Verint noted that ASC 606, a set of accounting rules governing how a company recognizes revenue from customer contracts, impacted its top- and bottom-line results.
At the Investor Day held in mid-January, the company said it has transitioned to a subscription model, with 80% of the revenue for the year coming from subscription offerings.
Consider VERINT SYSTEMS INC as a top value stock. NASDAQ:VRNT shines in terms of profitability, solvency, and liquidity, all while remaining very reasonably priced.
