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Why is Verint Systems Inc (VRNT) Stock down?
We've noticed a 11.15% decline in Verint Systems Inc (VRNT) stock during the 2024-09-05 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
07 Sep, 2023:
Verint Systems Inc. (VRNT) experienced a notable 19.44% decline, with its shares falling to $24.87 in the aftermath of disappointing quarterly results. Verint's quarterly revenue dropped 6% to $210.2 million, missing expectations, but its software-as-a-service revenue grew by 10%. Prolonged sales cycles led to a reduced full-year revenue outlook of $910 million, causing a 19.44% stock price decline.
https://www.fool.com/investing/2023/09/07/why-verint-systems-stock-dropped-today/
1.09%
0.43%
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