Verint (VRNT, $45.42) tops expectations, despite revenue miss

Verint Systems posted quarterly adjusted earnings of $0.56 per share for the quarter ended July 2022, exceeding the Zacks Consensus Estimate of $0.53 per share. Earnings were $0.58 per share a year ago.

Revenues of $223.63 million, however, came in 1.08% below Zacks Consensus Estimate. Revenues were $215.63 million in the year-ago quarter.

For the coming quarter, the current consensus EPS estimate is $0.67 on $239.28 million in revenues (as reported by Zacks Equity Research). For the current fiscal year, consensus is  $2.50 on $943.07 million in revenues (as reported by Zacks Equity Research).