MELVILLE, N.Y. (AP) — MELVILLE, N.Y. (AP) — Verint Systems Inc. (VRNT) on Wednesday reported fiscal fourth-quarter profit of $32.8 million.
On a per-share basis, the Melville, New York-based company said it had profit of 45 cents. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, came to 99 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.27 per share.
The maker of software for analyzing intercepted communications posted revenue of $253.5 million in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $276.9 million.
Verint expects full-year earnings to be $2.93 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VRNT at https://www.zacks.com/ap/VRNT
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