Verint Systems Reports Q4 Beat, Provides Outlook
<p><a href='https://financialmodelingprep.com/financial-summary/VRNT'>Verint Systems Inc. (NASDAQ:VRNT) </a>reported its Q4 results, with EPS coming in at $0.57, slightly better than the consensus estimate of $0.56. Revenue was $236 million, compared to the consensus estimate of $231.6 million.</p>
<p>The quarter was highlighted by cloud revenue growth of 35%, with cloud revenue now expected to grow 30-32% in 2023 vs. 30% previously as demand around automation and the need to close the engagement capacity gap continue to drive results.</p>
<p>The company expects EPS for the full 2023-year to be $2.50 at the midpoint, compared to the consensus estimate of $2.49. </p>

NASDAQ:VRNT