Verint Announces Q1 FY2021 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/18/2026
- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Micron rises as White House presses Apple to avoid Chinese memory chips
- Tech selloff weighs down Wall Street as bond yields climb
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Francisco Partners to acquire Weave Communications for $650M
Needham & Company Reiterates Buy Rating on Verint Systems (VRNT) Following 1Q
June 10, 2020 8:06 AM EDTNeedham & Company analyst Ryan MacDonald reiterated a Buy rating and $53.00 price target on Verint Systems (NASDAQ: VRNT) following the company's 1Q earnings report. The COVID-19 pandemic resulted in on-premise deployment delays in both segments, leading to results that came in below expectations. 1QF21... More
Verint Systems (VRNT) Misses Q1 EPS by 16c, Revenues Miss
June 9, 2020 4:08 PM EDTVerint Systems (NASDAQ: VRNT) reported Q1 EPS of $0.52, $0.16 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $287.3 million versus the consensus estimate of $323.29 million.
Following a strong February and March, in April we saw many customers delaying planned projects, primarily involving on-premises deployments. Looking forward, as offices re-open and travel restrictions are lifted, we expect a sequential improvement in Q2 and continued improvement in the second half of the year, said Dan Bodner, CEO.
Bodner continued, We are pleased to report significant progress on our plan to create two... More
