Verint Introduces Three-Year Customer Engagement Financial Targets and Reviews its Cloud and Automation Strategy
May 21 2019 - 8:42AM
Business Wire
Innovation Strategy and New Disclosures to be Reviewed in
Webcast Today at 4:30pm ET
Verint Provides Details for Call to Review First Quarter
Results on May 29th at 4:30pm ET
Verint® Systems Inc. (NASDAQ: VRNT) published on its website
presentation slides that discuss its cloud and automation strategy
and provide three-year customer engagement financial targets. The
new disclosures were made in connection with Verint’s Sell-Side
Analyst Day, taking place at the company’s annual Customer
Engagement user conference in Orlando, Florida. Verint’s automation
and cloud strategy and new disclosures will be discussed during a
webcast taking place today at 4:30pm ET. Verint is also providing
details for its conference call to discuss first quarter results on
May 29th at 4:30pm ET.
“Our cloud and automation strategy is clearly differentiating
Verint and contributing to our strong momentum. To help investors
understand how our financial model will evolve over time as we
continue our cloud transition, we are providing new long-term
financial metrics. These metrics include three-year targets for
revenue, cloud and recurring revenue and margins. We look forward
to discussing our growth strategy and long-term targets both during
today’s webcast and during our first quarter conference call next
week,” said Dan Bodner, Verint’s CEO.
Details for Today’s Cloud and
Automation Strategy Webcast
Today, May 21st at 4:30pm ET, Verint management will review the
company’s customer engagement cloud and automation growth strategy
and review its new disclosures, including three-year customer
engagement financial targets. The webcast, including slides, will
be available live, and as a replay, on Verint’s Investor Relations
webcast page. Participants may also use the following dial-in
information to access the live call: (844) 309-0615 (United States
and Canada) and (661) 378-9462 (International) and passcode
2974308.
Details for Call to Review Q1 Results
on May 29th
Verint will conduct a conference call on Wednesday, May 29, 2019
at 4:30 p.m. ET to review its first quarter financial results (for
the quarter ended April 30, 2019) and discuss its outlook. An
earnings press release will be issued after the market closes on
May 29th.
A real-time webcast of the conference call with presentation
slides will be available on Verint’s Investor Relations webcast
page. The conference call can also be accessed live, and as a
replay, via telephone at (844) 309-0615 (United States and Canada)
and (661) 378-9462 (International). The passcode is 8290147. Please
dial in 5-10 minutes prior to the scheduled start time.
About Verint Systems Inc.
Verint® (Nasdaq: VRNT) is a global leader in Actionable
Intelligence® solutions with a focus on customer engagement
optimization and cyber intelligence. Today, over 10,000
organizations in more than 180 countries—including over
85 percent of the Fortune 100—count on intelligence from
Verint solutions to make more informed, effective and timely
decisions. Learn more about how we’re creating A Smarter World with
Actionable Intelligence® at www.verint.com.
This press release contains “forward-looking statements,”
including statements regarding expectations, predictions, views,
opportunities, plans, strategies, beliefs, and statements of
similar effect relating to Verint Systems Inc. These
forward-looking statements are not guarantees of future performance
and they are based on management's expectations that involve a
number of risks, uncertainties and assumptions, any of which could
cause actual results to differ materially from those expressed in
or implied by the forward-looking statements. For a detailed
discussion of these risk factors, see our Annual Report on Form
10-K for the fiscal year ended January 31, 2019, and other filings
we make with the SEC. The forward-looking statements contained in
this press release are made as of the date of this press release
and, except as required by law, Verint assumes no obligation to
update or revise them or to provide reasons why actual results may
differ.
VERINT, ACTIONABLE INTELLIGENCE, THE CUSTOMER ENGAGEMENT
COMPANY, NEXT IT, FORESEE, OPINIONLAB, KIRAN ANALYTICS, TERROGENCE,
SENSECY, CUSTOMER ENGAGEMENT SOLUTIONS, CYBER INTELLIGENCE
SOLUTIONS, EDGEVR, RELIANT, VANTAGE, STAR-GATE, SUNTECH, and VIGIA
are trademarks or registered trademarks of Verint Systems Inc. or
its subsidiaries. Other trademarks mentioned are the property of
their respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20190521005544/en/
Investor Relations
Contact:Alan RodenVerint Systems Inc.(631)
962-9304alan.roden@verint.com
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