Verint Systems (VRNT) Tops Q3 EPS by 4c

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Verint Announces Third Quarter Results

December 7, 2022 4:05 PM EST

Strong Momentum Continues Across Key SaaS Metrics

Also Announces New $200 Million Share Buyback Program

MELVILLE, N.Y.--(BUSINESS WIRE)-- Verint® (Nasdaq: VRNT), The Customer Engagement Company, today announced results for the three and nine months ended October 31, 2022 (FYE 2023). Revenue for the three months ended October 31, 2022 was $225 million on a GAAP basis representing 0.2% year-over-year growth and $226 million on a non-GAAP basis, representing (0.6)% year-over-year change and 2.2% year-over-year growth on a constant currency basis. Revenue for the nine months ended October 31, 2022 was $666 million on a GAAP basis, representing 4.0% year-over-year growth, and $668 million on a non-GAAP basis,... More