Verint Awarded A $13M Multi-Year Contract From A Fortune 25 Brand To Deploy Knowledge Management, Including Two Bots, Across 60,000 Agents

6/11/24 9:32:10 AM ET

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Verint Knowledge Bots to Deliver AI Business Outcomes Across 60,000 Contact Center Agents

Verint® (NASDAQ:VRNT), The CX Automation Company™, today announced a $13 million, multi-year contract with a Fortune 25 brand to deploy knowledge management, including two bots, across 60,000 agents.

With tens of millions of customers, the brand is looking to simultaneously improve the customer and agent experiences while lowering operating costs. The company will deploy the AI-powered Verint Knowledge Creation and Knowledge Suggestion Bots embedded in the Knowledge Management application running on the Verint Open Platform.

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Recent Analyst Ratings for
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Date	Price Target	Rating	Analyst
9/7/2023		Outperform → Perform	Oppenheimer
9/7/2023	$50.00 → $28.00	Outperform → In-line	Evercore ISI
1/5/2023	$45.00 → $40.00	Buy → Hold	Jefferies
4/12/2022	$57.00	Buy → Neutral	Goldman
12/3/2021	$55.00 → $57.00	Outperform	RBC Capital
9/1/2021	$75.00	Outperform	Cowen & Co.

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Verint Awarded A $13M Multi-Year Contract From A Fortune 25 Brand To Deploy Knowledge Management, Including Two Bots, Across 60,000 Agents

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Recent Analyst Ratings for
$VRNT

$VRNT
SEC Filings

Verint Systems Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Other Events, Financial Statements and Exhibits

Verint Systems Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

Verint Systems Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

$VRNT
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$VRNT
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Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

President Moriah Elan sold $185,086 worth of shares (7,160 units at $25.85), decreasing direct ownership by 5% to 139,251 units (SEC Form 4)

Chief Financial Officer Highlander Grant A sold $87,606 worth of shares (3,389 units at $25.85), decreasing direct ownership by 3% to 131,267 units (SEC Form 4)

Chief Administrative Officer Fante Peter sold $163,630 worth of shares (6,330 units at $25.85), decreasing direct ownership by 6% to 91,334 units (SEC Form 4)

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Verint Awarded A $13M Multi-Year Contract From A Fortune 25 Brand To Deploy Knowledge Management, Including Two Bots, Across 60,000 Agents

Chat with this insight

Recent Analyst Ratings for $VRNT

$VRNT SEC Filings

Verint Systems Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Other Events, Financial Statements and Exhibits

Verint Systems Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

Verint Systems Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

$VRNT Press Releases

Fastest customizable press release news feed in the world

Leading Bank Awards Verint $11 Million Contract for AI-Powered Agent Copilot Bot

Verint Named a Market Leader for 'Contact Center Advanced' by ISG Research

Verint Earns Great Place To Work® Certification for Second Consecutive Year

$VRNT Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Verint Systems downgraded by Oppenheimer

Verint Systems downgraded by Evercore ISI with a new price target

Verint Systems downgraded by Jefferies with a new price target

$VRNT Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

President Moriah Elan sold $185,086 worth of shares (7,160 units at $25.85), decreasing direct ownership by 5% to 139,251 units (SEC Form 4)

Chief Financial Officer Highlander Grant A sold $87,606 worth of shares (3,389 units at $25.85), decreasing direct ownership by 3% to 131,267 units (SEC Form 4)

Chief Administrative Officer Fante Peter sold $163,630 worth of shares (6,330 units at $25.85), decreasing direct ownership by 6% to 91,334 units (SEC Form 4)

$VRNT Large Ownership Changes

This live feed shows all institutional transactions in real time.

$VRNT Market Insights

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Amendment: SEC Form SC 13G/A filed by Verint Systems Inc.

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Recent Analyst Ratings for
$VRNT

$VRNT
SEC Filings

$VRNT
Press Releases

$VRNT
Analyst Ratings

$VRNT
Insider Trading

$VRNT
Large Ownership Changes

$VRNT
Market Insights

$VRNT
Financials

$VRNT
Leadership Updates