press release, is furnished only, is not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, and is not incorporated by reference into any filing under the Securities Act of 1933, as amended, regardless of any general incorporation language in such a filing, except as expressly set forth by specific reference in that filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release dated February 5, 2024, reporting Fourth Quarter and Full-Year 2023 Financial Results 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VARONIS SYSTEMS, INC. Date: February 5, 2024 By: /s/ Guy Melamed Name: Guy Melamed Title: Chief Financial Officer and Chief Operating Officer