Welcome to our dedicated page for Cognyte Software news (Ticker: CGNT), a resource for investors and traders seeking the latest updates and insights on Cognyte Software stock.
Cognyte Software Ltd (CGNT) is a global investigative analytics software provider serving government agencies, military organizations, and law enforcement worldwide. This news page tracks significant developments for the company, including financial results, contract announcements, and strategic initiatives.
Cognyte's news coverage primarily focuses on three key areas. Contract announcements reveal when government customers select Cognyte's analytics platforms, providing insight into the company's competitive position and geographic expansion. Financial results offer visibility into the company's quarterly performance, including revenue trends and operational metrics. Industry events highlight Cognyte's participation in security conferences and exhibitions where the company demonstrates its latest investigative technology capabilities.
As a provider of security software to government customers, Cognyte's newsworthy events differ from typical technology companies. Contract wins with military intelligence agencies, law enforcement organizations, and border security departments represent material business developments. Follow-on agreements with existing customers signal successful deployments and platform expansion. The company's quarterly earnings reports provide updates on subscription revenue performance and bookings from government customers across EMEA and APAC regions.
This news feed also covers corporate developments such as share repurchase programs and strategic announcements that may impact investors tracking CGNT. For investors interested in government technology and security software markets, monitoring Cognyte's news helps assess the company's competitive position and growth trajectory in the specialized investigative analytics sector.
Cognyte Software Ltd. (NASDAQ: CGNT) reported Q4 FYE22 revenue of $125 million, a slight increase from Q3 but below guidance due to supply chain issues and lower pipeline conversion. For FYE22, revenue reached $474 million, reflecting a 6.9% year-over-year growth. Gross margins improved with GAAP at 71.8%. However, the company reported diluted EPS of $(0.19) (GAAP) for Q4 and $(0.22) (GAAP) for FYE22. CEO Elad Sharon highlighted challenges in forecasting and stated that FYE23 guidance couldn't be provided, but expressed confidence in the company's long-term growth potential.
Cognyte Software Ltd. (NASDAQ: CGNT) will hold a conference call on April 5, 2022, at 8:30 AM ET, to discuss its fourth quarter and full-year financial results for the year ending January 31, 2022. An earnings press release will be scheduled beforehand. Interested parties can access the call via telephone or through a live webcast on the company's Investor Relations website. Cognyte specializes in security analytics software, serving over 1,000 government and enterprise clients across more than 100 countries.
Cognyte Software Ltd. (NASDAQ: CGNT) announced a fireside chat featuring CEO Elad Sharon and CFO David Abadi at the Needham Virtual Growth Conference on January 11, 2022, at 10:45 am ET. The event will focus on Cognyte's advancements in security analytics software and its impact on global security. A live webcast and replay will be available on their website.
Cognyte empowers over 1,000 customers in more than 100 countries with Actionable Intelligence for improved security investigations.
Cognyte Software Ltd. (NASDAQ: CGNT) announced its Q3 and YTD results for the fiscal year ending January 31, 2022. Revenue reached $118.4 million in Q3, representing a 4.8% year-over-year increase, with a gross margin of 72.7%. For the year-to-date, revenue is $349.1 million (up 9.3% y-o-y). However, the company revised its FYE22 outlook to reflect 7.5% revenue growth due to pandemic-related deployment delays and component shortages, projecting $480 million in revenue for the full year.
Cognyte (NASDAQ: CGNT) has been recognized as a leader in Frost & Sullivan's 2021 Digital Intelligence Solutions Report, noting its strong performance in both innovation and growth.
The report evaluates companies based on their market share, revenue growth, and R&D capabilities. Cognyte's analytics platform addresses the complexities of modern data, enabling real-time security intelligence.
CEO Amit Daniel emphasized the importance of AI and machine learning in their solutions, validating their commitment to providing actionable insights for security organizations globally.
Cognyte Software Ltd. (NASDAQ: CGNT) will host a conference call on December 21, 2021, at 8:30 am ET to discuss its third-quarter financial results for the period ending October 31, 2021. An earnings press release will precede this call. Investors can access the live audio via telephone and a real-time webcast, including presentation slides, will be available on Cognyte’s website. With over 1,000 customers globally, Cognyte focuses on security analytics software, providing actionable intelligence solutions to enhance safety and security.
Cognyte Software Ltd. (NASDAQ: CGNT) reported strong Q2 FYE22 results with revenue reaching $116 million, up 10.4% year-over-year, and gross profit at $83.9 million, marking a 14.3% increase. Gross margins improved significantly to 72.3%, up 250 bps year-over-year. The company raised its profitability guidance for the full year, anticipating revenue of up to $490 million for FYE22. CEO Elad Sharon noted strong demand for security analytics, supported by notable multi-million dollar orders, reflecting the effectiveness of their software strategy.
Cognyte Software Ltd. (NASDAQ: CGNT) will host a conference call on September 20, 2021, at 8:30 AM ET to discuss its second-quarter financial results for the period ending July 31, 2021. An earnings press release will precede the call. The call will be accessible via a real-time webcast and telephone, with specific dial-in numbers provided for the US, Canada, and international callers. Cognyte, a leader in security analytics software, supports over 1,000 government and enterprise clients globally, focusing on actionable intelligence for enhanced security.
Cognyte Software Ltd. (NASDAQ: CGNT) announced its Q1 FYE22 results, highlighting significant growth in revenues and profits. For the three months ending April 30, 2021, revenue reached $114.7 million, a 13.1% year-over-year increase, while gross profit grew by 19.5% to $81.9 million. The gross margin improved to 71.4%. CEO Elad Sharon noted strong market demand and numerous large orders. The company expects a continued upward trajectory, projecting a 9% revenue increase for Q2 and a full-year revenue guidance of approximately $490 million.
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