Verint Systems Stock Soars on Earnings. Artificial Intelligence Makes All the Difference.
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Shares of Verint Systems surged in early trading Thursday after the automation-software company posted a strong fiscal first quarter and offered a rosy outlook for the year. Adjusted earnings of 29 cents a share topped the 13 cents a share Wall Street had anticipated, according to FactSet. The stock climbed 15% to $21.14, on pace for its largest same-day percent increase since December, according to Dow Jones Market Data.