Verint Systems (VRNT) Misses Q2 EPS by 4c; offers guidance
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Go back to Verint Systems (VRNT) Misses Q2 EPS by 4c; offers guidance
September 5, 2024 5:24 AM EDT
Jefferies analyst Samad Samana lowered the price target on Verint Systems (NASDAQ: VRNT) to $28.00 (from $32.00) while maintaining a Hold rating.
The analyst comments "VRNT missed on total rev (-1%) and EPS (-7%), as an unbundled SaaS deal was pushed. Mgmt... More
September 5, 2024 5:21 AM EDT
Evercore ISI analyst Peter Levine lowered the price target on Verint Systems (NASDAQ: VRNT) to $30.00 (from $34.00) while maintaining a In Line rating.
The analyst comments "VRNT reported mixed F2Q results with a slight miss on the top and bottom line vs. consensus. Excluding the $1.5 million deal that was delayed, the reported KPIs were largely in line with expectations. In our view, the market's reaction was somewhat exaggerated, likely driven by the assumption that the lackluster results and guidance suggest the numbers are not sufficiently de-risked. Mgmt maintained... More
