Verint Systems Inc
- Verint Systems Inc. was unchanged at $20.36 after the customer experience automation platform’s net income swung to a loss in the latest quarter ending on July 31.
Consolidated revenue in the quarter inched down to $208 million from $210 million, net income swung to a loss of $1.69 million from a profit of $5.53 million, and diluted income per share swung to a loss of 9 cents from a profit of 2 cents a year ago.
Thoma Bravo announced a $2 billion all-cash acquisition of Verint on August 24, 2025. Shareholders will receive $20.50 per share, representing an 18% premium to the stock’s 10-day average price before reports of a potential sale.
The deal, unanimously approved by Verint’s board, is expected to close by the end of the current fiscal year, subject to shareholder and regulatory approvals.
After completion, Verint will become privately held, and its stock will be delisted.
Sep 8, 2025
If you want to see the full data, please log in to your account. Logging in gives you complete access to all available information, features, and detailed insights that are not visible to guest users.