Varonis Systems, Inc. (VRNS) Q3 2024 Earnings Call Transcript Summary
Varonis Systems, Inc. (VRNS) Q3 2024 Earnings Call Transcript Summary
Generated $88.6 million in free cash flow, up from $46 million from last year.The following is a summary of the Varonis Systems, Inc. (VRNS) Q3 2024 Earnings Call Transcript:
以下是Varonis Systems, Inc. (VRNS) 2024年第三季度業績會議電話交易摘要:
Financial Performance:
金融業績：
Varonis reported an Annual Recurring Revenue (ARR) of $610 million with an 18% growth year-over-year.
SaaS ARR now represents approximately 43% of total ARR or approximately $260 million.
Generated $88.6 million in free cash flow, up from $46 million from last year.
Varonis報告的年度循環營收(ARR)爲61000萬美元，同比增長18%。
Saas-雲計算 ARR現在約佔總ARR的43%，約26000萬美元。
自由現金流達到8860萬美元，較去年的4600萬美元有所增長。
Business Progress:
業務進展：
Varonis' SaaS transition continues to gain traction with increasing adoption of its Managed Data Detection and Response (MDDR) platform and emerging contributions from Generative AI technologies.
Highlighted customer wins include a large medical company and a large insurance company, both leveraging the Varonis SaaS Hybrid package and MDDR.
Varonis的SaaS轉型繼續獲得增長，Managed Data Detection and Response (MDDR)平台的採用率不斷增加，並從生成式人工智能技術中受益。
重點客戶包括一家大型醫療公司和一家大型保險公司，兩者都在利用Varonis的SaaS混合套餐和MDDR。
Opportunities:
機會：
With the expansion of cloud services and Generative AI, the need to secure sensitive data has grown, boosting the demand for Varonis' offerings.
Increasing data-centric compliance regulations and the potential future Federal Ramp authorization present significant market opportunities.
隨着雲服務和生成式人工智能的發展，保護敏感數據的需求增長，推動了對Varonis業務的需求。
不斷增加的數據中心合規規定和潛在未來的聯邦Ramp授權帶來了重大的市場機遇。
Risks:
風險：
The underperformance of the federal business this quarter, attributing it to management issues which are being addressed with personnel changes.
本季度聯邦業務的表現不佳，歸因於正在通過人員變動解決的管理問題。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
