Cognyte Software Ltd. (CGNT) Q2 Earnings and Revenues Surpass Estimates
Cognyte Software reported Q2 earnings of $0.15 per share, beating consensus estimates of $0.09, with a 66.67% earnings surprise. Revenues reached $109.24 million, slightly exceeding estimates. However, the stock has underperformed the market, declining 12.5% year-to-date versus the S&P 500's 12.1% gain. The company holds a Zacks Rank #3 (Hold) rating with mixed estimate revisions.