Verint Systems Q1 EPS $0.53 Beats $0.47 Estimate, Sales $217.19M Beat $216.15M Estimate
Portfolio Pulse from Happy Mohamed
Verint Systems reported Q1 earnings of $0.53 per share, beating the analyst consensus estimate of $0.47 by 12.77%. Sales reached $217.19M, surpassing the estimate of $216.15M by 0.48%. However, sales decreased by 0.94% compared to the same period last year.
June 07, 2023 | 8:06 pm
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POSITIVE IMPACT
Verint Systems' Q1 earnings beat estimates with an EPS of $0.53 and sales of $217.19M, but sales decreased by 0.94% YoY.
Verint Systems beat analyst estimates for both earnings per share and sales, which is generally a positive signal for the stock. However, the 0.94% decrease in sales compared to the same period last year may slightly dampen the positive impact. Overall, the stock is likely to go up in the short term due to the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100