UPDATE 1-Neuberger urges Verint investors to back its board nominees [Reuters]
Verint Systems Inc. (VRNT)
Last verint systems inc. earnings: 3/31 04:05 pm
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Source: Reuters
Neuberger urges Verint investors to back its board nominees - Reuters 2 Min Read (Reuters) - Asset manager Neuberger Berman on Monday urged shareholders of Verint Systems to vote for its three director nominees and asked the data analytics company to detail its cloud strategy. Verint should also disclose segment-level financials for its customer engagement (CES) and cyber intelligence solutions (CIS) units so that investors can value each of them individually, the investor said in a letter to shareholders. Verint needs to make a “compelling case” for keeping ownership of both units, which it says serves different markets and do not present “operational synergies,” Neuberger said. Neuberger, which holds a 2.7% stake in the company, said it has owned Verint’s stock since 2006 and has tried to engage with the company’s board for the last two years. The asset manager said a robust share buyback plan should be an important part for a “low-growth” company like Verint. Verint defended its st
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VRNT
Earnings
- 3/27/24 - Beat
VRNT
Sec Filings
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- VRNT's page on the SEC website