Benzinga | Sep 9, 2021 04:13PM EDT

Verint Sees FY22 EPS Of $2.25 At Midpoint vs $2.23 Est., Sales $872M +/- 2% vs $863.23M Est.

FYE 2022 Outlook

We are increasing our non-GAAP annual outlook for the year ending January 31, 2022 as follows:

* Cloud Revenue Growth: 35% (up from a range of 30% to 35%)

* New PLE Bookings Growth: 15% (up from 10%+)

* Revenue: $872 million with a range of +/- 2% (up from $860 million) We expect Q3 revenue to be between $215 to $220 million and to finish the year with our typical seasonally strong fourth quarter revenue.

* Diluted EPS: $2.25 at the midpoint of our revenue guidance (up from $2.23) We expect Q3 diluted EPS of $0.53 at the midpoint of our revenue guidance and to finish the year with our typical seasonally strong fourth quarter profitability.