Verint Systems Inc. has released its second quarter results for the fiscal year ending 2026, reporting a revenue of $208 million. The company's AI Annual Recurring Revenue $(ARR)$ saw a substantial year-over-year increase of 21.2%, reaching $372 million. Meanwhile, the Subscription ARR also grew by 6.4% year-over-year, totaling $728 million. Verint reported a net loss per share of $0.09, whereas the non-GAAP diluted EPS stood at $0.33. In an important business development, Verint has announced it will be acquired by Thoma Bravo, a leading software investment firm, in an all-cash deal valued at $2 billion. This acquisition is expected to close before the end of Verint's current fiscal year, pending customary closing conditions. Upon completion, Verint's common stock will no longer be listed on any public stock exchange.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verint Systems Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250902669493) on September 02, 2025, and is solely responsible for the information contained therein.
Comments