Verint Systems, Inc.

-0.94 (-1.96%)
Other Pre-Announcement

Verint Reports Non-GAAP Earnings Per Share $1.06

Published: 09/09/2020 21:30 GMT
Verint Systems, Inc. (VRNT) - Verint Announces Q2 FY2021 Results.
Q2 GAAP Earnings per Share $0.09.
Q2 Earnings per Share Estimate $0.69 -- Refinitiv Ibes Data (analyst estimates).
Separation on Track for Shortly After Fiscal Year-end.
Expect Momentum to Continue in Second Half of Year.
Qtrly Revenue Was $309 Million on a GAAP Basis and $313 Million on a Non-GAAP Basis.
Qtrly Non GAAP Earnings per Share $1.06.
Q2 Revenue View $299.2 Million -- Refinitiv Ibes Data (analyst estimates).
Expect Our Non-GAAP Revenue to Improve Sequentially Both in Q3 and Q4.
Expect Adjusted EBITDA for Year to Be Similar to Last Year.
Expect to Make Our Initial Confidential Submission to Sec Later This Month.
Qtrly New Saas Acv Up 65% Year-over-year.