Verint Systems

Verint Systems, Inc. engages in providing actionable intelligence. It operates through the following segments: Customer Engagement Solutions and Cyber Intelligence Solutions. The Customer Engagement segment includes customer-centric organizations optimize customer engagement, increase customer loyalty, and maximize revenue opportunities, while generating operational efficiencies, reducing cost, and mitigating risk. The Cyber Intelligence Solutions segment addresses the security intelligence market. The company was founded by Daniel Bodner in February 1994 and is headquartered in Melville, NY.

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2025

Verint Systems, Inc. reports robust Q1 results and targets sustained long-term growth through innovative CX Automation

Verint Systems, Inc. delivered strong Q1 results, with robust SaaS momentum and significant wins from global brands. The company is on track to complete its SaaS transition next year, targeting sustained long-term growth through innovative CX Automation. While cautious about the economic environment, Verint is optimistic about driving revenue growth, margin expansion, and cash flow generation.

Verint reports strong Q2 performance, eyes growth in AI capabilities

Verint's Q2 earnings call highlighted solid performance, with a focus on SaaS metrics, platform innovation, and the company's position in the AI adoption cycle. While facing challenges such as elongated sales cycles, Verint outlined strengths in its market position and opportunities for growth, including AI capabilities and SaaS revenue.

Verint Systems surpasses Q3 expectations, eyes AI-driven growth opportunities

Verint Systems delivered strong Q3 performance, exceeding revenue and EPS expectations, with a focus on SaaS growth and customer wins. The company's transition to SaaS is progressing, but it still faces challenges in managing on-premises revenue. However, Verint sees opportunities in AI-driven growth and partner ecosystem expansion.

Verint Systems reports record Q4 performance amidst SaaS momentum

Verint Systems showcased strong performance in Q4 2023, with record gross margin and a focus on SaaS momentum.
While facing challenges like delayed conversions and lower deal values, the company is well-positioned for growth.
Opportunities lie in the growing interest in SaaS, expanding partner ecosystem, and focus on CX automation.
Overall, Verint's strategic direction towards SaaS transition and AI innovation sets a positive trajectory for future growth.

Verint Systems excels in Q1 with strong SaaS growth and strategic focus on AI and customer expansion

Verint Systems demonstrated robust performance in Q1, driven by strong SaaS revenue growth and notable wins from leading brands, positioning the company for future success.
The focus on completing the SaaS transition next year, enhancing AI capabilities, and driving customer ROI through CX automation are key strategic moves for sustained growth.
While facing challenges such as longer sales cycles and economic uncertainty, Verint has opportunities to capitalize on SaaS revenue growth, customer expansion, and market leadership.

Verint Systems reports robust Q2 performance and optimistic outlook

Verint Systems' Q2 performance reflects strong growth in SaaS metrics and revenue, driven by new bookings and customer acquisitions. The company's focus on AI capabilities and specialized bots positions it well for future growth, despite potential market challenges. With an adjusted revenue guidance of $910 million and a positive outlook for the fiscal year, Verint remains optimistic about its long-term prospects.

Verint Systems beats Q3 expectations, eyes growth through AI

Verint Systems delivered strong Q3 performance, exceeding revenue expectations and showcasing growth potential.
The company's focus on CX Automation leadership, bundled SaaS offerings, and AI adoption positions it for future success.
While facing challenges in transitioning on-premises customers to cloud solutions, Verint's strengths in AI and cloud revenue offer growth opportunities.
Investor Day insights and revenue guidance for fiscal '24 signal confidence in Verint's strategic direction and financial outlook.

Verint Systems beats Q4 expectations, eyes AI-driven growth ahead

Verint Systems delivered strong Q4 results, exceeding revenue and EPS expectations.
AI-powered CX automation is driving growth, with significant wins from top brands.
Focus on AI demand, bundled SaaS growth, and margin expansion key for future success.
Company aims for Rule of 40 status by fiscal '27 through sustained growth and profitability.

Verint Systems reports robust Q1 driven by AI business outcomes

Verint Systems excelled in Q1 with strong revenue performance and significant wins across key sectors.
The company's focus on AI-powered bots and SaaS growth highlights its competitive edge and customer value proposition.
While facing industry challenges and a competitive landscape, Verint is well-positioned to capitalize on AI business outcomes and customer needs.

Verint Systems reports robust Q2 AI growth and customer retention

Verint Systems' Q2 performance reflects strong AI momentum and revenue meeting guidance. The company's focus on delivering measurable AI outcomes and innovative AI portfolio positions it well for growth despite competitive challenges. Opportunities lie in expanding AI adoption in the contact center market and meeting evolving customer demands.

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London, United Kingdom--(Newsfile Corp. - April 21, 2023) - Leading industry experts from renowned insurance firms will come together to address the rising complexity of insurance claims and the critical need for accuracy and faultless prediction. The upcoming interactive webinar will feature a panel of claims executives who will discuss ways to strike a balance between automation and human resources to energize claims operations.

Reuters Events Invites Claims Leaders from CNA Insurance, Protective and Verint to Talk About Streamlining Claims Operations

MELVILLE, N.Y.--(BUSINESS WIRE)-- #AI--Verint® (NASDAQ: VRNT), The Customer Engagement Company®, today announced that its conversational intelligence and analytics solutions powered by Verint Da Vinci™ AI have received top scores earning leadership placement in the latest Conversational Intelligence Intelliview Report by Opus Research.

Verint Named a Leader in Opus Research Conversational Intelligence Report

MELVILLE, N.Y.--(BUSINESS WIRE)-- #AI--Verint® (NASDAQ: VRNT), The Customer Engagement Company®, today announced that advanced capabilities for Verint Intelligent Virtual Assistant™ (IVA) will be available on April 19 and deliver a conversation design platform that enables teams to design, deploy, and improve IVAs faster, collaboratively and at scale.

Enhanced Capabilities with Verint Intelligent Virtual Assistant Enable Easy Design and Deployment, Accelerate Time to Value, and Increase ROI

MELVILLE, N.Y.--(BUSINESS WIRE)-- #AI--Verint® (NASDAQ: VRNT), The Customer Engagement Company®, today announced that Verint Intelligent Virtual Assistant™ (IVA) has received top scores and is a leader in the inaugural 2023 Decision Makers' Guide to the Conversational Cloud by Opus Research.* In this report, Opus Research evaluates platforms offered by participating Conversational Cloud players and solutions providers.

Verint Customer Engagement Platform Named Leader in Inaugural Opus Conversational Cloud Intelliview Report

Verint Systems Inc. (VRNT) Q4 2023 Earnings Conference Call March 29, 2023 4:30 PM ET Corporate Participants Matthew Frankel - Investor Relations Dan Bodner - Chief Executive Officer Grant Highlander - Chief Financial Officer Conference Call Participants Timothy Horan - Oppenheimer Shaul Eyal - Cowen Peter Levine - Evercore Ryan MacDonald - Needham & Company Mason Marion - Jefferies Operator Hello, and thank you for standing by. Welcome to Verint Systems Fourth Quarter 2023 Earnings Conference Call.

Verint Systems Inc. (VRNT) Q4 2023 Earnings Call Transcript

Verint (VRNT) delivered earnings and revenue surprises of 5.63% and 1.21%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?

Verint Systems (VRNT) Tops Q4 Earnings and Revenue Estimates

MELVILLE, N.Y.--(BUSINESS WIRE)--Verint® (Nasdaq: VRNT), The Customer Engagement Company™, today announced results for the three months and year ended January 31, 2023 (FYE 2023). Revenue for the three months ended January 31, 2023 was $236 million on a GAAP basis representing 0.9% year-over-year growth and $237 million on a non-GAAP basis, representing 2.0% year-over-year growth on a non-GAAP constant currency basis.

Verint Announces Q4 and Full Year FYE 2023 Results

MELVILLE, N.Y.--(BUSINESS WIRE)-- #automation--Verint® (NASDAQ: VRNT), The Customer Engagement Company®, today announced an expanded partnership with Google Cloud to help organizations improve contact center performance through the integration of Google Cloud's Contact Center AI and Verint Customer Engagement Platform. The Verint Platform's unique open architecture makes it seamless to combine its customer experience (CX) automation solutions with Google Cloud's Contact Center AI (CCAI) platform.

Verint Expands Partnership with Google Cloud

MELVILLE, N.Y.--(BUSINESS WIRE)-- #collaboration--Verint® (NASDAQ: VRNT), The Customer Engagement Company®, today announced the Verint Marketplace Technology Showcase in April to highlight the many innovative solutions and services Verint partners have developed and made available in the Verint Marketplace since its launch. Verint strives to help partners and customers increase collaboration and ideation.

Verint Platform Extension Program Achieves Impressive Growth, Spotlights Innovation

MELVILLE, N.Y.--(BUSINESS WIRE)-- #customerengagement--Verint® (NASDAQ: VRNT), The Customer Engagement Company®, today announced its new partnership with Eventus Solutions Group, a subsidiary of Tech Mahindra, to bring Verint Digital-First Engagement solutions to midmarket and enterprise businesses worldwide.

Verint and Eventus Solutions Group Partner to Deliver Digital-First Engagement Solutions Worldwide

MELVILLE, N.Y.--(BUSINESS WIRE)--Verint® (NASDAQ: VRNT) will conduct a conference call on Wednesday, March 29, 2023 at 4:30 p.m. ET to review its fourth quarter and full-year financial results (for the year ended January 31, 2023) and discuss its outlook. An earnings press release will be issued after the market closes on March 29th. A real-time webcast of the conference call with presentation slides will be available on Verint's Investor Relations webcast page.

Verint to Announce Fourth Quarter and Full-Year Financial Results on Wednesday, March 29, 2023

MELVILLE, N.Y.--(BUSINESS WIRE)-- #citizenengagement--Verint® (NASDAQ: VRNT), The Customer Engagement Company®, today announced its partnership with Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®.

Verint and Carahsoft Partner to Deliver Digital-First Citizen Engagement Solutions to Federal, State and Local Governments across the U.S.

MELVILLE, N.Y.--(BUSINESS WIRE)-- #automation--Amidst the threat of a global recession and budget and talent management challenges, one-third of business leaders lack confidence in their organization's ability to provide high-quality customer experiences. Additionally, more than 50 percent believe labor issues, budget cuts and/or pressure to reduce costs will have a negative impact on their customer engagement efforts this year.

New Global Research from Verint Shows Brands Leaning into Technology to Deliver Exceptional Customer Experiences While Lowering the Cost to Serve

MELVILLE, N.Y.--(BUSINESS WIRE)-- #customerengagement--Verint® (NASDAQ: VRNT), The Customer Engagement Company®, today announced its achievement of perfect scores in multiple customer satisfaction categories in DMG Consulting LLC's 2022-2023 Enterprise Workforce Optimization/Workforce Engagement Management Product and Market Report.* Verint, positioned as a workforce optimization (WFO)/workforce engagement management (WEM) market leader for 16 consecutive years, achieved perfect scores (5.0 out of 5.

Customers Give Verint a Perfect Score for Overall Vendor Satisfaction in New Workforce Optimization Market Report

MELVILLE, N.Y.--(BUSINESS WIRE)--Verint® (NASDAQ: VRNT), The Customer Engagement Company®, today announced that CRN®, a brand of The Channel Company, has named John Bourne, the company's Senior Vice President of Global Channels and Strategic Alliances to its prestigious Channel Chiefs list for 2023.

Verint's John Bourne Honored as a 2023 CRN Channel Chief

MELVILLE, N.Y.--( BUSINESS WIRE )--Verint® (NASDAQ: VRNT), The Customer Engagement Company®, today announced that TrustRadius has recognized Verint Workforce Management™ (WFM) with three Winter 2023 “Best of Awards” – Best Feature Set, Best Value for the Price, and Best Relationship.

Verint Workforce Management Wins TrustRadius 2023 Best Software Ratings in Multiple Categories

MELVILLE, N.Y.--( BUSINESS WIRE )--Verint® (NASDAQ: VRNT), The Customer Engagement Company®, today announced it has received top scores and is a leader in the Ventana Research Customer Experience (CX) Management Value Index 2023 report.* Verint places in the top three overall vendors, is classified as Exemplary and is a Product Experience Leader. Verint is also named a Value Index Leader in the following categories: placing first in adaptability and second in manageability and usability.

Ventana Research Ranks Verint as an Overall Leader in Customer Experience Management Value Index

MELVILLE, N.Y.--( BUSINESS WIRE )--Verint® (NASDAQ: VRNT), The Customer Engagement Company®, today announced the expansion of the Verint Customer Engagement Platform with technology acquired from Qudini, a provider of appointment scheduling solutions, to help brands increase profitability and productivity while driving customer loyalty. Qudini is privately held and is based in the U.K. with approximately 20 employees.

Verint Expands Customer Engagement Platform with Appointment Scheduling Capabilities from Qudini

MELVILLE, N.Y.--( BUSINESS WIRE )--Verint® (NASDAQ: VRNT), The Customer Engagement Company®, today announced Sandra Douglass Morgan, president of the Las Vegas Raiders, as the keynote speaker at its annual customer engagement conference, Verint Engage® held June 12-15, 2023, at the Bellagio Hotel & Casino in Las Vegas.

Verint Announces Engage 2023 Keynote Featuring Sandra Douglass Morgan, President of the Las Vegas Raiders

MELVILLE, N.Y.--( BUSINESS WIRE )--Verint® Systems Inc. (Nasdaq: VRNT) today announced its participation in two upcoming investor events.

Verint Announces Participation in Upcoming Investor Events

Verint Systems Inc. (NASDAQ:VRNT ) Q3 2023 Earnings Conference Call December 7, 2022 4:30 PM ET Company Participants Matthew Frankel - Investor Relations and Corporate Development Dan Bodner - Chief Executive Officer Doug Robinson - Chief Financial Officer Conference Call Participants Shaul Eyal - Cowen Ryan MacDonald - Needham Peter Levine - Evercore ISI Samad Samana - Jefferies Operator Good day and thank you for standing by. Welcome to the Verint Third Quarter Conference Call.

Verint Systems Inc. (VRNT) Q3 2023 Earnings Call Transcript

Verint (VRNT) delivered earnings and revenue surprises of 18.97% and 0.80%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

Verint Systems (VRNT) Beats Q3 Earnings Estimates

MELVILLE, N.Y.--( BUSINESS WIRE )--Verint® (Nasdaq: VRNT), The Customer Engagement Company™, today announced results for the three and nine months ended October 31, 2022 (FYE 2023). Revenue for the three months ended October 31, 2022 was $225 million on a GAAP basis representing 0.2% year-over-year growth and $226 million on a non-GAAP basis, representing (0.6)% year-over-year change and 2.2% year-over-year growth on a constant currency basis. Revenue for the nine months ended October 31, 2022 was $666 million on a GAAP basis, representing 4.0% year-over-year growth, and $668 million on a non-GAAP basis, representing 3.7% year-over-year growth and 6.0% year-over-year growth on a constant currency basis. For the three months ended October 31, 2022, net loss per share was $(0.02) on a GAAP basis and diluted EPS was $0.69 on a non-GAAP basis. For the nine months ended October 31, 2022, net loss per share was $(0.21) on a GAAP basis and diluted EPS was $1.77 on a non-GAAP basis.

Verint Announces Third Quarter Results

MELVILLE, N.Y.--( BUSINESS WIRE )--Verint® (Nasdaq: VRNT), The Customer Engagement Company®, today announced that Verint Voice of the Customer (VoC) Analytics ™ is a leader in Frost & Sullivan's Frost Radar for Voice of Customer Analytics 2022 Report.

Verint Recognized as Innovation Leader by Frost & Sullivan

MELVILLE, N.Y.--( BUSINESS WIRE )--Verint® (Nasdaq: VRNT), The Customer Engagement Company®, today announced that Verint Intelligent Interviewing™ was recognized for customer value leadership in Frost & Sullivan's North American Employee Engagement in the Contact Center Industry evaluation.

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