NEW YORK CITY, NY / ACCESS Newswire / October 30, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Varonis Systems, Inc. ("Varonis" or "the Company") (NASDAQ:VRNS). Investors who purchased Varonis securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/VRNS.
Investigation Details
On October 28, 2025, Varonis released its financial results for the third quarter of 2025, reporting revenue which missed consensus estimates, including a 63.9% decline in term license subscription revenues, year over year. The Company also stated it was "reducing our full-year ARR guidance to account for the underperformance of [its] on-prem subscription business." On an earnings call the next day, Yakov Faitelson, the Company’s Co-Founder, Chairman, CEO & President, stated the on-premises subscription business is a "drag on total company ARR growth." Management also cited a number of factors which contributed to "lower renewal rate of on-prem subscription[s]," including "sales process issues." Following this news, Varonis stock dropped $30.66 per share, or 48.67%, to close at $32.34 on October 29, 2025.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Varonis securities, you can assist this investigation by visiting the firm’s site: bgandg.com/VRNS. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
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We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
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Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
View the original press release on ACCESS Newswire
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