Verint Systems Inc logo

VRNT - Verint Systems Inc News Story

$46.67 -0.0  -0.0%

Last Trade - 07/05/21

Sector
Technology
Size
Mid Cap
Market Cap £2.20bn
Enterprise Value £2.41bn
Revenue £911.6m
Position in Universe 1876th / 6858

BRIEF-Verint Reports Non-GAAP Earnings Per Share $1.06

Wed 9th September, 2020 10:23pm
Sept 9 (Reuters) - Verint Systems Inc  VRNT.O :
    * VERINT ANNOUNCES Q2 FY2021 RESULTS
    * Q2 GAAP EARNINGS PER SHARE $0.09
    * Q2 EARNINGS PER SHARE ESTIMATE $0.69 -- REFINITIV IBES
DATA
    * SEPARATION ON TRACK FOR SHORTLY AFTER FISCAL YEAR-END
    * EXPECT MOMENTUM TO CONTINUE IN SECOND HALF OF YEAR
    * QTRLY  REVENUE WAS $309 MILLION ON A GAAP BASIS AND $313
MILLION
ON A NON-GAAP BASIS
    * QTRLY NON GAAP EARNINGS PER SHARE  $1.06
    * Q2 REVENUE VIEW $299.2 MILLION -- REFINITIV IBES DATA
    * EXPECT OUR NON-GAAP REVENUE TO IMPROVE SEQUENTIALLY BOTH
IN Q3
AND Q4
    * EXPECT ADJUSTED EBITDA FOR YEAR TO BE SIMILAR TO LAST YEAR
    * EXPECT TO MAKE OUR INITIAL CONFIDENTIAL SUBMISSION TO SEC
LATER
THIS MONTH
    * QTRLY NEW SAAS ACV UP 65% YEAR-OVER-YEAR

Source text for Eikon:  ID:nBw7cDBW3a 
Further company coverage:  VRNT.O 

 ((Reuters.Briefs@thomsonreuters.com;))
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