Verint Systems Inc is a global leader in providing innovative solutions for customer engagement, security intelligence, and data analytics
The company specializes in helping organizations enhance customer experiences through advanced technology, including workforce optimization and real-time interaction analytics. Additionally, Verint offers security solutions that focus on video surveillance, situational awareness, and cybersecurity to protect people and assets. By leveraging artificial intelligence and machine learning, Verint enables businesses to gain deep insights and drive operational efficiencies across various sectors, including government, financial services, retail, and telecommunications.
Verint noted that ASC 606, a set of accounting rules governing how a company recognizes revenue from customer contracts, impacted its top- and bottom-line results.
At the Investor Day held in mid-January, the company said it has transitioned to a subscription model, with 80% of the revenue for the year coming from subscription offerings.
Consider VERINT SYSTEMS INC as a top value stock. NASDAQ:VRNT shines in terms of profitability, solvency, and liquidity, all while remaining very reasonably priced.
