Verint Systems (Nasdaq: VRNT) reported earnings on March 28. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Jan. 31 (Q4), Verint Systems met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased and GAAP earnings per share expanded significantly.

Gross margins dropped, operating margins improved, net margins increased.

Revenue details
Verint Systems chalked up revenue of $212.0 million. The eight analysts polled by S&P Capital IQ hoped for net sales of $212.0 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $186.9 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at $0.75. The seven earnings estimates compiled by S&P Capital IQ predicted $0.66 per share on the same basis. GAAP EPS of $0.34 for Q4 were 36% higher than the prior-year quarter's $0.25 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 66.9%, 160 basis points worse than the prior-year quarter. Operating margin was 13.2%, 90 basis points better than the prior-year quarter. Net margin was 8.1%, 110 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $198.1 million. On the bottom line, the average EPS estimate is $0.51.

Next year's average estimate for revenue is $871.2 million. The average EPS estimate is $2.68.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Verint Systems is outperform, with an average price target of $37.50.

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