05:33 AM EDT, 06/05/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the last paragraph.)

Verint Systems ( VRNT ) reported fiscal Q1 non-GAAP earnings late Wednesday of $0.29 per diluted share, down from $0.59 a year earlier.

Analysts polled by FactSet expected $0.13.

Revenue for the quarter ended April 30 was $208.1 million, down from $221.3 million a year earlier.

Analysts surveyed by FactSet expected $194.6 million.

The company retained its fiscal 2026 non-GAAP EPS guidance of $2.93 at the midpoint of its revenue guidance. Analysts expect $2.93.

Verint ( VRNT ) still expects full-year revenue of $960 million, plus or minus 3%. Analysts expect $958.6 million.

The company's shares were up 22% in recent premarket activity Thursday.