Verint Systems

Steady sales, rising earnings mark Park Electro’s 2Q

  PARK ELECTROCHEMICAL CORP. Headquarters: Melville Industry: Composites manufacturing NYSE: PKE Reporting Date: Oct. 4, 2018 Reporting Quarter: 2Q FY2019 Quarter Ended: Aug. 26, 2018 Numbers: Net quarterly sales were reported as $11.21 million, down 1.3 percent from the $11.35 million reported for the same quarter last fiscal year. Net second-quarter earnings were reported as $1.82 million, up more than 123 percent from the $816,000 reported for 2Q FY2018. Diluted earnings per share for 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…