VRNT / Verint Faces Slowing Customer Activity As SaaS Transition Proceeds

Verint Systems Inc. experienced a significant post-earnings loss, creating a potential long-term investing opportunity. The company's sales pipeline f more_horizontal

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

Verint Systems Inc (NASDAQ:VRNT) stock was down over 16% in Thursday's early deals after the data software firm reported quarterly earnings and revenu more_horizontal

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 considerin more_horizontal

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 e more_horizontal

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 mill more_horizontal

Verint Systems Inc. (NASDAQ:VRNT ) Q1 2024 Earnings Conference Call June 7, 2023 4:30 PM ET Company Participants Matthew Frankel - Investor Relations more_horizontal

Although the revenue and EPS for Verint (VRNT) give a sense of how its business performed in the quarter ended April 2023, it might be worth consideri more_horizontal