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Verint Systems Fiscal Q2 Non-GAAP Earnings Rise, Revenue Flat; Fiscal 2025 Outlook Reiterated
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Verint Systems Fiscal Q2 Non-GAAP Earnings Rise, Revenue Flat; Fiscal 2025 Outlook Reiterated
Sep 6, 2024 12:38 PM

04:40 PM EDT, 09/04/2024 (MT Newswires) -- Verint Systems ( VRNT ) reported fiscal Q2 non-GAAP earnings late Wednesday of $0.49 per diluted share, up from $0.48 a year earlier.

Analysts polled by Capital IQ expected $0.53.

Revenue in the quarter ended July 31 was nearly flat at $210.2 million. Analysts surveyed by Capital IQ expected $212.4 million.

The company reiterated its fiscal 2025 revenue guidance of $933 million, plus or minus 2%, and non-GAAP diluted EPS of $2.90 based at the midpoint of the revenue guidance.

Analysts polled by Capital IQ expect revenue of $936.3 million and normalized EPS of $2.90.

Shares of Verint Systems ( VRNT ) fell nearly 15% in after-hours activity.

Price: 25.51, Change: -4.36, Percent Change: -14.61

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