VRNT Stock Recent News

Verint Systems Inc. (NASDAQ:VRNT) Q3 2024 Results Conference Call December 6, 2023 4:30 PM ET.

Although the revenue and EPS for Verint (VRNT) give a sense of how its business performed in the quarter ended October 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Verint Systems Inc. experienced a significant post-earnings loss, creating a potential long-term investing opportunity. The company's sales pipeline for the next 12 months grew 20%, indicating pent-up demand. Verint's artificial intelligence capabilities, including specialized bots, position the company well for future success in the AI adoption cycle.

Verint missed revenue and earnings estimates with its latest quarter. Management blamed longer sales cycles and macro uncertainty for the shortfall.

Verint Systems Inc (NASDAQ:VRNT) stock was down over 16% in Thursday's early deals after the data software firm reported quarterly earnings and revenue below market expectations. Revenue was down 6% on the same period last year, at $210.2 million, versus analyst forecasts that pitched consensus at $225.1 million.

Verint Systems Inc. (NASDAQ:VRNT ) Q2 2024 Results Conference Call September 6, 2023 4:30 PM ET Company Participants Matthew Frankel - Investor Relations and Corporate Development Director Dan Bodner - CEO Grant Highlander - CFO Alan Roden - Chief Corporate Development Officer Conference Call Participants Ryan MacDonald - Needham & Company Peter Levine - Evercore ISI Mason Marin - Jefferies Good day, and thank you for standing by. Welcome to Verint Systems Inc. Q2 Fiscal '24 Earnings Conference Call.

Although the revenue and EPS for Verint (VRNT) give a sense of how its business performed in the quarter ended July 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Verint Systems (VRNT) came out with quarterly earnings of $0.48 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.56 per share a year ago.

MELVILLE, N.Y.--(BUSINESS WIRE)--Verint® (NASDAQ: VRNT) will conduct a conference call on Wednesday, September 6, 2023 at 4:30 p.m. ET to review its second quarter financial results (for the quarter ended July 31, 2023) and discuss its outlook. An earnings press release will be issued after the market closes on September 6th. 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.

Analysts at Wedbush hailed Verint Systems Inc's (VRNT) first-quarter resuts for strong top and bottom line beats with revenue coming in at $216.6 million, compared to the Street's $216.1 estimate. Most pertinently, the Melville, New York-based analytics company's software as a service (SaaS) 1Q revenue for fiscal year 2024 jumped 24% year-on-year as it continued to round out its SaaS transition.