Verint Systems (VRNT) Updates FY19 Earnings Guidance
Verint Systems (NASDAQ:VRNT) issued an update on its FY19 earnings guidance on Thursday morning. The company provided earnings per share guidance of ~$3.09 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.12. The company issued revenue guidance of $1.21-1.25 billion (+/- 2%), compared to the consensus revenue estimate of $1.23 billion.
Shares of Verint Systems traded down $0.30, reaching $44.05, during mid-day trading on Thursday, according to Marketbeat.com. The company’s stock had a trading volume of 845,805 shares, compared to its average volume of 317,952. Verint Systems has a 12-month low of $37.05 and a 12-month high of $45.00. The company has a market cap of $2.79 billion, a P/E ratio of 24.89, a PEG ratio of 2.04 and a beta of 1.03. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.51 and a current ratio of 1.55.
Verint Systems (NASDAQ:VRNT) last released its quarterly earnings data on Wednesday, March 28th. The technology company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.05. Verint Systems had a positive return on equity of 10.57% and a negative net margin of 0.58%. The business had revenue of $318.73 million for the quarter, compared to the consensus estimate of $313.98 million. During the same quarter in the prior year, the business posted $0.90 EPS. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. analysts predict that Verint Systems will post 2.14 earnings per share for the current fiscal year.
Verint Systems Company Profile
Verint Systems Inc provides actionable intelligence solutions and value-added services worldwide. Its Customer Engagement Solutions segment provides automated quality management, automated verification, branch surveillance and investigation, case management, chat engagement, coaching/learning, compliance recording, customer communities, desktop and process analytics, digital feedback, email engagement, employee desktop, enterprise feedback, financial compliance, full-time recording, gamification, identity analytics, internal communities, knowledge management, mobile workforce, performance management, robotic process automation, social analytics, speech and text analytics, virtual assistant, voice self-service, voice self-service fraud detection, Web/mobile self-service, work manager, and workforce management solutions.
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