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. (NASDAQ: CGNT) is a software-driven technology company focused on data processing and investigative analytics, and the CGNT news feed reflects that focus. Public announcements describe Cognyte as providing security analytics and investigative analytics software that helps customers generate Actionable Intelligence for a Safer World™, particularly in law enforcement, national security and military intelligence contexts.
On this page, readers can follow Cognyte’s company news, including earnings-related press releases, conference call announcements and participation in investor events. The company regularly furnishes press releases via Form 6-K that cover quarterly financial results, outlook commentary and information about share repurchase authorizations and annual general meetings.
News items also highlight Cognyte’s customer engagements and operational deployments. Recent releases describe new multi-unit wins with Tier-1 law enforcement agencies in the EMEA region, contracts with Tier-1 military intelligence organizations, and follow-on agreements with long-standing military intelligence customers in APAC. These updates provide insight into how Cognyte’s investigative analytics and tactical SIGINT solutions are being adopted across regions and mission types.
In addition, Cognyte uses news releases to showcase its presence at homeland security and law enforcement events, such as Milipol Paris and the IACP Conference, and to announce threat trend reports on topics like how Gen Z and Gen Alpha are reshaping crime. For investors, analysts and security professionals, the CGNT news stream offers a consolidated view of Cognyte’s operational developments, customer wins, research publications and financial communications over time.
Cognyte Software Ltd. (NASDAQ: CGNT) reported its fiscal fourth quarter and full year results for 2023, highlighting a non-GAAP revenue of $73,572 thousand for Q4 and $313,105 thousand for the year, marking a growth of approximately 6% year-over-year. The company achieved a gross margin of 64.9% in Q4 and 63.5% for the full year. However, the diluted EPS losses were $(0.16) in Q4 and $(1.24) for the year. Cognyte raised its revenue guidance for Fiscal 2024 to approximately $300 million and expects to achieve positive quarterly EBITDA by Q4 of Fiscal 2024. Executives emphasized improved cash flow from operations, significant backlog, and a favorable cost structure as drivers of future growth, while acknowledging the uncertainty in non-GAAP adjustments and future acquisitions.
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