Verint Systems (Nasdaq: VRNT) reported earnings on Sep. 5. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended July 31 (Q2), Verint Systems beat expectations on revenues and beat expectations on earnings per share.

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

Gross margins were steady, operating margins shrank, net margins expanded.

Revenue details
Verint Systems reported revenue of $212.4 million. The eight analysts polled by S&P Capital IQ looked for a top line of $206.8 million on the same basis. GAAP reported sales were 9.0% higher than the prior-year quarter's $195.0 million.

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

EPS details
EPS came in at $0.58. The eight earnings estimates compiled by S&P Capital IQ predicted $0.51 per share. GAAP EPS of $0.22 for Q2 were 29% higher than the prior-year quarter's $0.17 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 65.9%, about the same as the prior-year quarter. Operating margin was 12.4%, 10 basis points worse than the prior-year quarter. Net margin was 5.9%, 50 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $222.1 million. On the bottom line, the average EPS estimate is $0.69.

Next year's average estimate for revenue is $867.7 million. The average EPS estimate is $2.53.

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 $37.92.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.