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

Cognyte Software (NASDAQ:CGNT) released its earnings results on Wednesday. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $94.51 million during the quarter, compared to analysts’ expectations of $93.15 million. During the same quarter last year, the business posted ($0.23) earnings per share. Cognyte Software updated its FY guidance to $0.16 EPS and its FY 2026 guidance to 0.160-0.160 EPS.

Cognyte Software Stock Performance

NASDAQ CGNT traded up $1.73 during trading on Wednesday, hitting $9.95. The stock had a trading volume of 1,978,376 shares, compared to its average volume of 335,772. Cognyte Software has a one year low of $6.21 and a one year high of $11.12. The stock has a 50 day simple moving average of $9.13 and a 200 day simple moving average of $8.21. The stock has a market capitalization of $715.35 million, a price-to-earnings ratio of -52.37 and a beta of 1.77.

Analyst Upgrades and Downgrades

CGNT has been the topic of a number of research reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Cognyte Software in a research note on Wednesday. StockNews.com cut shares of Cognyte Software from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th.

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.