Welcome to our dedicated page for Verint Sys news (Ticker: VRNT), a resource for investors and traders seeking the latest updates and insights on Verint Sys stock.
This page provides a dedicated feed of news and press releases related to Verint Systems Inc. (formerly NASDAQ: VRNT), historically known as Verint, The CX Automation Company. Verint’s announcements focus on its role in Customer Experience (CX) Automation, its AI-powered Verint Open Platform and its relationships with major enterprise customers, including more than 80 of the Fortune 100 companies.
Readers can use this news stream to follow how Verint positions its CX Automation capabilities, AI-powered bots and open platform in the market. Company press releases highlight topics such as customer awards for CX Automation outcomes, recognition from independent analysts and review platforms, workplace culture achievements and strategic partnerships that extend Verint’s reach in contact center and workforce management environments.
Typical news items include Verint’s recognition in buyers guides for APAC contact centre CX platforms with AI, TrustRadius Buyer’s Choice awards for Verint CX Automation and Verint WFM, and Great Place To Work certifications across multiple countries. Other releases cover events such as the Verint Engage conference and EMEA Inspire Awards, where organizations using Verint solutions are recognized for measurable AI business outcomes in areas like augmented workforce, AI and analytics, self-service, regulatory compliance and digital-first engagement.
This archive also captures material corporate developments, including Verint’s agreement to be acquired by Thoma Bravo and the subsequent merger in which Verint became a wholly owned subsidiary of Calabrio, Inc., leading to the delisting of VRNT from the Nasdaq Global Select Market. Investors and researchers can review these historical announcements to understand Verint’s strategic direction, CX Automation narrative and the context around its transition from a public company to part of a private, portfolio-backed group.
Verint Systems Inc. (NASDAQ: VRNT) reported strong financial results for Q3 and year-to-date, with revenue of $328 million and diluted EPS of $1.02 (non-GAAP). For the nine months ending October 31, 2020, revenue reached $925 million and diluted EPS was $2.61. The company emphasized robust cash flow, cloud transition acceleration, and a significant increase in cloud revenue, expected to grow by 20%. Verint is on track for the separation of its businesses into Verint and Cognyte, with investor days planned for January 2021.
Verint Systems Inc. (Nasdaq: VRNT) has announced the integration of its Cloud Branch Workforce Management solution with TimeTrade Scheduler. This combined effort aims to enhance online appointment scheduling in retail banking, allowing customers to book appointments easily while enabling branch managers to manage staffing efficiently. The integration aims to increase productivity and improve customer experience by streamlining scheduling workflows. Verint's solutions focus on customer engagement optimization, benefiting over 10,000 organizations globally.
Verint Systems Inc. (NASDAQ: VRNT) will host a conference call on December 9, 2020, at 4:30 p.m. ET to discuss its third-quarter financial results for the period ending October 31, 2020. An earnings press release will be released post-market close on the same day. Investors can access the call via a live webcast or by telephone, with specific dialing instructions provided. Verint is recognized for its Actionable Intelligence solutions, serving over 10,000 organizations globally, including a significant portion of Fortune 100 companies.
Verint Systems Inc. (Nasdaq: VRNT) has launched Digital Behavior Analytics as part of its Experience Cloud solution, enhancing the analysis of digital customer interactions. This innovation allows organizations to track millions of customer actions across digital platforms, significantly improving their ability to identify and resolve issues. With these insights, companies can streamline customer experience strategies and enhance key performance indicators (KPIs) such as loyalty and conversion rates. This development underscores Verint's commitment to optimizing customer engagement.
Verint Systems Inc. (Nasdaq: VRNT) announced a December speaker line-up aimed at helping companies leverage artificial intelligence for digital transformation. Notable events include the MSDO Fall Speakers Series on December 1, focusing on digital transformation during COVID-19, and the DestinationCRM conference on December 2, discussing contact center innovations. Verint executives will also participate in the Virtual AI Summit NY on December 9-10, covering AI success and customer experience engagement.
Verint Systems Inc. (Nasdaq: VRNT) announced a strategic partnership with Newsela to enhance collaboration among educators nationwide. The Verint Community solution, launched in August, has attracted 22,000 members with 1,500 weekly sign-ups. Newsela offers tailored educational content for K-12 classrooms, supporting over 2.5 million teachers and 37 million students. The platform provides an interactive space for educators to share resources and best practices, addressing challenges posed by distance learning during the pandemic.
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Verint Systems Inc. (Nasdaq: VRNT) announced its November speaker line-up, focusing on workforce management and leveraging AI and knowledge management to enhance customer experience. Key events include the Flex Scheduling and Micro Scheduling virtual conference on November 2 and a webinar on Delivering Support, Resilience, Agility for the Hybrid Workforce on November 4. The Engage20 EMEA conference will take place from November 24-26, providing insights on optimizing customer engagement. Verint underscores its commitment to enhancing service standards amid shifting customer expectations.
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Verint Systems Inc. (Nasdaq: VRNT) has expanded its partnership with Avaya, integrating Verint Knowledge Management with Avaya OneCloud CCaaS. This collaboration enhances employee productivity by providing zero-click knowledge access, enabling personalized customer interactions. The AI-infused search technology offers enterprises a rapid cloud deployment, leading to improved customer and employee experiences. This partnership has been ongoing for over 15 years, now targeting SaaS solutions for enterprises and SMBs, showcasing Verint's commitment to enhancing customer engagement in the cloud.
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