Verint Systems

With big sale looming, Park Electrochemical shines

  PARK ELECTROCHEMICAL CORP. Headquarters: Melville Industry: Composites manufacturing NYSE: PKE Reporting Date: June 22, 2018 Reporting Quarter: 1Q FY2019 Quarter Ended: May 27, 2018 Numbers: Reported first-quarter net sales were $31.1 million, up 13.5 percent from the $27.4 million reported for the same quarter last year. Quarterly net earnings (before special items) were reported as $3.16 million, a 127-percent year-over-year increase, and diluted earnings per share came in at 16 cents, up from the…


Verint buys Virginia ‘customer care’ firm

Verint Systems Inc. has acquired a Virginia-based cloud- and mobile-solutions firm, moving the Melville software company a step closer to global actionable-intelligence supremacy. The undisclosed deal for Contact Solutions, a provider of real-time “contextual customer-care solutions,” comes in response to increasing consumer and business use of social networks, mobile devices and new digital technologies, according to Verint Systems. Those changing patterns are driving the need for “omnichannel customer engagement,” the company said, making the acquisition…