Verint Systems

Voxx hits the gas as 3Q income, earnings spike

  VOXX INTERNATIONAL CORP. Headquarters: Hauppauge Industry: Consumer non-durables Nasdaq: VOXX Reporting Date: Jan. 9, 2018 Reporting Quarter: 3Q FY2018 Quarter Ended: Nov. 30, 2017 Numbers: Net third-quarter sales were reported as $156.6 million, down 0.5 percent from the $157.4 million reported for the third quarter of last fiscal year. But net income was reported as $8.6 million, a healthy 48.2 percent increase over the $5.8 million reported for 3Q FY2017. Diluted third-quarter earnings-per-share also…


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…