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Verint Systems (Verint Systems) Net Income : $38.6 Mil (TTM As of Jan. 2024)


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What is Verint Systems Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Verint Systems's Net Income for the three months ended in Jan. 2024 was $28.7 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was $38.6 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Verint Systems's Earnings per Share (Diluted) for the three months ended in Jan. 2024 was $0.37.


Verint Systems Net Income Historical Data

The historical data trend for Verint Systems's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Verint Systems Net Income Chart

Verint Systems Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.68 -7.27 14.41 14.90 38.61

Verint Systems Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.95 3.30 -6.00 12.61 28.70

Verint Systems Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Verint Systems's Net Income for the fiscal year that ended in Jan. 2024 is calculated as

Net Income(A: Jan. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=61.272+-21.638+0+-1.024
=38.6

Verint Systems's Net Income for the quarter that ended in Jan. 2024 is calculated as

Net Income(Q: Jan. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=35.789+-6.866+0+-0.22
=28.7

Net Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $38.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Verint Systems  (NAS:VRNT) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Verint Systems's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Verint Systems Net Income Related Terms

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Verint Systems (Verint Systems) Business Description

Traded in Other Exchanges
Address
175 Broadhollow Road, Suite 100, Melville, NY, USA, 11747
Verint Systems Inc with its subsidiaries helps brands provide Boundless Customer Engagement. The company's solutions help iconic brands close the gap created when it lacks the resources required to deliver experiences that fulfill customer expectations. The operating business segments are Customer Engagement. Geographically, it derives a majority of its revenue from the United States.
Executives
Grant A Highlander officer: Chief Financial Officer C/O VERINT SYSTEMS INC., 175 BROADHOLLOW ROAD, SUITE 100, MELVILLE NY 11747
William Kurtz director NOVELLUS SYSTEMS, INC., 4000 NORTH FIRST STREET, SAN JOSE CA 95134
Elan Moriah officer: President, Contact Center Div.
Dan Bodner director, officer: President & CEO Verint Systems
Peter Fante officer: General Counsel
Richard N Nottenburg director 1303 EAST ALGONQUIN ROAD, SCHAUMBURG IL 60196
Yvette H Smith director 175 BROADHOLLOW ROAD, MELVILLE NY 11747
Douglas Robinson officer: Chief Financial Officer C/O VERINT SYSTEMS INC., 330 SOUTH SERVICE ROAD, MELVILLE NY 11747
John R Egan director 176 SOUTH ST., HOPKINTON MA 01748
Kristen Robinson director 2101 WEBSTER STREET #1650, OAKLAND CA 94612
French R Reid Jr director C/O INTERGRAPH CORP, 288 DUNLOP BLVD, HUNTSVILLE AL 35824
Linda M. Crawford director 3365 CLAY STREET, SAN FRANCISCO CA 94118
Apax Guernsey (holdco) Pcc Ltd 10 percent owner THIRD FLOOR, ROYAL BANK PLACE, 1 GLATEGNY ESPLANADE, ST. PETER PORT, GUERNSEY X0 GY1 2HJ
Valor Buyer Lp 10 percent owner C/O APAX PARTNERS, LP, 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022
Apax X Gp Co. Ltd 10 percent owner THIRD FLOOR, ROYAL BANK PLACE, 1 GLATEGNY ESPLANADE, ST. PETER PORT Y7 GY1 2HJ