Verint Systems Inc (VRNT) said after close Wednesday that it earned $1.07 per share in quarter four 2024. The company reported earnings on an adjusted basis, so it may not be directly comparable to analyst estimates or prior periods.
On the revenue line, the company reported $265.2 million, beating estimates by $2.1 million.
In the same quarter a year ago, the company earned $0.75 per share on revenue of $236.8 million. The company reported revenue on an adjusted basis, so it may not be directly comparable to analyst estimates or prior periods.
The stock is up 10.16% to $34.25 after the report.
The firm's lower revenue growth to earnings signals that the firm has been able to reduce costs and improve its profit margin overall.
The average recommendation from Wall Street analysts was a Buy which may get revised based on this new data.
InvestorsObserver gives the stock a Bearish Sentiment score at the moment based on recent trading.
Prior to the report, InvestorsObserver gave the stock an overall score of 43. Meanwhile, the average Wall Street analyst rated the stock a Buy.
Verint Systems Inc with its subsidiaries helps brands provide Boundless Customer Engagement. The company's solutions help iconic brands close the gap created when it lacks the resources required to deliver experiences that fulfill customer expectations. The operating business segments are Customer Engagement and Cyber Intelligence. The Customer Engagement segment derives maximum revenue for the company.
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Verint Systems Inc Up 10.16% To $34.25 After Earnings Beat
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