Verint Systems Non-GAAP EPS of $0.65 beats by $0.05, revenue of $218.55M beats by $2.49M

• Verint Systems press release (NASDAQ:VRNT): Q3 Non-GAAP EPS of $0.65 beats by $0.05.
• Revenue of $218.55M (-2.9% Y/Y) beats by $2.49M.
• SaaS ARR up 11% Year-Over-Year Driven by Solid Bookings and Renewals
• Positive Leading Indicators with Significant Increase in Customer AI Adoption and SaaS Pipeline up More than 20% year-over-year
• Expect to Finish the Year Strong with 11% Non-GAAP Revenue Growth in the Fourth Quarter
• Investor Day to Be Held December 13^th Focused on Verint’s AI Differentiation and Long-Term Trends.
• 2024 Outlook: Revenue: $910 million +/- 2%
• SaaS Revenue: 15% year-over-year growth
• Diluted EPS: $2.65 at the midpoint of our revenue guidance, reflecting 5% year-over-year growth.
• Shares +10.28%.

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