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.
_____
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
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Associated Press
an hour ago
- Associated Press
Five cheetah cubs born at Saint Louis Zoo
The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world's population sees AP journalism every day.
Yahoo
an hour ago
- Yahoo
GlobalFoundries to Spend $16 Billion on US Production
Chipmaker GlobalFoundries plans to spend $16 billion to bolster production in New York and Vermont. GlobalFoundries CEO Tim Breen joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
an hour ago
- Business Wire
Allvue Systems Announces White Oak Management S.A. Is Live on Fund Administration Essentials Platform
NEW YORK--(BUSINESS WIRE)--Allvue Systems, a leading provider of cloud-based technology for investment managers and fund administrators, today announced that Luxembourg-based White Oak Management S.A. has officially gone live on Allvue's Fund Administration platform. White Oak Management selected Allvue to power its fund administration offering, enabling the firm to deliver streamlined operations, automated workflows, and superior reporting capabilities to its customers. As White Oak Management expands its footprint in Luxembourg's financial services landscape, Allvue's integrated, cloud-native platform provides the scalability and efficiency needed to meet the evolving demands of the alternatives markets. 'We chose Allvue because we needed more than just software — we needed a long-term technology partner with the ability to support our growing business in the region,' said Gabor Mocskonyi, Managing Director of White Oak Management. 'Allvue's robust reporting capabilities, operational flexibility, and seamless investor experience enables us to provide the level of service our clients expect as we scale.' 'White Oak Management is exactly the kind of partner we built Fund Administration Essentials for — a forward-thinking firm focused on delivering premium client service with operational excellence,' said James DiCostanzo, Head of the Fund Administration line of business at Allvue Systems. 'We're especially proud to support their growth in the Luxembourg region, where demand is rising for next-generation fund servicing capabilities.' The deployment also underscores Allvue's ability to support Transfer Agent operations — a critical pillar in fund administration. Allvue's capabilities empower firms like White Oak Management to manage investor information, account maintenance, and ongoing due diligence. The platform also supports capabilities related to transaction administration, as well as fund accounting, and investor relations. With Allvue, administrators can deliver a seamless and compliant investor experience, from onboarding to reporting. Allvue's Fund Administration platform is designed to help fund administrators scale to meet modern challenges through: Powerful fund accounting and general ledger tools Collaborative client portals and reporting dashboards Investment and investor management tools to meet Transfer Agent responsibilities Industry leading reporting capabilities A modern, API-first architecture for integration and growth 'This successful deployment further reinforces Allvue's commitment to supporting administrators across Europe with purpose-built solutions that accelerate growth, reduce operational risk, and elevate the investor experience,' said Iryan Clunis, Head of EMEA at Allvue Systems. To learn more visit About Allvue Systems Allvue is headquartered in Miami with locations globally throughout North America, Europe and India. Allvue is a recognized leader of cloud-based technology, AI, data, and services solutions for alternative investment managers in the private capital markets. Our integrated suite of software empowers firms of all sizes—including private equity managers, private debt managers, public credit managers, fund administrators, and banks —to streamline operations, enhance data accuracy, and drive superior investment decisions. Allvue has made deep investments in AI research and development as part of its commitment to innovation, which will enable clients to optimize workflows, automate processes, and gain deeper analytical insights across the entire investment lifecycle. White Oak Management S.A. is a Luxembourg-based firm offering bespoke family office, corporate, and administrative services. Founded with a client-centric philosophy, the firm is known for its rigorous service quality, regulatory compliance, and long-standing client relationships. Learn more at
