Welcome to our dedicated page for Verint Sys news (Ticker: VRNT), a resource for investors and traders seeking the latest updates and insights on Verint Sys stock.
This page provides a dedicated feed of news and press releases related to Verint Systems Inc. (formerly NASDAQ: VRNT), historically known as Verint, The CX Automation Company. Verint’s announcements focus on its role in Customer Experience (CX) Automation, its AI-powered Verint Open Platform and its relationships with major enterprise customers, including more than 80 of the Fortune 100 companies.
Readers can use this news stream to follow how Verint positions its CX Automation capabilities, AI-powered bots and open platform in the market. Company press releases highlight topics such as customer awards for CX Automation outcomes, recognition from independent analysts and review platforms, workplace culture achievements and strategic partnerships that extend Verint’s reach in contact center and workforce management environments.
Typical news items include Verint’s recognition in buyers guides for APAC contact centre CX platforms with AI, TrustRadius Buyer’s Choice awards for Verint CX Automation and Verint WFM, and Great Place To Work certifications across multiple countries. Other releases cover events such as the Verint Engage conference and EMEA Inspire Awards, where organizations using Verint solutions are recognized for measurable AI business outcomes in areas like augmented workforce, AI and analytics, self-service, regulatory compliance and digital-first engagement.
This archive also captures material corporate developments, including Verint’s agreement to be acquired by Thoma Bravo and the subsequent merger in which Verint became a wholly owned subsidiary of Calabrio, Inc., leading to the delisting of VRNT from the Nasdaq Global Select Market. Investors and researchers can review these historical announcements to understand Verint’s strategic direction, CX Automation narrative and the context around its transition from a public company to part of a private, portfolio-backed group.
Verint Systems (Nasdaq: VRNT) has announced its participation in upcoming investor events. On October 12, the management team will attend an investor dinner hosted by Wedbush Securities in New York City. The following day, October 13, Verint will participate in a virtual non-deal roadshow organized by Needham & Company. Investors seeking more information should contact their respective sales representatives from Wedbush and Needham. Verint is known for its robust Customer Engagement portfolio, leveraging AI and analytics to strengthen client relationships.
Verint has released a study by Forrester Consulting highlighting the economic impact of its Digital-First Engagement solutions. Over three years, companies utilizing Verint's services achieve benefits of
Verint Systems (NASDAQ: VRNT) announced recognition for its Intelligent Interviewing solution, a finalist for the ICMI Global Contact Center Awards' Best New Technology Solution category. Customers like MSC Industrial Supply and Navy Federal Credit Union were also nominated for their exemplary use of Verint's services. Verint's solutions enhance customer engagement and operational efficiency. The winners will be unveiled at the ICMI Contact Center Expo in Orlando from October 24-27, 2022.
Verint Systems Inc. (NASDAQ: VRNT) announced that Grant Highlander will succeed Douglas Robinson as CFO in Q4 of the fiscal year ending January 31, 2023. Robinson will remain with the company in an advisory role to ensure a smooth transition. Highlander has over 20 years of experience and has been with Verint for seven years, contributing significantly to its cloud transformation. CEO Dan Bodner expressed gratitude for Robinson's leadership during his 16-year tenure, highlighting a strong management team in place for future growth.
Verint (VRNT) reported Q2 and H1 FY2023 results with a revenue of $223 million for Q2, marking a 3.9% year-over-year increase. For H1, revenue was $441 million, reflecting a 6.1% growth. Net loss per share for Q2 was $(0.12) on a GAAP basis, while non-GAAP diluted EPS was $0.56. Cloud revenue showed strong growth, with Q2 cloud revenue reaching $118 million, a 29% increase. The company added over 100 new customers in Q2 and adjusted its annual guidance to $920 million in revenue and an EPS of $2.50, indicating a growth outlook despite foreign currency fluctuations.
Verint (Nasdaq: VRNT) has received top scores in customer satisfaction categories according to DMG Consulting’s 2022/2023 AI-Enabled Self-Service for the Enterprise Report. The company achieved a perfect score of 5.0 in Overall Vendor Satisfaction and Product Satisfaction. Verint’s Intelligent Virtual Assistant (IVA) was recognized for its excellence in Conversational AI, customer experience, and multi-modal interactions. The report highlights trends in AI-driven self-service solutions, reflecting increasing consumer preferences for personalized engagements.
Verint Systems Inc. (NASDAQ: VRNT) will hold a conference call on September 7, 2022, at 4:30 p.m. ET to discuss its second-quarter financial results for the period ending July 31, 2022. An earnings press release will precede this call after market closure on the same day. Investors can access the live webcast and presentation slides via Verint's Investor Relations webpage. Forward-looking statements in the press release indicate potential risks and uncertainties that may affect future performance.
New research from Verint reveals that security concerns have overtaken low fees as primary factors in choosing banks. Consumers prioritize personal information security, fraud protection, and fraud alerts. The Verint Experience Index (VXI): Banking Report surveys over 5,000 consumers, showcasing their demand for improved in-branch services and financial wellness tools, especially for younger generations. The study highlights the need for better support in financial management amidst rising global inflation, emphasizing banks' obligation to adapt or risk losing customers.
Verint (NASDAQ: VRNT), known as The Customer Engagement Company™, announced that its Intelligent Virtual Assistant (IVA) has been recognized as a leader in the 2022 Decision Makers’ Guide to Enterprise Intelligent Assistants by Opus Research. This report assesses enterprise-grade Intelligent Assistant solutions, focusing on innovative technologies like AI and natural language processing. Verint's IVA ranked among the top three in the Best-in-Class Intelligent Assistant Platform category for product completeness and flexibility, highlighting its comprehensive and scalable solution for customer engagement and support.
Verint (Nasdaq: VRNT) has launched a new integration of its Engagement Data Management (EDM) platform with Zoom Meetings and Zoom Phone. This integration enables businesses to consolidate recorded interaction data with customer feedback from multiple channels, enhancing operational efficiency and reducing costs. The Verint EDM aims to bridge gaps in interaction data, offering a comprehensive analysis of customer engagements and aiding in compliance. Analysts highlight the challenge organizations face in utilizing interaction data effectively, emphasizing the need for a holistic view of customer relationships.