Verint Announces Q4 and Full Year FY2020 Results

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Verint Systems (VRNT) Misses Q4 EPS by 5c, Revenues Miss

March 31, 2020 4:08 PM EDT

Verint Systems (NASDAQ: VRNT) reported Q4 EPS of $1.11, $0.05 worse than the analyst estimate of $1.16. Revenue for the quarter came in at $349 million versus the consensus estimate of $374.51 million.

In FY20, we made significant progress with our three strategic objectives and are pleased to report strong execution of our Customer Engagement Cloud First strategy, our Cyber Intelligence Software Model strategy and our plan to separate our two businesses. In the current COVID-19 environment, we are highly engaged with our global base of customers helping them to navigate the new challenges they are facing. Our... More