NASDAQ: VRNS Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Varonis Systems, Inc. (NASDAQ: VRNS) Investors with Significant Losses to Contact the Firm

RADNOR, Pa.--(BUSINESS WIRE)--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Varonis Systems, Inc. (NASDAQ: VRNS) (“Varonis”).

On October 28, 2025, Varonis reported its financial results for the third quarter of 2025 and revealed revenue which missed consensus estimates, including a 63.9% decline in term license subscription revenues, year over year. Varonis also disclosed it was "reducing our full-year ARR guidance to account for the underperformance of [its] on-prem subscription business." Addressing the poor results, Varonis stated that the company’s on-premises subscription business is a "drag on total company ARR growth," citing a number of factors which contributed to "lower renewal rate of on-prem subscription[s]," including "sales process issues."

On this news, Varonis' stock price fell $30.66 per share, or 48.67%, to close at $32.34 per share on October 29, 2025.

If you are a Varonis investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. [phone] or E-mail at [e-mail]. You can also click on the following link or paste it in your browser: https://www.ktmc.com/varonis-systems-inc-investigation?utm_source=Businesswire&mktm=PR

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.

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