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Verint Systems Inc  (NASDAQ: VRNT)
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Price: $24.4300 $0.07 0.287%
Day's High: $24.83 Week Perf: -1.93 %
Day's Low: $ 24.19 30 Day Perf: -15.93 %
Volume (M): 468 52 Wk High: $ 38.17
Volume (M$): $ 11,438 52 Wk Avg: $29.41
Open: $24.68 52 Wk Low: $21.28



 Market Capitalization (Millions $) 1,534
 Shares Outstanding (Millions) 63
 Employees 3,700
 Revenues (TTM) (Millions $) 896
 Net Income (TTM) (Millions $) 45
 Cash Flow (TTM) (Millions $) -28
 Capital Exp. (TTM) (Millions $) 27

Verint Systems Inc
Verint Systems Inc. is a multinational technology company that specializes in business intelligence and security solutions. It provides an array of software and hardware products used by corporations, organizations, and government agencies. The company's products are primarily used for data analytics, customer engagement, and surveillance.

Verint Systems Inc. was founded in 2002 and is headquartered in Melville, New York. The company has a global presence with offices in North America, Europe, Asia, and the Middle East. It operates in various industry verticals, including banking, healthcare, insurance, retail, and transportation.

The solutions offered by Verint fall into four main categories:

1. Intelligence Solutions: This category includes software for data analytics, speech and text analytics, and advanced fraud detection.

2. Workforce Solutions: These solutions help businesses enhance employee productivity and manage the workforce. They include workforce optimization, performance management, and engagement management software.

3. Customer Engagement Solutions: This category includes software for voice and digital customer interaction, customer experience management, and self-service automation.

4. Cyber Intelligence Solutions: This category includes solutions that provide real-time visibility into cyber threats and collect actionable intelligence for organizations.

The company's flagship product is Verint Engagement Management, which provides comprehensive customer engagement solutions. It enables organizations to engage with customers through voice, digital, and social channels while seamlessly managing interactions across all channels. Verint's products are used by over 10,000 organizations in more than 180 countries.

In addition to its software solutions, Verint also provides consulting, implementation, and support services to its customers. The company has over 5,000 employees globally and generated $1.307 billion in revenue in 2020. Verint has won several awards for its products and services, including the Frost & Sullivan 2020 North American Customer Value Leadership Award and the TMC 2020 CUSTOMER Magazine Product of the Year Award.


   Company Address: 225 Broadhollow Road Melville, 11747 NY
   Company Phone Number: 962-9600   Stock Exchange / Ticker: NASDAQ VRNT


   

Stock Performances by Major Competitors

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• View Complete Report
   



Business Update

Verint Bags $11M Contract for AI Copilot Bot from Banking Giant Amid Market Challenges,

Published Wed, Nov 6 2024 2:45 AM UTC

CSIMarket.com : Verint Secures $11 Million Contract for AI-Powered Agent Copilot Bot from Leading Bank In a significant step towards enhancing customer service capabilities through technological innovation, Verint Systems Inc (NASDAQ: VRNT), known widely as The CX Automation Company, has been awarded an $11 million contract by a prestigious banking institution. This contrac...

Business Update

Verint Technologies Secures $11 Million Contract with Leading Bank Amidst Competitive Landscape

Published Tue, Nov 5 2024 1:36 PM UTC

In a significant move that underscores the growing importance of artificial intelligence (AI) in customer service, Verint Systems Inc. has been awarded an $11 million contract by a leading bank for its AI-powered Agent Copilot Bot. This innovative technology is set to assist 6,500 agents at the bank s contact center, which engages with customers for approximately 400 million...

Business Update

Verint Systems Secures Market Leader Status in Contact Center Advanced Sector by ISG, Surpasses ROI Benchmarks,

Published Thu, Oct 31 2024 6:36 PM UTC

Verint Systems Named Market Leader in Contact Center Advanced Sector by ISG Research Melville, N.Y. Verint Systems Inc. (NASDAQ: VRNT), widely known as The CX Automation Company, has been distinguished as a market leader in the Contact Center Advanced Buyers Guide by ISG Research. This accolade recognizes Verint s position amidst 34 vendors, underscoring its robust offerin...

Business Update

From Queries to Clarity How AI is Transforming Customer Engagement in Telecommunications and Healthcare

Published Wed, Oct 9 2024 3:47 PM UTC

In an era where customer experience (CX) reigns supreme, global enterprises are leveraging artificial intelligence (AI) to enhance their service delivery and operational efficiency. Recent reports on the integration of Verint AI-powered bots within a global telecommunications company reveal noteworthy improvements, including a 14-point increase in their Net Promoter Score (N...

Business Update

Synergizing AI Verint and Five9 Forge a Partnership to Enhance Customer Experiences

Published Mon, Sep 23 2024 12:47 PM UTC

In a notable development within the technology sector, Verint Systems Inc. (NASDAQ: VRNT) and Five9 (NASDAQ: FIVN) announced an enhanced partnership focused on integrating their respective platforms to deliver AI-driven customer experiences. This collaboration represents a strategic move to fortify their positions in the competitive AI market, addressing the growing demand f...







Verint Systems Inc's Segments
Total SaaS revenue    66.48 % of total Revenue
Bundled SaaS revenue    33.64 % of total Revenue
Unbundled SaaS revenue    32.84 % of total Revenue
Total recurring revenue    80.43 % of total Revenue
Optional managed services revenue    2.57 % of total Revenue
Support revenue    11.38 % of total Revenue
Total nonrecurring revenue    19.83 % of total Revenue
Perpetual revenue    10.5 % of total Revenue
Professional services and other revenue    9.33 % of total Revenue

  Verint Systems Inc Outlook

On May 21 2024 the Verint Systems Inc provided following guidance

Veint Systems Inc. will be announcing their first quarter financial results for the quarter ended April 30, 2024 on June 4, 2024. The conference call to review these results and discuss the outlook for the comp...





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