Verint Systems (VRNT) Tops Q4 EPS by 7c, Revenues Beat; Raises FY20 EPS/Revenue Mid-Point Guidance Above Consensus

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Go back to Verint Systems (VRNT) Tops Q4 EPS by 7c, Revenues Beat; Raises FY20 EPS/Revenue Mid-Point Guidance Above Consensus

Verint Announces Strong FY2019 Results and Raises Guidance for FY2020

March 27, 2019 4:05 PM EDT

Cloud Revenue Growth Accelerating, Targeting 30% to 40% CAGR Over Next Three Years
Strong Momentum Expected to Drive 10% Total Revenue Growth and Continued Margin Expansion in FY2020
Raising Annual Non-GAAP Guidance: Increasing Revenue by $25 Million to $1.370 Billion and EPS by 10 Cents to $3.60

MELVILLE, N.Y.--(BUSINESS WIRE)-- Verint® Systems Inc. (NASDAQ: VRNT), a global Actionable Intelligence® leader, today announced results for the three months and year ended January 31, 2019 (FY2019).

We believe our strong results and over achievement reflect the successful execution of the growth strategy that... More