Verint Announces Q2 FY2021 Results
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Verint Systems (VRNT) Tops Q2 EPS by 37c, Revenues Beat
September 9, 2020 4:07 PM EDTVerint Systems (NASDAQ: VRNT) reported Q2 EPS of $1.06, $0.37 better than the analyst estimate of $0.69. Revenue for the quarter came in at $309.1 million versus the consensus estimate of $299.23 million.
Strong Sequential Growth in Q2; Expect Momentum to Continue in Second Half of YearStrong Cloud Momentum; New SaaS ACV up 65% Year-over-YearCash From Operations Increases 39% in First Half of YearSeparation on Track for Shortly After Fiscal Year-EndWe had a solid Q2 with strong sequential revenue growth, year-over-year operating income growth and cash from operations growth. Our cloud business... More
