Verint Announces Third Quarter Results

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Verint Systems (VRNT) PT Cut at Imperial Capital Post Q3; ‘Outperform’ Maintained

December 4, 2015 8:22 AM EST

Imperial Capital maintained an Outperform rating on Verint Systems (NASDAQ: VRNT), and cut the price target to $55.00 (from $60.00), following the company's 3Q earnings report. Non-GAAP revenue of $285mn was below consensus estimate of $299mn. Non-GAAP EPS of $0.78 was below consensus estimate of... More

Credit Suisse Downgrades Verint Systems (VRNT) to Neutral

December 3, 2015 6:24 AM EST

Credit Suisse downgraded Verint Systems (NASDAQ: VRNT) from Outperform to Neutral with a price target of $45.00 (from $60.00).

Analyst M. Nemeroff commented, "F3Q rev missed Street and mgmt. guided F4Q rev/EPS down further, after lowering the bar last qtr. More... More

Verint Systems (VRNT) Misses Q3 EPS by 1c

December 2, 2015 4:06 PM EST

Verint Systems (NASDAQ: VRNT) reported Q3 EPS of $0.78, $0.01 worse than the analyst estimate of $0.79. Revenue for the quarter came in at $284.1 million versus the consensus estimate of $298.77 million.

GUIDANCE:

Verint Systems sees FY2016 EPS of $3.30, versus the consensus of $3.46. Verint... More