| Verint are slightly increasing the mid-point of its revenue outlook |
Verint Systems a global leader in Actionable Intelligence® solutions and value-added services, recently announced results for the three and nine months ended October 31, 2014.
“We are pleased with our strong third quarter results which reflect our focus on innovation and our expanding portfolio of actionable intelligence solutions for a smarter world. Our third quarter performance follows the strong execution we had in our first two quarters, and we believe we are well positioned to finish the year strong, and to sustain long-term growth,” said Dan Bodner, CEO and President.
Financial highlights
Below is selected unaudited financial information for the three and nine months ended October 31, 2014 prepared in accordance with generally accepted accounting principles (“GAAP”) and not in accordance with GAAP (“nonGAAP”)
Three Months Ended October 31, 2014 – GAAP
- Revenue: $282.6 million
- Operating Income: $24.4 million
- Diluted EPS: $0.17
Three Months Ended October 31, 2014 - Non-GAAP
- Revenue: $288.5 million
- Operating Income: $64.7 million
- Diluted EPS: $0.84
Nine Months Ended October 31, 2014 – GAAP
- Revenue: $816.8 million
- Operating Income: $36.8 million
- Diluted EPS: $0.45
Nine Months Ended October 31, 2014 - Non-GAAP
- Revenue: $842.6 million
- Operating Income: $174.3 million
- Diluted EPS: $2.28
- Financial Outlook
Below is Verint’s non-GAAP outlook for the year ending January 31, 2015.
- Verint are slightly increasing the mid-point of its revenue outlook, narrowing its revenue range to $1.140 billion to $1.165 billion.
- Verint’s guidance for diluted earnings per share is unchanged at a range of $3.35 to $3.50.
Below is Verint’s non-GAAP preliminary outlook for the year ending January 31, 2016.
- Verint are introducing a revenue range of $1.225 billion to $1.275 billion.
- Verint are introducing diluted earnings per share range of $3.65 to $3.85.