Cognyte Software (NASDAQ:CGNT) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Cognyte Software (NASDAQ:CGNT) posted its quarterly earnings data on Wednesday. The company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02, RTT News reports. Cognyte Software had a negative return on equity of 13.30% and a negative net margin of 3.95%. The company had revenue of $94.51 million during the quarter, compared to analyst estimates of $93.15 million. During the same quarter last year, the company earned ($0.23) EPS. Cognyte Software updated its FY guidance to $0.16 EPS and its FY 2026 guidance to 0.160-0.160 EPS.

Cognyte Software Trading Up 21.0 %

NASDAQ:CGNT traded up $1.73 during mid-day trading on Wednesday, reaching $9.95. The company’s stock had a trading volume of 1,977,766 shares, compared to its average volume of 284,153. The stock has a market cap of $715.35 million, a P/E ratio of -52.37 and a beta of 1.77. The firm’s fifty day moving average price is $9.13 and its two-hundred day moving average price is $8.21. Cognyte Software has a 12-month low of $6.21 and a 12-month high of $11.12.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. StockNews.com lowered Cognyte Software from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. Needham & Company LLC reiterated a “hold” rating on shares of Cognyte Software in a research note on Wednesday.

About Cognyte Software

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.