David Hernandez
Long/short equity, medium-term horizon, growth at reasonable price, ETF investing

Cyber Security Industry Helping Verint Grow

Verint Systems Inc. (NASDAQ:VRNT) is a provider of software designed for workforce optimization, security and customer service. Verint has steadily grown over the last few years. Since fiscal 2010, revenue has grown at a CAGR of 6.6%. Over the last year and half, management has been able to improve the company's growth rate. Revenue grew 8.1% in 2014 and is expected to grow 20% in 2015. The company's high 20% growth has been aided by the recent acquisition of KANA. However on the Q1 2015 conference call, management explained revenue growth was 11% y/y excluding KANA. Management has successfully generated organic double digit growth. This double digit growth has been achieved while increasing profitability.

From 2010-2014, profit...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details