Verint Systems (VRNT) Misses Q1 EPS by 16c, Revenues Miss

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Go back to Verint Systems (VRNT) Misses Q1 EPS by 16c, Revenues Miss

Verint Announces Q1 FY2021 Results

June 9, 2020 4:05 PM EDT

Bookings Grew in Both Segments in February and March; Many On-Premises Deployments Delayed in April Due to COVID-19

Expect Improvement Sequentially in Q2 and Continuing in H2; Driven by On-Premises Deployments Coming Back and Cloud Growth

Targeting Separation Shortly After Fiscal Year-End; Completed Apax Investment and Term Loan Amendment

MELVILLE, N.Y.--(BUSINESS WIRE)-- Verint® Systems Inc. (NASDAQ: VRNT), a global Actionable Intelligence® leader, today announced results for the three months ended April 30, 2020 (FY2021). Revenue for the three months ended April 30, 2020 was $287... More