Verint Announces Q1 FY2021 Results
Bookings Grew in Both Segments in February and March; Many On-Premises Deployments Delayed in April Due to COVID-19 Expect Improvement Sequentially in Q2 and Continuing in H2; Driven by On-Premises Deployments Coming Back and Cloud Growth Targeting Separation Shortly After Fiscal Year-End; Completed Apax Investment and Term Loan Amendment
MELVILLE, N.Y.
, —
Verint® Systems Inc. (NASDAQ: VRNT), a global Actionable Intelligence® leader, today announced results for the three months ended April 30, 2020 (FY2021).
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