VRNT Stock Recent News

Verint Systems' AI business is growing rapidly, but overall revenue growth remains tepid, leading to a recent 11.2% stock decline. Despite the setback, Verint's AI-driven solutions show strong promise, with significant customer success stories and increased SaaS revenue and bookings. The company announced a new stock buyback plan and maintains a strong balance sheet, aiming for 5% revenue growth and 10% EBITDA growth.

Verint Systems Inc. VRNT reported worse-than-expected second-quarter financial results and announced a new $200 million stock buyback program on Wednesday.

MELVILLE, N.Y.--(BUSINESS WIRE)--Verint® (Nasdaq: VRNT), The CX Automation Company™, today announced that our board of directors had authorized a new stock repurchase program for the period from August 29, 2024 until August 29, 2026, whereby we may repurchase shares of common stock not to exceed, in the aggregate, $200.0 million during the repurchase period. We may utilize a number of different methods to effect the repurchases, including open market purchases, which may include, without limita.

Verint Systems (VRNT) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.48 per share a year ago.

MELVILLE, N.Y.--(BUSINESS WIRE)-- #AI--Verint® (NASDAQ: VRNT), The CX Automation Company™, today announced the industry-leading analysts speaking at Engage 2024. The company's premier annual conference is designed to help organizations increase CX automation and achieve AI business outcomes now. The event will be held September 23-25, 2024, at the Rosen Shingle Creek in Orlando, Fla. This year, Jay McBain, chief analyst at Canalys, will headline the Partner Summit. The session is built for all Verint.

MELVILLE, N.Y.--(BUSINESS WIRE)--Verint® (NASDAQ: VRNT) will conduct a conference call on Wednesday, September 4, 2024 at 4:30 p.m. ET to review its second quarter financial results (for the quarter ended July 31, 2024) and discuss its outlook. An earnings press release will be issued after the market closes on September 4th. A real-time webcast of the conference call with presentation slides will be available on Verint's Investor Relations webcast page. Participants may register for the call h.

MELVILLE, N.Y.--(BUSINESS WIRE)-- #AI--Verint® (NASDAQ: VRNT), The CX Automation Company™, today announced that the AI-powered Verint Data Insights Bot is delivering quick, groundbreaking contact center insights to business users across several major brands. A major pharmaceutical brand deployed the Verint Data Insights Bot last month and quickly benefited from AI business outcomes. Within days of the initial deployment of the bot, they were able to completely automate the creation of an analytic das.

MELVILLE, N.Y.--(BUSINESS WIRE)-- #AI--Verint® (NASDAQ: VRNT), The CX Automation Company™, announced an order for the groundbreaking Verint TimeFlex Bot from a leading U.S. car rental company. The brand purchased the TimeFlex Bot to reduce attrition among its 400 reservations agents in the contact center. The TimeFlex Bot provides unlimited schedule flexibility while improving schedule quality and automatically calculating the impact of shift changes based on forecasted volumes, capacity and performa.

LONDON--(BUSINESS WIRE)--1GLOBAL, a top-tier mobile virtual network operator (MVNO) today announced a strategic partnership with Verint to transform compliance across the financial services and trading sectors to upgrade mobile compliance recording solutions for financial institutions throughout the world. Through this new alliance, 1GLOBAL will now provide all of its global clients with trusted cloud-based recording solutions supported by Verint Financial Compliance. Professionals with complia.

MELVILLE, N.Y.--(BUSINESS WIRE)-- #CXautomation--Verint® (NASDAQ: VRNT), The CX Automation Company™, today announced that a leading U.S. retailer has significantly reduced its hiring costs across approximately 2,000 new agent hires annually after deploying the Verint Interviewing Bot. Prior to Verint, hiring agents required a manual, two-step recruiting process. The Verint Interviewing Bot analyzes candidates' responses to interview questions and identifies candidates with the highest probability of success in.