The price of the price of verinter systems (NASDAQ: VRNT) has been raised for a long time, and because it’s 2022 peaks dropped 67%. Now, with a modest market cover of $ 1.1 billion, the Veteran Technology Company apparently is looking for a buyer.
Yesterday, website reported the Semafor news website hired the services of an investment bank to find a buyer. The item was published during New York’s trading session, but the stock stock still lost land. After Bloomberg reported that the private equity equity of US Thoma Bravo was in Verint buying talks, about 15% in late trades. Rejected the green to comment on the report.
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Quint, led by Dan Bligner for three decades, providing software solutions for call centers united in analytics and AIs, and designed to improve customer experience. The US-based firm is, but there is a Herzliya development center. Four years ago, Cognyte, giving intelligence and cyber solutions, distance from the ense. Before the spin-off, the company’s market cap is $ 3.7 billion. Self-targeted outline from the 2013 compass technology.
In the first quarter of this year, Verint income declined to 9.6% to $ 208 million, and net profit has caused 89.4% to $ 1.6 million. On a basis of non-GAAP, the first quarter net goce has $ 18.4 million, comparing $ 42.6 million in the first quarter of 2024.
If the results were released, the Gobner said he was pleased to grow the company’s pipeline and the positive momentum of AI products. In its report, Semafor said a possible verintal sale will give an indication of how far away in the established industries. On this occasion, reference is AI agents to replace representatives of human service.
According to Yahoo! Finance, Seven Cover Cover Investing Homes. Four of them have positive recommendations and three neutrals. The average price target for stock is $ 28, 50.6% on yesterday’s closure and 30.7% above the price of late trades.
Published in Globes, Israel News in News – en.globes.co.il – On July 2, 2025.
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