**Varonis Systems (VRNS) reported a 7.1% increase in shares, closing at $35.03 in the last trading session, driven by strong volume and heightened demand for its data security and AI solutions. This uptick contrasts with the stock’s 5.5% gain over the past month.**
The company is set to release its quarterly earnings report, with an expected earnings per share (EPS) of $0.01 and projected revenues of $176.97 million, indicating a 16.3% year-over-year increase. However, the EPS represents a 66.7% decline compared to last year.
In related news, Check Point Software (CHKP) shares rose by 3%, finishing at $123.89, while its upcoming EPS is estimated to be $2.45, a 3.4% increase from the previous year. Both companies currently hold a Zacks Rank of #3 (Hold).
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