Benzinga | Aug 3, 2020 04:25PM EDT

Varonis Systems Q2 EPS $(0.15) Beats $(0.35) Estimate, Sales $66.56M Beat $56.99M Estimate

Varonis Systems (NASDAQ:VRNS) reported quarterly losses of $(0.15) per share which beat the analyst consensus estimate of $(0.35) by 57.14 percent. This is a 50 percent increase over losses of $(0.30) per share from the same period last year. The company reported quarterly sales of $66.56 million which beat the analyst consensus estimate of $56.99 million by 16.80 percent. This is a 11.65 percent increase over sales of $59.62 million the same period last year.