Verint reports Q1 adjusted EPS 29c, consensus 23c

Reports Q1 revenue $208M, consensus $194.22M. “I am pleased to start the year with a strong first quarter. In Q1, ARR growth accelerated to 6% year-over-year and both revenue and non-GAAP diluted EPS came in ahead of guidance. The combination of a strong first quarter and a growing pipeline for our AI-powered solutions gives us confidence that we are on track to achieve our annual targets and exit the year with 8% year-over-year ARR growth”, said Dan Bodner CEO and Chairman.