Transactions Slightly Accretive to FYE22 Earnings Per Share
MELVILLE, N.Y., April 12, 2021 – Verint® Systems Inc. (NASDAQ: VRNT) today, in connection with the completion of the previously announced investment from funds advised by Apax Partners, announced the completion of several enhancements to its capital structure (collectively “Capital Structure Transactions”).
MELVILLE, N.Y., April 7, 2021 – Verint® Systems Inc. (NASDAQ: VRNT) today announced that it has agreed to sell $275 million aggregate principal amount of its 0.25% convertible senior notes due 2026 (or up to $315 million in aggregate principal amount if the initial purchasers exercise their option to purchase additional notes in full) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933. The aggregate principal amount of the offering was increased from the previously announced offering size of $250 million (or $287.5 million if the initial purchasers exercise their option to purchase additional notes in full).
MELVILLE, N.Y., April 5, 2021 – Verint® Systems Inc. (NASDAQ: VRNT) today announced it expects the second tranche under the two tranche investment agreement with funds advised by Apax Partners (“Apax’) signed in December 2019 to close tomorrow, April 6, 2021, with a conversion price of $50.25. Following the closing, Apax will hold securities that are convertible into approximately 12.5% of Verint’s shares.
MELVILLE, N.Y., April 5, 2021 – Verint® Systems Inc. (NASDAQ: VRNT) today announced its intention, subject to market and other conditions, to commence an offering of $250 million aggregate principal amount of convertible senior notes due 2026 (or up to $287.5 million in aggregate principal amount if the initial purchasers exercise their option to purchase additional notes in full) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933.
MELVILLE, N.Y., March 31, 2021 – Verint® Systems Inc. (NASDAQ: VRNT), The Customer Engagement Company™, today announced results for the three months and year ended January 31. 2021 (FYE 2021), including both Customer Engagement and Cyber Intelligence.
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MELVILLE, N.Y., March 22, 2021 – Verint® (Nasdaq: VRNT), will conduct a conference call on Wednesday, March 31, 2021 at 4:30 p.m. ET to review its fourth quarter and full-year financial results (for the quarter and year ended January 31, 2021) and discuss its outlook. An earnings press release will be issued after the market closes on March 31st.
Customer Engagement Cloud Platform Connects Work, Data and Experiences Across the Enterprise
MELVILLE, N.Y., February 1, 2021 – Verint® Systems Inc. (NASDAQ: VRNT), the Customer Engagement Company™, today announced that it has completed the spin-off of Cognyte Software Ltd. The milestone marks the start of Verint’s journey as a pure-play customer engagement vendor with an exclusive focus and extensive resources – including over 4,500 professionals worldwide – dedicated to helping organizations provide Boundless Customer Engagement ™.
MELVILLE, N.Y., January 7, 2021 – Verint® Systems Inc. and Cognyte Software Ltd. will each be hosting virtual investor days and management roadshows in advance of the planned separation, which is on track to be completed shortly after the conclusion of Verint’s fiscal year ending January 31, 2021. The details of each event can be found below.
Strong Sequential Growth in Q3; Expect Strong Q4 and Resuming Guidance. Customer Engagement Cloud Momentum Expected to Continue in Q4 and Next Year. Separation Plan on Track; Announcing New Name for Cyber Intelligence Business – Cognyte Software Ltd. Virtual Investor Days to be Held in January Ahead of Separation to Review Strategies and Long-Term Targets.
MELVILLE, N.Y., December 9, 2020 – Verint® Systems Inc. (NASDAQ: VRNT), a global Actionable Intelligence® leader, today announced results for the three and nine months ended October 31, 2020 (FY2021).
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MELVILLE, N.Y., December 1, 2020 – Verint® Systems Inc. (NASDAQ: VRNT) will conduct a conference call on Wednesday, December 9, 2020 at 4:30 p.m. ET to review its third quarter financial results (for the quarter ended October 31, 2020) and discuss its outlook. An earnings press release will be issued after the market closes on December 9th.
Verint Systems Inc.
175 Broadhollow Rd, Ste 100
Melville, NY 11747
+1 (800) 483-7468
+1 (631) 962-9600
fax: +1 (631) 962-9300
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