Cognyte Software (NASDAQ:CGNT – Get Free Report) issued an update on its FY earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.16 for the period, compared to the consensus estimate of $0.14. The company issued revenue guidance of $392 million at the midpoint (+/-2%), compared to the consensus revenue estimate of $373.50 million. Cognyte Software also updated its FY 2026 guidance to 0.160-0.160 EPS.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on CGNT shares. StockNews.com lowered shares of Cognyte Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. Needham & Company LLC reissued a “hold” rating on shares of Cognyte Software in a research note on Wednesday.
Get Our Latest Stock Analysis on Cognyte Software
Cognyte Software Stock Up 21.0 %
Cognyte Software (NASDAQ:CGNT – Get Free Report) last announced its quarterly earnings data on Wednesday, April 2nd. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.02. Cognyte Software had a negative net margin of 3.95% and a negative return on equity of 13.30%. The business had revenue of $94.51 million during the quarter, compared to the consensus estimate of $93.15 million. During the same quarter last year, the firm earned ($0.23) earnings per share. As a group, equities research analysts expect that Cognyte Software will post -0.2 EPS for the current year.
Cognyte Software Company Profile
Cognyte Software Ltd. provides an investigative analytics software to governments and enterprises worldwide. Its Actionable Intelligence for a Safer World, an open software designed to help governments and enterprises accelerate and enhance the effectiveness of investigations. The company offers network intelligence analytics, threat intelligence analytics, decision intelligence analytics, and operational intelligence analytics solutions.
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