NEW YORK (AP) _ Varonis Programs Inc. (VRNS) on Monday reported a lack of $19.2 million in its third quarter.

On a per-share foundation, the New York-based firm mentioned it had a lack of 61 cents. Earnings, adjusted for inventory possibility expense and amortization prices, got here to six cents per share.

The outcomes beat Wall Road expectations. The typical estimate of 10 analysts surveyed by Zacks Funding Analysis was for a lack of 12 cents per share.

The info-management software program firm posted income of $76.eight million within the interval, additionally exceeding Road forecasts. 9 analysts surveyed by Zacks anticipated $70.1 million.

For the present quarter ending in December, Varonis expects its per-share earnings to vary from 10 cents to 13 cents.

The corporate mentioned it expects income within the vary of $82 million to $85 million for the fiscal fourth quarter.

Varonis shares have elevated 58% because the starting of the 12 months. Within the closing minutes of buying and selling on Monday, shares hit $122.43, a climb of 97% within the final 12 months.

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This story was generated by Automated Insights ( http://automatedinsights.com/ap) utilizing knowledge from Zacks Funding Analysis. Entry a Zacks inventory report on VRNS at https://www.zacks.com/ap/VRNS