Verint Systems Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2021
December 02, 2021 at 04:05 pm EST
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Verint Systems Inc. reported earnings results for the third quarter and nine months ended October 31, 2021. For the third quarter, the company reported sales was USD 224.82 million compared to USD 215.22 million a year ago. Revenue was USD 224.82 million compared to USD 215.22 million a year ago. Net income was USD 13.24 million compared to USD 10.18 million a year ago. Basic earnings per share from continuing operations was USD 0.12 compared to basic loss per share from continuing operations of USD 0.08 a year ago. Diluted earnings per share from continuing operations was USD 0.12 compared to diluted loss per share from continuing operations of USD 0.08 a year ago. Basic earnings per share was USD 0.12 compared to USD 0.11 a year ago. Diluted earnings per share was USD 0.12 compared to USD 0.11 a year ago.
For the nine months, sales was USD 640.34 million compared to USD 605.17 million a year ago. Revenue was USD 640.34 million compared to USD 605.17 million a year ago. Net income was USD 19.04 million compared to USD 12.66 million a year ago. Basic earnings per share from continuing operations was USD 0.08 compared to basic loss per share from continuing operations of USD 0.49 a year ago. Diluted earnings per share from continuing operations was USD 0.08. Basic earnings per share was USD 0.08 compared to USD 0.12 a year ago. Diluted earnings per share was USD 0.08.
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. 
