Verint Q2 rev. up 17% YoY, AI ARR increases 21% YoY

• Verint reports Q2 results • AI ARR increased 21% YoY • CX Automation category leadership • Strong business outcomes for customers • AI ARR growth driven by Verint's CX Automation leadership • Verint's AI solutions deliver strong business outcomes • Verint's AI ARR growth reflects customer adoption of AI solutions • Verint's AI solutions drive customer success • Verint's AI ARR growth reflects category leadership • Verint's AI solutions drive business outcomes for customers • Verint's AI ARR growth reflects strong customer adoption • Verint's AI solutions deliver strong business outcomes for customers

Verint Systems Inc. (NASDAQ: VRNT), the leading Customer Experience (CX) Automation company, has announced its Q2 results for the fiscal year ending July 31, 2025. The company reported a significant increase in its AI ARR (Annual Recurring Revenue), up by 21% year-over-year, reflecting the strong adoption of AI solutions by its customers. This growth underscores Verint's leadership in the CX Automation category.

Key highlights of the quarter include a 6.4% year-over-year increase in Subscription ARR to $728 million, and total revenue of $208 million. Despite these impressive figures, Verint incurred a net loss per share of $0.09 on a GAAP basis and $0.33 on a non-GAAP basis.

Verint's CEO and Chairman, Dan Bodner, attributed the strong Q2 performance to the company's CX Automation leadership and the growing adoption of AI in the CX market. "We are pleased to report strong Q2 results and continued AI momentum," Bodner said. "Our AI ARR increase of 21% year-over-year reflects the strong AI business outcomes we deliver to our customers."

The company's AI solutions have proven to be effective in driving tangible business outcomes for its customers. Verint's AI ARR growth is a testament to its ability to deliver value through AI-powered automation. This growth is driven by Verint's strong customer base, which includes over 80 of the Fortune 100 companies.

Verint's pending acquisition by Thoma Bravo, a leading software investment firm, is expected to close before the end of the current fiscal year. The acquisition, valued at $2 billion, reflects a strong validation of Verint's CX Automation strategy. Under the terms of the agreement, Verint common shareholders will receive $20.50 per share in cash, an 18% premium to the company's 10-day volume weighted average share price up to June 25, 2025.

Verint's results highlight the potential of AI in the CX market and the company's ability to capitalize on this opportunity. As the market for AI solutions continues to grow, Verint's leadership position and strong customer adoption of its AI solutions position it well for future growth.

References:
[1] https://www.stocktitan.net/news/VRNT/verint-announces-q2-3khwofxbg4q4.html