Brief: Verint Announces Strong First Quarter Results And Raises Cloud Revenue Guidance

Verint Systems

07/06/2022 22:51

Verint Systems Inc  VRNT.O :
    * VERINT ANNOUNCES STRONG FIRST QUARTER RESULTS AND RAISES
CLOUD
REVENUE GUIDANCE
    * RAISES FYE 2023 NON-GAAP CLOUD REVENUE GROWTH GUIDANCE TO
A
RANGE OF 32% TO 34%
    * VERINT SYSTEMS - FOR THREE MONTHS ENDED APRIL 30, 2022,
NET LOSS
PER SHARE WAS $0.08 ON  GAAP BASIS AND DILUTED EPS WAS $0.52 ON
A NON-GAAP BASIS
    * VERINT SYSTEMS - FOR YEAR ENDING JANUARY 31, 2023  SEES
REVENUE
OF $940 MILLION +/- 2%, REFLECTING 7% YEAR-OVER-YEAR GROWTH
    * Q1 EARNINGS PER SHARE VIEW $0.47, REVENUE VIEW $215.4
MILLION --
REFINITIV IBES DATA
    * FY2023 REVENUE VIEW $943.6 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw6t1bWLa 
Further company coverage:  VRNT.O