Verint Systems announced results for the three months ended April 30, 2013.
“We are pleased with our first quarter results which overall were in line with our expectations. We believe we are well positioned for another year of growth with our broad portfolio of innovative analytical solutions and strong competitive position in the enterprise and security intelligence markets,” said Dan Bodner, CEO and President.
Financial Highlights
Below is selected unaudited financial information for the three months ended April 30, 2013 prepared in accordance with generally accepted accounting principles (“GAAP”) and not in accordance with GAAP (“non-GAAP”).
Three Months Ended April 30, 2013 – GAAP
- Revenue: $204.8 million
- Operating Income: $13.7 million
- Diluted EPS: ($0.18)
Three Months Ended April 30, 2013 – Non-GAAP
- Revenue: $205.4 million
- Operating Income: $36.7 million
- Diluted EPS: $0.44
Financial Outlook
Below is Verint's non-GAAP outlook for the year ending January 31, 2014.
- We expect revenue to increase between 6% and 7% compared to the year ended January 31, 2013
- We expect fully diluted earnings per share in the range of $2.75 plus or minus 5 cents