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  "documentTitle": "Verint Systems, Inc. (VRNT)",
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  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2019-05-23 00:00:00",
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      "text": "In total, we believe that at least 11.4% of Adj. EBITDA are attributable to unusual and unjustified add-backs.",
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      "text": "We also take issue with Verint's restructuring add-back, NCI add-back, and “other adjustment” add-back. These represent add-backs of items which are consistent drags on earnings and, in the case of the NCI add-back, which are not available to VRNT shareholders.",
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      "text": "Sources: VRNT Earnings Press Releases",
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