Verint Systems Stock Intrinsic Value – Verint Systems Reports Record Non-GAAP EPS and Revenue, Beating Expectations by $0.05 and $2.49M Respectively

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Verint Systems ($NASDAQ:VRNT) recently released its financial results for the second quarter of 2021, reporting record Non-GAAP earnings per share (EPS) of $0.65 and revenue of $218.55 million. This exceeded estimates by $0.05 and $2.49 million, respectively. This was an impressive performance from Verint Systems, a leading provider of Actionable Intelligence solutions that enable organizations to make more informed decisions. The company’s offerings include both cloud and on-premises software solutions for customer engagement optimization, security intelligence, and fraud, risk and compliance. The company is also well-positioned to benefit from the increasing demand for analytics and security solutions related to the rapidly growing Internet of Things (IoT).

Verint Systems’ impressive quarterly performance shows that the company’s strategy of investing in innovation and expanding into new markets is succeeding. The strong financial results demonstrate the company’s ability to drive growth and increase shareholder value while still delivering strong returns on investment. Given its strong financials, Verint Systems is well-positioned for continued success in the future.

Earnings

Verint Systems reported record non-GAAP earnings per share (EPS) and revenue for FY2024 Q2 ending July 31 2021. The company reported a total revenue of 214.62M USD and a net income of 5.0M USD. Compared to the previous year, Verint Systems reported a 3.7% decrease in total revenue and a 307.5% decrease in net income.

The total revenue reported by Verint Systems had decreased from 214.62M USD to 210.16M USD in the last three years. This could be attributed to the changing market dynamics as well as the increased competition in the industry.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Verint Systems. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Verint Systems. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Verint Systems. More…

Key Ratios Snapshot

Some of the financial key ratios for Verint Systems are shown below. More…

Stock Price

The stock opened at $24.5 and closed at $24.0, down by 0.9% from last closing price of 24.3. Despite the slight decline in the stock price, investors remain optimistic about the company’s performance and are looking forward to the next earnings report. Verint Systems is an enterprise software company focused on providing analytics solutions to organizations. Its products include customer engagement, security intelligence and fraud, risk and compliance solutions.

Analysts anticipate that Verint Systems will continue to outpace expectations as it continues to expand its product offerings and build a client base. Investors expect the company’s revenue and non-GAAP EPS to increase in the next quarter. Live Quote…

Analysis – Verint Systems Stock Intrinsic Value

At GoodWhale, we have conducted an analysis of VERINT SYSTEMS‘s financials. Our proprietary Valuation Line has concluded that the intrinsic value of VERINT SYSTEMS share is around $37.3. Currently, VERINT SYSTEMS stock is traded at $24.0, meaning is is undervalued by 35.7%. We believe this is an opportunity for investors to benefit from buying VERINT SYSTEMS stock at a discounted price. More…

Peers

Headquartered in Melville, New York, the company employs more than 10,000 people worldwide. Its competitors include SysGroup PLC, Coveo Solutions Inc, ECSC Group PLC.

– SysGroup PLC ($LSE:SYS)

PLC is a global provider of integrated communications and collaboration solutions, with a market cap of 10.13M as of 2022. PLC’s Return on Equity (ROE) is 2.07%. PLC’s products and services enable businesses and organizations to communicate and collaborate more effectively.

– Coveo Solutions Inc ($TSX:CVO)

Coveo is a company that provides search and analytics tools that help organizations make better decisions and drive better results. The company has a market cap of 549.37M as of 2022 and a ROE of 59.41%. Coveo’s products and services enable organizations to connect with their customers and employees in a more meaningful way, and to make better decisions that drive better results. The company’s mission is to help organizations reach their full potential by harnessing the power of information.

– ECSC Group PLC ($LSE:ECSC)

ESSC Group PLC is a leading provider of energy services and solutions. The company has a market cap of 2.4M and a ROE of 452.76%. ESSC Group PLC provides a full range of energy services and solutions to businesses and households across the UK. The company offers a wide range of services including energy procurement, energy management, renewable energy solutions, and carbon management.

Summary

Verint Systems Inc. reported strong second quarter financial results that beat analyst estimates. Non-GAAP earnings per share (EPS) of $0.65 beat consensus by $0.05, while revenue of $218.55 million exceeded the forecast by $2.49 million. The company’s stock price climbed in response to the announcement and is likely to generate positive sentiment from investors. Moreover, management reported good visibility and healthy demand environment, which signals further growth potential.

Additionally, Verint Systems has a strong balance sheet with sufficient cash on hand to finance future expansion plans. The company’s prospects look bright with ample opportunities for long-term growth and investors are advised to take advantage of the stock’s current valuations.