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Posted by
Two Blokes Jun 5 -
Filed in
Stock
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Verint's stock surged after earnings due to low expectations and a new AI-driven narrative, despite average results and a weak balance sheet. The company is gaining traction with over 50 AI bots automating customer workflows, driving 24% growth in AI-related annual recurring revenue. Management guides for improving revenue growth and expects $145 million in free cash flow, valuing the stock at just 8x forward FCF.
