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As of Dec. 7, 2023, five stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Verint Systems (NASDAQ:VRNT – Get Free Report) issued an update on its FY24 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $2.65 for the period, compared to the consensus earnings per share estimate of $2.62. The company issued revenue guidance of $892-$928 million, compared to the consensus revenue estimate of […]
Company Expects Strong Finish to Fiscal Year with 11% Non-GAAP Revenue Growth in Q4
SaaS ARR up 11% Year-Over-Year Driven by Solid Bookings and Renewals Positive Leading Indicators with Significant Increase in Customer AI Adoption and SaaS Pipeline up More than 20%...
Lannebo Fonder AB reduced its position in Verint Systems Inc. (NASDAQ:VRNT – Free Report) by 19.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,200 shares of the technology company’s stock after selling 10,800 shares during the period. Lannebo Fonder AB owned […]