Cognyte Announces Second Quarter Fiscal 2024 Results, Increases Full-Year Outlook
Cognyte (CGNT) reported a loss of $0.09 per share on revenue of $77.05 million for the fiscal second quarter ended July 2023. The consensus EPS estimate was a loss of $0.21 per share and revenue estimate was $76.22 million.
The company said it now expects a fiscal year non-GAAP loss of approximately $0.33 per share on revenue of $300.9 million to $313.1 million. The company's previous guidance was a loss of approximately $0.53 per share on revenue of $296.9 million to $309.1 million for the year ending January 31, 2024.
Cognyte is a global leader in security analytics software that empowers governments and enterprises with Actionable Intelligence for a Safer World™.