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VRNT - Verint Systems Inc News Story

$46.13 -0.3  -0.7%

Last Trade - 2:36pm

Sector
Technology
Size
Mid Cap
Market Cap £2.16bn
Enterprise Value £2.37bn
Revenue £902.1m
Position in Universe 1852nd / 6853

BRIEF-Verint Systems Q1 GAAP Loss Per Share $0.09

Tue 9th June, 2020 9:07pm
Verint Systems Inc  VRNT.O :
    * Q1 NON-GAAP EARNINGS PER SHARE $0.52
    * Q1 GAAP LOSS PER SHARE $0.09
    * Q1 EARNINGS PER SHARE ESTIMATE $0.68 -- REFINITIV IBES
DATA
    * BOOKINGS GREW IN BOTH SEGMENTS IN FEBRUARY AND MARCH
    * MANY ON-PREMISES DEPLOYMENTS DELAYED IN APRIL DUE TO
COVID-19
    * EXPECT IMPROVEMENT SEQUENTIALLY IN Q2 AND CONTINUING IN H2
    * TARGETING SEPARATION SHORTLY AFTER FISCAL YEAR-END;
COMPLETED
APAX INVESTMENT AND TERM LOAN AMENDMENT
    * QTRLY TOTAL REVENUE $287.3 MILLION VERSUS $315.3 MILLION
    * Q1 REVENUE VIEW $323.3 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw3jXXFfa 
Further company coverage:  VRNT.O
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