Verint Systems

Tariffs trump Lifetime; Broadridge bangs out big year

  LIFETIME BRANDS INC. Headquarters: Garden City Industry: Capital goods Nasdaq: LCUT Reporting Date: Aug. 8, 2019 Reporting Quarter: 2Q FY2019 Quarter Ended: June 30, 2019 Numbers: Second-quarter net sales were reported as $142.5 million, a 4.2 percent drop from the $148.7 million reported for the same quarter last fiscal year. Net loss was $11.5 million – a loss of 56 cents per diluted share and an 88.5 percent plunge from the $6.1 million net…


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…