Verint Systems Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended January 31, 2024
March 27, 2024 at 04:05 pm EDT
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Verint Systems Inc. reported earnings results for the fourth quarter and full year ended January 31, 2024. For the fourth quarter, the company reported sales was USD 265.11 million compared to USD 236.25 million a year ago. Revenue was USD 265.11 million compared to USD 236.25 million a year ago. Net income was USD 28.7 million compared to USD 12.95 million a year ago. Basic earnings per share from continuing operations was USD 0.37 compared to USD 0.12 a year ago. Diluted earnings per share from continuing operations was USD 0.37 compared to USD 0.12 a year ago.
For the full year, sales was USD 910.39 million compared to USD 902.25 million a year ago. Revenue was USD 910.39 million compared to USD 902.25 million a year ago. Net income was USD 38.61 million compared to USD 14.9 million a year ago. Basic earnings per share from continuing operations was USD 0.28 compared to basic loss per share from continuing operations of USD 0.09 a year ago. Diluted earnings per share from continuing operations was USD 0.28 compared to diluted loss per share from continuing operations of USD 0.09 a year ago.
Verint Systems Inc. helps brands increase customer experience (CX) automation with its differentiated AI-powered Open Platform. AI-powered platforms are specifically designed for the customer engagement domain to increase the level of their CX automation rather than hire additional employees. The Companyâs Verint Open Platform is designed to help brands increase CX automation across all touchpoints between their organization and their customers: in the contact center, back office, branch, websites, and mobile apps. Its platform is differentiated based on an open approach and an architecture with behavioral data and Verint Da Vinci AI at the platform core. Its platform offers brands a range of capabilities, including a large team of AI-powered bots, communication channels, AI-powered routing, Intelligent Virtual Assistant (IVA) for voice and digital, analytics and insights, forecasting and scheduling, quality and compliance, and the voice of the customer/employee.
VERINT SYSTEMS INC. 
