Verint Systems (VRNT) Updates FY18 Earnings Guidance
Verint Systems (NASDAQ:VRNT) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $2.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.76. The company issued revenue guidance of $1.13-1.15 billion, compared to the consensus revenue estimate of $1.14 billion.
Shares of Verint Systems (NASDAQ VRNT) traded down $0.25 during midday trading on Wednesday, hitting $42.95. The stock had a trading volume of 463,900 shares, compared to its average volume of 418,577. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.59 and a current ratio of 1.63. The firm has a market capitalization of $2,753.34, a P/E ratio of 26.83, a PEG ratio of 2.39 and a beta of 1.26. Verint Systems has a fifty-two week low of $33.40 and a fifty-two week high of $44.70.
Verint Systems (NASDAQ:VRNT) last issued its quarterly earnings data on Wednesday, December 6th. The technology company reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by ($0.54). The business had revenue of $280.70 million for the quarter, compared to analyst estimates of $282.01 million. Verint Systems had a positive return on equity of 9.90% and a negative net margin of 2.42%. The business’s quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.59 earnings per share. equities research analysts forecast that Verint Systems will post 1.81 earnings per share for the current year.
Verint Systems Company Profile
Verint Systems Inc offers Actionable Intelligence solutions. The Company delivers its Actionable Intelligence solutions through two operating segments: Customer Engagement Solutions and Cyber Intelligence Solutions. It is a provider of customer engagement software and services that can be deployed on-premises or in the cloud.
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