1Q FY2025: Cognyte Software reports 12.9% YoY sales increase to $82.7M, beats consensus estimates, raises annual outlook.
📈 Cognyte Software (NASDAQ:CGNT) reported a 12.9% YoY sales increase to $82.714M in Q1 FY2025, beating consensus estimates. The adjusted EPS loss of $0.04 surpassed the consensus loss of $0.06. The company raised its annual outlook, expecting a revenue of $344M, an Adjusted EPS loss of $0.07, and an Adjusted EBITDA of $22M at the midpoint. Despite this, the stock fell 5.63% to $7.55.
June 18, 2024
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