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

The 10-second takeaway
For the quarter ended Oct. 31 (Q3), Verint Systems missed estimates on revenues and beat slightly on earnings per share.

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

Gross margins grew, operating margins contracted, net margins dropped.

Revenue details
Verint Systems chalked up revenue of $201.5 million. The eight analysts polled by S&P Capital IQ foresaw revenue of $210.3 million on the same basis. GAAP reported sales were 1.1% higher than the prior-year quarter's $199.4 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 $0.63. The seven earnings estimates compiled by S&P Capital IQ predicted $0.62 per share. GAAP EPS of $0.04 for Q3 were 73% lower than the prior-year quarter's $0.15 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 69.4%, 290 basis points better than the prior-year quarter. Operating margin was 8.3%, 170 basis points worse than the prior-year quarter. Net margin was 2.7%, 200 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $234.3 million. On the bottom line, the average EPS estimate is $0.89.

Next year's average estimate for revenue is $857.5 million. The average EPS estimate is $2.58.

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 $37.75.

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