Benzinga | Aug 2, 2021 04:28PM EDT

Varonis Sees Q3 Adj. EPS $0.01-$0.02 vs $0.01 Est., Sales $96M-$98M vs $94.67M Est.; Sees FY21 Adj. EPS $0.03-$0.05 vs $0.02 Est., Sales $375M-$379M vs $370.16M Est.

Financial Outlook

For the third quarter of 2021, the Company expects:

* Revenues of $96.0 million to $98.0 million, or year-over-year growth of 25% to 28%.

* Non-GAAP operating income of $3.5 million to $4.5 million.

* Non-GAAP net income per diluted share in the range of $0.01 to $0.02, based on 118.9 million diluted shares outstanding.

For full year 2021, the Company now expects:

* Revenues of $375.0 million to $379.0 million, or year-over-year growth of 28% to 29%.

* Non-GAAP operating income of $10.0 million to $13.0 million.

* Non-GAAP net income per diluted share in the range of $0.03 to $0.05, based on 116.8 million diluted shares outstanding.