Cognyte Reports Fourth Quarter and Fiscal Year Ended January 31, 2024 Financial Results

Go back to Cognyte Reports Fourth Quarter and Fiscal Year Ended January 31, 2024 Financial Results

Cognyte Software Ltd. (CGNT) PT Raised to $7.50 at Evercore ISI

April 10, 2024 4:51 AM EDT

Evercore ISI analyst Kirk Materne raised the price target on Cognyte Software Ltd. (NASDAQ: CGNT) to $7.50 (from $5.00) while maintaining a In Line rating.

The analyst comments "CGNT delivered solid F4Q results with revenue coming in at $83.7mn, up 17.5% y/y (SIS Adj) vs. consensus of $80.1mn. Yesterdays reaction does not correlate with the execution and upbeat outlook. Commentary from mgmt sounded a bit more optimistic vs. what we have been hearing all year. With the macroeconomic climate stabilizing (more based on tax dollars vs.... More

Cognyte Software (CGNT) Tops Q4 EPS by 4c

April 9, 2024 7:19 AM EDT

Cognyte Software (NASDAQ: CGNT) reported Q4 EPS of ($0.23), $0.04 better than the analyst estimate of ($0.27). Revenue for the quarter came in at $83.7 million versus the consensus estimate of $80.11 million.

GUIDANCE:

Cognyte Software sees FY2025 EPS of ($0.13). Cognyte Software sees FY2025... More