Verint Systems (VRNT) Tops Q1 EPS by 5c

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Oppenheimer Remains Bullish on Verint Systems (VRNT) Following Strong 1Q Results

June 8, 2016 8:34 AM EDT

Oppenheimer maintained an Outperform rating and $49.00 price target on Verint Systems (NASDAQ: VRNT) following the company's 1Q earnings report. VRNT posted EPS of $0.46, ahead of the Street's $0.41 estimate. Revenues of $249M also came in ahead of consensus' $251M estimate. The company reiterated FY16 guidance calling for revenue... More