Verint Systems Q4 2024 GAAP EPS $0.37 Misses $0.47 Estimate, Sales $265.109M Beat $263.116M Estimate
Portfolio Pulse from Benzinga Newsdesk
Verint Systems (NASDAQ:VRNT) reported Q4 2024 earnings with a GAAP EPS of $0.37, missing the $0.47 estimate, but sales of $265.109M exceeded the $263.116M estimate, marking an 11.98% increase from the previous year.
March 27, 2024 | 8:35 pm
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Verint Systems reported a mixed Q4 2024 with earnings per share missing estimates but sales exceeding expectations and showing significant year-over-year growth.
The miss in EPS might concern investors about profitability, but the beat in sales and significant year-over-year growth could indicate strong demand for Verint's products and services, potentially offsetting the negative impact of the earnings miss in the short term.
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IMPORTANCE 90
RELEVANCE 100