Verint: Fiscal Q1 Earnings Snapshot

MELVILLE, N.Y. (AP) — MELVILLE, N.Y. (AP) — Verint Systems Inc. (VRNT) on Wednesday reported earnings of $1.6 million in its fiscal first quarter.

The Melville, New York-based company said it had net loss of 4 cents per share. Earnings, adjusted for one-time gains and costs, came to 29 cents per share.

The maker of software for analyzing intercepted communications posted revenue of $208.1 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $195 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VRNT at https://www.zacks.com/ap/VRNT

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