- Verint Systems press release ( NASDAQ: VRNT ): Q2 Non-GAAP EPS of $0.56 beats by $0.03 .
- Revenue of $222.9M (+3.9% Y/Y) misses by $3.08M .
- New PLE Bookings growth was 10% reported, 12% constant currency
- Favorable Mix Shift: 65% of New PLE bookings came from SaaS (up from 53% in Q2 of the prior year)
- FY 2023 Guidance: The company has adjusted its annual guidance to reflect FX changes in H1 and recent rates for the second half of the year.
- Revenue is now expected at the midpoint of $920 million +/- 2%, reflecting 7% year-over-year growth on a constant currency basis, vs. prior guidance of $940 million, vs. consensus of $942.32 million.
- Cloud Revenue Growth: 32% to 34% year-over-year on a constant currency basis
- Diluted EPS: $2.50 at the midpoint of company's revenue guidance, reflecting 10% year-over-year growth, vs. consensus of $2.51.
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Verint Systems Non-GAAP EPS of $0.56 beats by $0.03, revenue of $222.9M misses by $3.08M