Customer engagement platform Verint Systems Q2 revenue beats estimates

Verint Systems

02/09/2025 21:13

Overview

Verint Systems fiscal Q2 revenue beats analyst expectations, per LSEG data

Adjusted EPS for fiscal Q2 missed consensus, per LSEG data

Co recently announced it would be acquired by Thoma Bravo for $2 bln

Outlook

Verint suspends financial guidance due to pending acquisition by Thoma Bravo

Result Drivers

AI GROWTH - AI ARR increased 21% year-over-year, reflecting strong AI business outcomes

SUBSCRIPTION GROWTH - Subscription ARR grew 6.4% year-over-year, driven by CX Automation leadership

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$208 mln
$200.50 mln (7 Analysts)
Q2 Adjusted EPS
Miss
-$0.09
$0.26 (7 Analysts)
Q2 Net Income
-$1.38 mln
Q2 Gross Profit
$140.55 mln
Q2 Operating Expenses
$137.20 mln
Q2 Operating Income
$3.35 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy."

Wall Street's median 12-month price target for Verint Systems Inc is $20.50, about 0.5% above its August 29 closing price of $20.39

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nBw8hNlYFa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)