Verint Announces Strong FY2019 Results and Raises Guidance for FY2020
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Verint Systems (VRNT) PT Raised to $65 at RBC Capital
March 28, 2019 12:34 PM EDTRBC Capital analyst Dan Bergstrom raised the price target on Verint Systems (NASDAQ: VRNT) to $65.00 (from $58.00) while maintaining a Outperform rating following results.
"Results continue to reflect strong trends while the outlook for FY/20 moves higher and implies strong results from both segment," Bergstrom stated.
... MoreVerint Systems (VRNT) Tops Q4 EPS by 7c, Revenues Beat; Raises FY20 EPS/Revenue Mid-Point Guidance Above Consensus
March 27, 2019 4:08 PM EDTVerint Systems (NASDAQ: VRNT) reported Q4 EPS of $1.08, $0.07 better than the analyst estimate of $1.01. Revenue for the quarter came in at $337 million versus the consensus estimate of $332.54 million.
We believe our strong results and over achievement reflect the successful execution of the growth strategy that we implemented approximately two years ago. We learned about our customers\' mounting business and security challenges, and we responded by accelerating our automation... More
