NEW YORK (AP) _ Varonis Systems Inc. (VRNS) on Monday reported a loss of $24.9 million in its fourth quarter.

On a per-share basis, the New York-based company said it had a loss of 23 cents. Earnings, adjusted for stock option expense and amortization costs, came to 16 cents per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.

The data-management software company posted revenue of $126.6 million in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $122.2 million.

For the year, the company reported a loss of $116.9 million, or $1.11 per share. Revenue was reported as $390.1 million.

For the current quarter ending in April, Varonis expects its results to range from a loss of 11 cents per share to a loss of 10 cents per share.

The company said it expects revenue in the range of $94.5 million to $96.5 million for the fiscal first quarter.

Varonis expects full-year earnings in the range of 16 cents to 17 cents per share, with revenue ranging from $485 million to $490 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VRNS at https://www.zacks.com/ap/VRNS

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