Varonis Systems Misses Quarterly Projections, Loomis Sayles Exits Stock Amidst Surprise Announcement

Varonis Systems (VRNS) fell as it missed quarterly projections, with Loomis Sayles Small Cap Growth Fund highlighting the company's decision to end its on-premises solution, which represented 15% of revenue. The fund's exit from the name was triggered by extreme volatility. Despite missing projections, Varonis Systems reported a 9% increase in total revenue in Q4 2025.