Cognyte Software Stock Price, News & Analysis

Cognyte Software (NASDAQ: CGNT) has announced a new $20 million share repurchase program following the completion of its previous buyback initiative. The company successfully repurchased 2,094,538 ordinary shares under the prior program for an aggregate purchase price of $20 million.

The new program, extending through January 14, 2027, allows for share repurchases through various methods including open market purchases and privately negotiated transactions. The company plans to fund the buyback using its balance sheet cash and ongoing cash flow generation. Implementation will begin after a 30-day creditor objection period in accordance with Israeli regulations.

Cognyte Software (NASDAQ: CGNT) reported strong Q1 FYE26 financial results with revenue reaching $95.5 million, up 15.5% year-over-year. The company achieved GAAP operating income of $2.2 million, compared to a loss in the previous year, while Adjusted EBITDA more than doubled to $10.3 million. Notable improvements include Non-GAAP gross profit of $68.7 million with a 71.9% margin. The company continued its share repurchase program, buying approximately 952,000 shares for $9 million. Cognyte updated its FYE26 outlook, projecting revenue of $395 million (±2%) and Adjusted EBITDA of $44 million. The company recently acquired GroupSense, strengthening its U.S. presence in cyber threat intelligence. Total RPO increased to $597.8 million, with short-term RPO at $346.9 million, providing strong revenue visibility for FYE26.

Cognyte Software Ltd. (NASDAQ: CGNT), a leader in investigative analytics software, has scheduled its first quarter fiscal 2026 earnings conference call for June 11, 2025, at 8:30am ET. The company will release its financial results for the quarter ending April 30, 2025, before the call. Investors can access a live webcast with presentation slides through Cognyte's Investor Relations website. To participate in the Q&A session, attendees must pre-register to receive dial-in information and a unique PIN. Participants are advised to join 10 minutes before the event starts.

Cognyte Software Ltd. (NASDAQ: CGNT) has announced the acquisition of GroupSense, Inc., a digital risk protection services company, for $4 million plus a potential earnout of up to $5 million subject to meeting defined targets. Founded in 2014, GroupSense specializes in protecting digital assets and data through automated and human reconnaissance for cyber investigations.

The acquisition aligns with Cognyte's U.S. growth strategy, expanding its presence in North America. GroupSense's customer base includes state and local government agencies and various enterprises. The deal will enable GroupSense's customers to access Cognyte's advanced cyber threat intelligence platform, enhancing their brand integrity and operational security capabilities.

Cognyte Software Ltd. (NASDAQ: CGNT) has secured a significant three-year subscription agreement worth over $10 million annually with a national security agency in the EMEA region. The agreement enables the agency to access Cognyte's latest AI-powered investigative analytics solutions and continuous enhancements.

The customer, described as longstanding, will upgrade to the newest version of Cognyte's platform, which helps generate actionable intelligence from diverse data sources to accelerate investigations and improve decision-making. The subscription model is designed to provide faster innovation adoption and greater operational agility for the agency.

[ "Secured substantial 3-year subscription agreement worth $10+ million annually", "Transition to recurring revenue model through subscription partnerships", "Expansion of existing customer relationship with enhanced solution adoption", "Agreement provides steady, predictable revenue stream for next 3 years" ]

Cognyte Software Ltd. (NASDAQ: CGNT), a leader in investigative analytics software technology, has announced its participation in the 53rd Annual TD Cowen Technology, Media & Telecom Conference. CEO Elad Sharon and CFO David Abadi will engage in a fireside chat on May 28, 2025, at 10:15 am ET. The discussion will be accessible via live webcast and replay through Cognyte's investor relations website.

Cognyte Software (NASDAQ: CGNT) has secured a ~$5 million contract with a new law enforcement agency customer in the EMEA region. The deal involves deploying Cognyte's investigative analytics solutions to enhance the agency's operational effectiveness and accelerate investigations. The law enforcement agency selected Cognyte to help address challenges posed by complex criminal activities and sophisticated adversaries.

The solution will enable the agency's analysts and field teams to transform large volumes of data into actionable insights, helping them identify, investigate, and prevent criminal activity more efficiently. According to Efi Nuri, Cognyte's Chief Revenue Officer, this contract represents a significant upgrade of the customer's investigative capabilities.

Cognyte Software Ltd. (NASDAQ: CGNT), a leader in investigative analytics software technology, has announced its participation in the upcoming 20th Annual Needham Technology & Media Conference. The company's CEO Elad Sharon and CFO David Abadi will engage in a fireside chat on Monday, May 12, 2025, at 8:45 am ET. Investors and interested parties can access the live webcast and replay of the discussion through Cognyte's investor relations website.

Cognyte Software (NASDAQ: CGNT) has secured a follow-on order worth over $5 million from a longstanding law enforcement agency customer in the Asia-Pacific region. The investment expands the agency's use of Cognyte's investigative analytics software to enhance their operational intelligence capabilities. The solution helps law enforcement teams connect disparate data to identify criminal actors and organizations, particularly in cases involving weapons smuggling and drug trafficking. This renewed commitment demonstrates the customer's confidence in Cognyte's technology and expertise in delivering actionable intelligence for complex investigations.