Varonis Systems: Firing On All Cylinders
Varonis(VRNS) Seeking Alpha·2024-07-31 20:54
Investment overview 2Q24 earnings (announced two days ago) Positive on the VRNS growth outlook The new product, MDDR (managed data detection and response), introduced in 1Q24, should support growth as well. MDDR is a service to monitor and protect critical data on its SaaS platform that has been well received by both prospective and existing customers. Firstly, it helps VRNS accelerate its SaaS transition, as customers will get more discounts on MDDR if they commit to more SaaS licenses. It also drives over ...