After the markets closed on Tuesday, April 29, Mercury Systems announced results above Street consensus for both top- and bottom-line results. Mercury announced that its restructuring and acquisition integration plans are ahead of schedule, ultimately leading to cost savings earlier than expected. Mercury also achieved record bookings of $74 million or a book-to-bill ratio of…
Verint Systems Solid Quarter; New Opportunities in Cybersecurity
Verint’s quarterly results were above expectations regarding total revenue and pro forma earnings per share, primarily driven by the company’s security business, which saw very strong growth this quarter. This quarter likely marks a transition point for the business, as Verint has made significant investments for growth in new areas like cyber-security, anti-fraud, unified CRM/contact…