1785 — Verint Systems Reports Record Fiscal 2005

Jun 6, 2005 | Conteúdos Em Ingles

Verint Systems announced record sales of $72,039,000 for the first quarter of fiscal 2005, ended April 30, 2005, a 27.2% increase compared with sales of $56,638,000 for the first quarter of fiscal 2004. Verint’s sales increased approximately 4.4% sequentially, compared with $69,030,000 for the fourth quarter of fiscal 2004.
 

Net income on a generally accepted accounting principles (“GAAP”) basis was $6,533,000 for the first quarter of fiscal 2005, ($0.20 per diluted share), compared with net income of $6,707,000 ($0.20 per diluted share) for the fourth quarter of fiscal 2004, and net income of $1,514,000 ($0.05 per diluted share) for the first quarter of fiscal 2004.

Net income on a pro forma basis was $7,707,000 for the first quarter of fiscal 2005, ($0.23 per diluted share), compared with pro forma net income of $7,558,000 ($0.23 per diluted share) for the fourth quarter of fiscal 2004, and pro forma net income of $5,919,000 ($0.18 per diluted share) for the first quarter of fiscal 2004. A reconciliation between results on a GAAP and pro forma basis is provided in a table immediately following the Pro Forma Consolidated Statement of Operations (Pro Forma Basis).

Dan Bodner, President and CEO of Verint, stated, “Our record first quarter sales were due to demand for our actionable intelligence solutions in the business intelligence and security markets. Pro forma income from operations of $8 million, which was also a record, grew 13.4% sequentially and 35.5% year-over-year

The Company ended the quarter with cash, cash equivalents and short-term investments of $250,287,000, working capital of $204,135,000, total assets of $415,472,000, and stockholders’ equity of $291,698,000.

2005-06-06

Em Foco – Opinião

 

 

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