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Security intelligence solutions provider, Verint announces Q1/2015 financial results

Published on 3 June, 2015
Verint is holding an investor day on June 9, 2015 in Las Vegas
Customer Engagement Optimization and Security Intelligence support Verint’s long-term growth and market leadership during Q1

Verint® Systems Inc., a global leader in Actionable Intelligence® solutions and value-added services, recently announced results for the three months ended April 30, 2015

“Following typical Q1 seasonality, we expect strong sequential revenue growth in Q2 and are targeting double digit revenue growth for the year on a constant currency basis. We are excited about our strong innovation in Customer Engagement Optimization and Security Intelligence during Q1 which supports our long-term growth and market leadership," said Dan Bodner, CEO and President.

Financial highlights

Below is selected unaudited financial information for the three months ended April 30, 2015 prepared in accordance with generally accepted accounting principles (“GAAP”) and not in accordance with GAAP (“non - GAAP”).

Three months ended april 30, 2015 – GAAP

  • Revenue: $269.5 million
  • Operating income: $9.6 million
  • Diluted net loss per share: $(0.01)

 Three months ended april 30, 2015 – Non-GAAP

  • Revenue: $270.4 million
  • Operating income: $51.3 million
  • Diluted net income per share: $0.66

Financial outlook

For the year ending January 31, 2016, the company is maintaining its non-GAAP revenue guidance range of $1.20 billion to $ 1.25 billion and non-GAAP diluted earnings per share guidance range of $3.55 to $3.75.

Verint investor day

As previously announced, Verint is holding an investor day on June 9, 2015 in Las Vegas. The event will take place from 10:30 a.m. - 5:00 p.m. PT a t the Paris Hotel, the same venue as the company’s Engage™ enterprise global customer conference. Verint Investor Day will feature presentations from the company’s management team, discussions with Verint enterprise customers, and demonstrations of the company’s solutions, including its next-generation cyber threat protection solution.

Conference call information

Verint will conduct a conference call today at 4:30 p.m. ET to discuss our results for the three months ended April 30, 2015 and outlook for the year ending January 31, 2016. An online, real - time webcast of the conference call will be available on our website at www.verint.com. The conference call can also be accessed live via telephone at 1-800-706-7745 (United States and Canada) and 1-617-614-3472 (international) and the passcode is 15288711. Please dial in 5 - 10 minutes prior to the scheduled start time.


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