Tag Archives: vrnt

Overseas Unease: Verint Cuts View, Hits 13-Month Low

Verint Systems (VRNT) stock plunged Thursday after the security software maker late Wednesday lowered its 2016 guidance pending uncertainty overseas, though its Q2 revenue beat Wall Street expectations. For its fiscal 2016 ending Jan. 31, Melville, N.Y.-based Verint guided to $1.18 billion to $1.23 billion in revenue and $3.45 earnings per share ex items. That was down from the $1.2 billion to $1.25 billion in revenue and $3.55 to $3.75 non-GAAP

Verint Gets PT Hike On Outlook, Cybersecurity Wins

Verint Systems (VRNT) received a price target increase Thursday after the enterprise software provider reported mixed Q1 earnings late Wednesday, but issued double-digit revenue growth guidance for the fiscal year. Verint reported Q1 earnings per share excluding items of 66 cents for fiscal Q1 2016 ended April 30, down 8% from the year-earlier quarter, on $270.4 million in revenue, up 0.4%. Analysts had expected EPS ex items of 54 cents on $274.39

Verint Systems Q2 Beats, Kana Acquisition Gives Boost

Verint Systems (VRNT) stock rose Friday to a new high after the maker of business intelligence software, boosted by its Kana Software acquisition, beat with its Q2 earnings. After the market close Thursday, Verint posted better-than-expected numbers on the top and bottom lines, driven by organic growth, upside from its acquisition this year of customer service software maker Kana and strong sales offshore. Verint stock was up nearly 6% in