Cognyte Software (NASDAQ:CGNT – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02, RTT News reports. The company had revenue of $94.51 million during the quarter, compared to analyst estimates of $93.15 million. Cognyte Software had a negative net margin of 3.95% and a negative return on equity of 13.30%. 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 opened at $9.95 on Thursday. The company has a market cap of $715.35 million, a price-to-earnings ratio of -52.37 and a beta of 1.77. The stock’s fifty day moving average price is $9.14 and its two-hundred day moving average price is $8.23. Cognyte Software has a 52-week low of $6.21 and a 52-week high of $11.12.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on CGNT. StockNews.com cut Cognyte Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. Needham & Company LLC reaffirmed a “hold” rating on shares of Cognyte Software in a report 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.
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