Verint Historical Income Statement
| VRNT Stock | USD 34.72 6.50 23.03% |
Historical analysis of Verint Systems income statement accounts such as Depreciation And Amortization of 62.2 M, Interest Expense of 9.8 M, Selling General Administrative of 313.1 M or Total Revenue of 800 M can show how well Verint Systems performed in making a profits. Evaluating Verint Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Verint Systems's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Verint Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Verint Systems is a good buy for the upcoming year.
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About Verint Income Statement Analysis
Verint Systems Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Verint Systems shareholders. The income statement also shows Verint investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Verint Systems Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Verint Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Verint Systems minus its cost of goods sold. It is profit before Verint Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Verint Systems. It is also known as Verint Systems overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from Verint Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Verint Systems current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verint Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Verint Stock please use our How to Invest in Verint Systems guide.At this time, Verint Systems' Operating Income is comparatively stable compared to the past year. EBIT is likely to gain to about 100.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 313.1 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 575.9M | 607.2M | 614.1M | 502.9M | Total Revenue | 874.5M | 902.2M | 910.4M | 800.0M |
Verint Systems income statement Correlations
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Verint Systems Account Relationship Matchups
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Verint Systems income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 97.4M | 100.4M | 80.9M | 73.2M | 69.0M | 62.2M | |
| Interest Expense | 40.4M | 40.0M | 10.3M | 7.9M | 10.3M | 9.8M | |
| Selling General Administrative | 488.9M | 478.2M | 376.8M | 392.9M | 405.9M | 313.1M | |
| Total Revenue | 1.3B | 1.3B | 874.5M | 902.2M | 910.4M | 800.0M | |
| Gross Profit | 839.9M | 858.1M | 575.9M | 607.2M | 614.1M | 502.9M | |
| Other Operating Expenses | 1.2B | 1.2B | 827.7M | 844.9M | 814.4M | 774.3M | |
| Operating Income | 87.9M | 56.2M | 46.8M | 57.4M | 95.9M | 100.7M | |
| Ebit | 87.9M | 56.2M | 46.8M | 57.4M | 95.9M | 100.7M | |
| Research Development | 231.7M | 240.2M | 123.3M | 130.6M | 133.4M | 124.1M | |
| Ebitda | 185.2M | 156.6M | 127.8M | 130.6M | 164.9M | 106.0M | |
| Cost Of Revenue | 463.8M | 415.6M | 298.6M | 295.1M | 296.3M | 297.1M | |
| Total Operating Expenses | 752.0M | 749.4M | 529.1M | 549.8M | 518.2M | 470.1M | |
| Income Before Tax | 53.3M | 16.2M | 39.5M | 54.8M | 61.3M | 64.3M | |
| Total Other Income Expense Net | (34.6M) | (40.0M) | (7.3M) | (2.6M) | (34.7M) | (32.9M) | |
| Net Income | 28.7M | (107K) | 14.4M | 14.9M | 38.6M | 40.5M | |
| Income Tax Expense | 17.6M | 16.3M | 23.9M | 39.1M | 21.6M | 11.8M | |
| Net Income Applicable To Common Shares | 28.7M | (14.9M) | (4.5M) | (5.9M) | (5.3M) | (5.0M) | |
| Minority Interest | 7.0M | 15.1M | 1.2M | (761K) | (1.0M) | (972.8K) | |
| Net Income From Continuing Ops | 35.7M | (107K) | 15.7M | 15.7M | 39.6M | 22.4M | |
| Non Operating Income Net Other | 871K | 5.8M | (52.5M) | 3.0M | 3.4M | 3.6M | |
| Tax Provision | 17.6M | 16.3M | 23.9M | 39.1M | 21.6M | 18.6M | |
| Interest Income | 5.6M | 2.8M | 233K | 3.3M | 6.9M | 6.0M | |
| Net Interest Income | (34.8M) | (37.2M) | (10.1M) | (4.6M) | (3.4M) | (3.6M) | |
| Reconciled Depreciation | 91.5M | 100.4M | 75.4M | 68.0M | 71.5M | 68.7M |
Pair Trading with Verint Systems
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Verint Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Verint Systems will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Verint Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Verint Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Verint Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Verint Systems to buy it.
The correlation of Verint Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Verint Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Verint Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Verint Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Verint Stock Analysis
When running Verint Systems' price analysis, check to measure Verint Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Verint Systems is operating at the current time. Most of Verint Systems' value examination focuses on studying past and present price action to predict the probability of Verint Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Verint Systems' price. Additionally, you may evaluate how the addition of Verint Systems to your portfolios can decrease your overall portfolio volatility.