Why Artificial Intelligence Stock Verint Systems Dived by 11% on Thursday

Next-generation customer experience specialist Verint Systems (NASDAQ: VRNT) wasn't feeling like the future on Thursday. The company published an earnings report that displeased investors, who pushed its share price down by more than 11% during the trading session. That was a notably steeper decline than the relatively light 0.3% dip of the S&P 500 index on the day.Verint published said results from its second quarter of fiscal 2025 just after market hours on Thursday. The figures reveal that the company's headline revenue was essentially flat on a year-over-year basis, at $210 million. In a more encouraging development, non-GAAP (adjusted) net income climbed to nearly $35.6 million, or $0.49 per share, from the year-ago profit of just under $31 million. Both line items landed under the consensus analyst estimates. On average, pundits tracking the stock were expecting nearly $213 million on the top line and $0.53 per share for adjusted net income. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool