Verint Systems (VRNT) stock was up 10% midday Thursday after reporting quarterly earnings that beat estimates as it also raised guidance for the year. Verint reported revenue of $257.4 million, up 26% from the year-earlier period, and the third quarter in a row of accelerating double-digit growth. The company posted earnings per share minus items of 72 cents, above the consensus estimate of 55 cents and up 64% from the same period a year ago, for
A cybersecurity company is on a roll after making what an analyst called “significant investments for growth.” Verint Systems (VRNT) got a positive response from Wall Street on Tuesday after its fiscal Q4 earnings report late Monday, sending the company’s stock to an all-time high. Verint stock was up 4% in early afternoon trading on the stock market, near 49. Earlier, it hit a new high of 49.99. Verint reported earnings of 91 cents a share for
Verint Systems (VRNT) appears to be hitting on all cylinders as it attempts to boost its business and move into new areas, following an acquisition it announced earlier this month. That’s the assessment from Daniel Ives, an analyst for FBR Capital Markets & Co., who raised his rating on the security software company to outperform from market perform on Thursday. Verint Systems stock was up 3.6% in morning trading in the stock market today, near