v3.25.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Revenue:    
Total revenue $ 208,097 $ 221,277
Cost of revenue:    
Amortization of acquired technology 2,308 1,358
Total cost of revenue 69,195 63,761
Gross profit 138,902 157,516
Operating expenses:    
Research and development, net 40,641 36,730
Selling, general and administrative 89,670 93,276
Amortization of other acquired intangible assets 3,519 3,065
Total operating expenses 133,830 133,071
Operating income 5,072 24,445
Other income (expense), net:    
Interest income 1,463 1,978
Interest expense (2,499) (2,591)
Other income (expense), net 496 (498)
Total other expense, net (540) (1,111)
Income before provision for income taxes 4,532 23,334
Provision for income taxes 2,605 7,955
Net income 1,927 15,379
Net income attributable to noncontrolling interests 305 138
Net income attributable to Verint Systems Inc. 1,622 15,241
Dividends on preferred stock (4,000) (5,200)
Net (loss) income attributable to Verint Systems Inc. common shares $ (2,378) $ 10,041
Net (loss) income per common share attributable to Verint Systems Inc.:    
Basic (in dollars per share) $ (0.04) $ 0.16
Diluted (in dollars per share) $ (0.04) $ 0.16
Weighted-average common shares outstanding:    
Basic (in shares) 61,916 62,335
Diluted (in shares) 61,916 62,845
Recurring    
Revenue:    
Total revenue $ 173,623 $ 173,528
Cost of revenue:    
Cost of revenue 42,108 35,923
Nonrecurring perpetual    
Revenue:    
Total revenue 17,021 24,900
Cost of revenue:    
Cost of revenue 7,248 8,774
Nonrecurring professional services and other    
Revenue:    
Total revenue 17,453 22,849
Cost of revenue:    
Cost of revenue $ 17,531 $ 17,706