Sector: Technology | Industry: IT Services & Consulting |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 175 Broadhollow Road MELVILLE NY 11747 |
Tel: | N/A |
Website: | https://www.verint.com |
IR: | See website |
Key People | ||
Dan Bodner Chairman of the Board, Chief Executive Officer | Elan Moriah President | Grant Highlander Chief Financial Officer | Peter Demian Fante Chief Administrative Officer |
Business Overview |
Verint Systems Inc. helps brands build customer relationships. The Company helps organizations close the Engagement Capacity Gap with its Verint Customer Engagement Cloud Platform. Its Verint Customer Engagement Platform is used by approximately 10,000 organizations in 180 countries to draw on the advancements in artificial intelligence (AI), analytics and open cloud architecture to elevate the customer experience. The Verint Platform is agnostic to communication infrastructure choices and integrates with brands' existing contact center as-a-service (CCaaS), unified communications-as-a-service (UCaaS) and communications platform-as-a-service (CPaaS) solutions. The Verint Platform includes an Engagement Data Hub. Interaction data captured from multiple voices, video, digital and social communication systems, experience data captured from multiple survey systems, and enrichment data from systems of record, are unified and managed in a single data hub at the core of the platform. |
Financial Overview |
For the nine months ended 31 October 2023, Verint Systems Inc. revenues decreased 3% to $645.3M. Net loss applicable to common stockholders decreased 58% to $5.7M. Revenues reflect Support revenue segment decrease of 25% to $105.4M, Perpetual revenue segment decrease of 16% to $74.1M. Lower net loss reflects Stock-based Compensation in SGA decrease of 22% to $38.6M (expense), Interest income increase from $1.7M to $5.4M (income). |
Employees: | 4,100 as of Oct 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,596M as of Oct 31, 2023 |
Annual revenue (TTM): | $881.53M as of Oct 31, 2023 |
EBITDA (TTM): | $150.93M as of Oct 31, 2023 |
Net annual income (TTM): | $2.06M as of Oct 31, 2023 |
Free cash flow (TTM): | $100.21M as of Oct 31, 2023 |
Net Debt Last Fiscal Year: | $200.13M as of Oct 31, 2023 |
Shares outstanding: | 63,015,469 as of Nov 15, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |