Verint Reports Fourth Quarter and Full Year Results and Announces $150 Million Share Buyback Program
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March 30, 2016 7:57 AM EDT
Oppenheimer maintained an Outperform rating on Verint Systems (NASDAQ: VRNT), and cut the price target to $49.00 (from $60.00), following the company's 4Q earnings report. VRNT reported EPS of $0.90, missing the consensus estimate of $1.16. VRNT cited two examples of emerging markets Security headwinds: one in which currency devaluation reduced... More
March 30, 2016 6:45 AM EDT
Deutsche Bank downgraded Verint Systems (NASDAQ: VRNT) from Buy to Hold with a price target of $35.00 (from $50.00). The change follows weak results.
"We are downgrading VRNT to Hold from Buy as we expect the emerging market security biz slowdown and lower than... More
March 30, 2016 6:36 AM EDT
Credit Suisse downgraded Verint Systems (NASDAQ: VRNT) from Neutral to Underperform with a price target of $29.00.
Analyst M. Nemeroff commented, " Following last qtr's large miss, the miss in F4Q was even larger and mgmt. guided F2017 revenue/EPS well below... More
March 29, 2016 4:24 PM EDT
Verint Systems (NASDAQ: VRNT), FormFactor (NASDAQ: FORM) to Resume Trading at 4:35 PM ET
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March 29, 2016 4:06 PM EDT
Verint Systems (NASDAQ: VRNT) reported Q4 EPS of $0.90, $0.27 worse than the analyst estimate of $1.17. Revenue for the quarter came in at $280.8 million versus the consensus estimate of $318.04 million.
Financial Outlook
Below is Verint's non-GAAP outlook for the year ending January 31,... More
