Exhibit 99.1

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Press Release


Contacts:
Investor Relations
Alan Roden
Verint Systems Inc.
(631) 962-9304
alan.roden@verint.com

Verint Reports Third Quarter Results

Conference Call to Discuss Selected Financial Information and Outlook to be Held Today at 8:30 a.m. ET


MELVILLE, N.Y., December 6, 2018
- Verint® Systems Inc. (NASDAQ: VRNT), a global leader in Actionable Intelligence® solutions and value-added services, today announced results for the three and nine months ended October 31, 2018.

Financial Highlights

Below is selected unaudited financial information for the three and nine months ended October 31, 2018 prepared in accordance with generally accepted accounting principles (“GAAP”) and not in accordance with GAAP (“non-GAAP”).
Three Months Ended October 31, 2018 - GAAP
 
Three Months Ended October 31, 2018 - Non-GAAP
 
Revenue: $304.0 million
 
 
Revenue: $308.0 million
 
Operating income: $33.7 million
 
 
Operating income: $69.2 million
 
Diluted net income per share: $0.29
 
 
Diluted net income per share: $0.85
 
 
 
 
 
Nine Months Ended October 31, 2018 - GAAP
 
Nine Months Ended October 31, 2018 - Non-GAAP
 
Revenue: $899.5 million
 
 
Revenue: $908.4 million
 
Operating income: $70.7 million
 
 
Operating income: $178.7 million
 
Diluted net income per share: $0.59
 
 
Diluted net income per share: $2.14



CEO Commentary

“In Q3, our positive momentum continued as we delivered more than 8% year-over-year revenue growth with margin expansion and strong cash generation. We believe this momentum reflects the investments we have made over the last several years in advanced analytics, automation and cloud across our actionable intelligence portfolio. We are very pleased with the execution of our growth strategy this year which establishes a solid foundation for our next year's initial guidance of double digit earnings growth on a non-GAAP basis,” said Dan Bodner, Verint CEO.

Financial Outlook

Verint’s non-GAAP outlook for the year ending January 31, 2019 is as follows:

Revenue: $1.24 billion with a range of +/- 1%
EPS: $3.15 at the midpoint of our revenue guidance




The following information was filed by Verint Systems Inc (VRNT) on Thursday, December 6, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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