Verint Systems Q2 EPS $0.48 Misses $0.57 Estimate, Sales $210.41M Miss $225.10M Estimate
Portfolio Pulse from Happy Mohamed
Verint Systems (NASDAQ:VRNT) reported Q2 earnings of $0.48 per share, missing the analyst consensus estimate of $0.57 by 15.79%. This is a 14.29% decrease from the same period last year. The company also reported quarterly sales of $210.41 million, missing the analyst consensus estimate of $225.10 million by 6.53%. This is a 5.91% decrease from the same period last year.
September 06, 2023 | 8:08 pm
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Verint Systems reported lower than expected Q2 earnings and sales, which could negatively impact its stock price in the short term.
Verint Systems reported lower than expected Q2 earnings and sales. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100