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Verint Systems Fiscal Q2 Non-GAAP Earnings Rise, Revenue Flat; Fiscal 2025 Outlook Reiterated
2024-09-05 04:40
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 fell nearly 15% in after-hours activity.
Price: 25.51, Change: -4.36, Percent Change: -14.61
