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Verint Systems $VRNT surges after exceeding quarterly earnings, fueled by robust demand for AI-powered solutions and accelerating ARR growth. #ITSNOTANOPTION @jonnajarian @petenajarian https://t.co/MHTMKmUThO
Verint Systems Stock Soars on Earnings. Artificial Intelligence Makes All the Difference. https://t.co/ljjUXBUmHT
$VRNT (+19.1% pre) Verint Systems shares surge as earnings beat estimates on AI demand https://t.co/tDzbGl63rb
Verint Systems reported first-quarter fiscal year 2026 earnings with revenue of $208 million and a net loss of $2.4 million. The company posted a non-GAAP diluted earnings per share of $0.29, surpassing analyst expectations. Annual recurring revenue (ARR) growth accelerated to 6% year-over-year, driven by a 24% increase in AI-related ARR, which now represents nearly 50% of total ARR. The strong performance was attributed to robust demand for Verint's AI-powered solutions, leading to a surge in the company's stock price by over 19% in pre-market trading.
