Verint Systems Inc - VRNT STOCK NEWS

Verint (NASDAQ: VRNT) announces key events including its Q1 FYE 23 Earnings Conference Call on June 7, 2022 at 4:30 p.m. ET, followed by a Virtual Investor Day on June 9, 2022 at 10:30 a.m. ET. The earnings call will review financial results for the quarter ending April 30, 2022.

Additionally, Verint will participate in multiple investor conferences: Needham Technology & Media Conference on May 19, Oppenheimer Israel Conference on May 23-24, and J.P. Morgan Technology, Media and Communications Conference on May 25.

Verint (Nasdaq: VRNT) achieved top customer satisfaction scores in DMG Consulting's 2022/2023 Workforce Management for the Enterprise Report, receiving a perfect 5.0 out of 5.0 in Overall Vendor Satisfaction for the fourth consecutive year. The report highlights Verint's leadership in nine out of ten satisfaction categories, including product satisfaction and innovation. Additionally, Verint excelled in workforce management capabilities, attaining perfect scores in 11 categories. The company's solution adapts to hybrid work environments, enhancing agent productivity and customer experience.

Verint (NASDAQ: VRNT) announced its annual customer engagement conference, Engage, scheduled for June 13-16, 2022, at the Hyatt Regency Orlando. Highlighting the theme ‘Better Together,’ the event will feature over 70 sessions with industry analysts and leading brands. Keynote speaker José Andrés aims to inspire empathy in customer relations. Attendees will learn from brands like General Dynamics and Highmark Health, exploring topics from workforce engagement to AI and analytics. This event emphasizes Verint's commitment to enhancing customer relationships across enterprises.

Verint (NASDAQ: VRNT) has launched a new compliance recording integration with Zoom, enabling regulated businesses to capture and analyze communications from Zoom Phone and Meetings. This integration supports compliance with industry regulations and international banking standards, facilitating the shift from traditional PBX systems to cloud-based solutions. Verint's robust compliance capabilities allow detailed control of recording policies, which is crucial for sectors like finance, healthcare, and public services, especially amidst the rise of hybrid work models.

Verint (NASDAQ: VRNT) has been recognized in the 2022 CRM Watchlist, an annual assessment by analyst Paul Greenberg, for its sustainable impact on the customer engagement technology market. Among 59 submissions, Verint was one of 16 companies selected for its financial stability, management quality, and innovative outreach strategies. Verint's initiatives, particularly in addressing the Engagement Capacity Gap through technology and AI, underline its commitment to enhancing customer relationships. This accolade reflects Verint's evolving market presence under its new chief marketing officer.

Verint (Nasdaq: VRNT) announced Q4 and full year results for 2022, with revenue hitting $234 million in Q4 (4% YoY growth) and $875 million for the year (5% YoY growth). Non-GAAP diluted EPS reached $0.57 in Q4 and $2.28 for the full year. Cloud revenue surged, growing 36% in Q4 and 40% for the year. The company raised its FY 2023 outlook, targeting revenue of $940 million (+/- 2%), a 7% increase YoY, and cloud revenue growth between 30-32%. CEO Dan Bodner expressed optimism about ongoing cloud transition and strong backlogs totaling $722 million.

Verint released its annual survey highlighting challenges two years post-pandemic. The research indicates a significant Engagement Capacity Gap, with 76% of business leaders anticipating increased challenges. Key initiatives include enhancing agent experience (60%) and digital-first engagement (59%). Staffing remains a critical issue, with 71% reporting difficulties in retaining talent. In positive news, 60% of companies plan to increase hiring this year. Furthermore, organizations are boosting budgets for AI-driven customer engagement technologies to foster empathy and support employee wellness.

Verint Systems Inc. (NASDAQ: VRNT) will hold a conference call on March 29, 2022, at 4:30 p.m. ET, to discuss its fourth quarter and full-year financial results for the year ended January 31, 2022. An earnings press release will be issued after market close on the same day. Interested parties can access the live call via telephone or through Verint's Investor Relations webcast page.

Verint (Nasdaq: VRNT) announces the appointment of Kristen Robinson to its Board of Directors. Robinson brings extensive HR leadership experience from her role as Chief People Officer at Splunk, and previous positions at Pandora Media, Yahoo!, Verigy, and Agilent Technologies. Chairman and CEO Dan Bodner emphasized her expertise in fostering employee experience, global talent management, and diversity. This strategic addition aims to bolster Verint's growth and leadership in the customer engagement sector.