NASDAQ$VRNT
Verint Systems Inc. · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Announced strong Q2 FY2021 results with sequential growth and cloud momentum.
Verint Systems Inc. reported a solid Q2 with strong sequential revenue growth, year-over-year operating income growth, and cash from operations growth. The cloud business accelerated, and the on-premises business began to recover from the initial impact of COVID-19.
- Revenue for the three months ended July 31, 2020 was $309 million on a GAAP basis and $313 million on a non-GAAP basis.
- Diluted EPS was $0.09 on a GAAP basis, and $1.06 on a non-GAAP basis.
- New SaaS ACV was up 65% year-over-year.
- The company is on track to complete the separation shortly after fiscal year-end.
Headline financials
Revenue & EPS history
Verint · Revenue · Quarterly
$313M
Revenue by segment
Verint · $161M total across 1 segment · Q3 2024
- Recurring Revenue$161M-7.5%100.0%
Forward guidance
The company expects non-GAAP revenue to improve sequentially both in Q3 and Q4 and adjusted EBITDA for the year to be similar to last year.
Tailwinds
- Non-GAAP revenue is expected to improve sequentially in Q3.
- Non-GAAP revenue is expected to improve sequentially in Q4.
- Adjusted EBITDA for the year is expected to be similar to last year.
- The company expects to make its initial confidential submission to the SEC later this month.
- Strong cloud momentum is expected to continue.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 3 quarterly earnings reports
+1.2%
Avg return
Earnings day
-4.3%
Avg return
5 days after
+0.4%
Avg return
30 days after
59%
37 / 63 earnings
Positive
+31.6%
Q3 2025
Best reaction
-20.0%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | — | — | — | |
| Q2 2026 | +0.3% | -0.1% | -0.4% | |
| Q1 2026 | +2.5% | +4.8% | +17.1% | |
| Q4 2025 | -13.4% | -17.5% | -15.6% | |
| Q3 2025 | +31.6% | — | — | |
| Q2 2025 | -12.1% | — | — | |
| Q1 2025 | +21.8% | — | — | |
| Q4 2024 | +7.1% | — | — | |
| Q3 2024 | +17.9% | — | — | |
| Q2 2024 | -20.0% | — | — | |
| Q1 2024 | +0.3% | — | — | |
| Q4 2023 | -3.0% | — | — | |
| Q3 2023 | +0.6% | — | — | |
| Q2 2023 | -7.5% | — | — | |
| Q1 2023 | -4.5% | — | — | |
| Q4 2022 | +1.3% | — | — | |
| Q3 2022 | +2.5% | — | — | |
| Q2 2022 | -2.9% | — | — | |
| Q1 2022 | -2.2% | — | — | |
| Q4 2021 | +1.4% | — | — | |
| Q3 2021 | +5.2% | — | — | |
| Q2 2021 | +7.6% | — | — | |
| Q1 2021 | -11.8% | — | — | |
| Q4 2020 | -14.6% | — | — | |
| Q3 2020 | +7.4% | — | — | |
| Q2 2020 | -12.3% | — | — | |
| Q1 2020 | -1.1% | — | — | |
| Q4 2019 | +13.9% | — | — | |
| Q3 2019 | +3.9% | — | — | |
| Q2 2019 | +7.4% | — | — | |
| Q1 2019 | +0.2% | — | — | |
| Q4 2018 | +13.1% | — | — | |
| Q3 2018 | -6.6% | — | — | |
| Q2 2018 | +2.4% | — | — | |
| Q1 2018 | +1.9% | — | — | |
| Q4 2017 | +8.8% | — | — | |
| Q3 2017 | -9.8% | — | — | |
| Q2 2017 | +8.4% | — | — | |
| Q1 2017 | +7.4% | — | — | |
| Q4 2016 | -3.9% | — | — | |
| Q3 2016 | -14.7% | — | — | |
| Q2 2016 | -6.3% | — | — | |
| Q1 2016 | -2.1% | — | — | |
| Q4 2015 | +5.0% | — | — | |
| Q3 2015 | -1.7% | — | — | |
| Q2 2015 | +7.5% | — | — | |
| Q1 2015 | +10.4% | — | — | |
| Q4 2014 | +8.1% | — | — | |
| Q3 2014 | +0.6% | — | — | |
| Q2 2014 | +8.9% | — | — | |
| Q1 2014 | +2.1% | — | — | |
| Q4 2013 | +4.3% | — | — | |
| Q3 2013 | -1.0% | — | — | |
| Q2 2013 | +2.7% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q1 2013 | +1.7% | — | — | |
| Q4 2010 | -3.3% | — | — | |
| Q1 2011 | -3.3% | — | — | |
| Q4 2012 | -3.3% | — | — | |
| Q3 2011 | +3.5% | — | — | |
| Q3 2012 | +3.5% | — | — | |
| Q2 2012 | -0.0% | — | — | |
| Q2 2011 | -0.0% | — | — | |
| Q4 2011 | -0.0% | — | — |
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