Verint Systems Q4 Adj EPS $1.07 Beats $0.97 Estimate, Sales $265.22M Beat $263.12M Estimate
Portfolio Pulse from mahesh@benzinga.com
Verint Systems (NASDAQ:VRNT) reported Q4 adjusted EPS of $1.07, surpassing the $0.97 estimate, marking a 42.67% increase from last year. Sales reached $265.22M, exceeding the $263.12M estimate, up 12.02% from the previous year.
March 27, 2024 | 8:46 pm
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Verint Systems reported a significant beat on both EPS and sales estimates for Q4, with a notable year-over-year growth in earnings and sales.
The positive earnings and sales beat indicate strong financial health and operational efficiency, likely leading to increased investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100