Verint Systems, Inc. (VRNT) Misses Q3 EPS by 2c, Offers FY11, FY12 Guidance

December 7, 2011 4:08 PM
Verint Systems, Inc. (NASDAQ: VRNT) reported Q3 EPS of $0.59, $0.02 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $204.6 million versus the consensus estimate of $199.71 million.

Verint Systems, Inc. sees FY2011 non-GAAP operating margin in the low 20%. Verint Systems, Inc. sees FY2011 revenue of $784-$792 million, versus the consensus of $790.46 million.

Outlook for the Year Ending January 31, 2013: The company sees initial annual non-GAAP revenue growth outlook of approximately 10% compared to the year ending January 31, 2012; and is targeting a non-GAAP operating margin in the low 20%.

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Earnings Guidance