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CGNT — COGNYTE SOFTWARE News Story

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Cognyte rises after quarterly results beat

BUZZ-Cognyte rises after quarterly results beat

** Shares of software provider Cognyte Software CGNT.O up ~9% at $8.97 premarket

** Co beats Q2 revenue and profit estimates, helped by strong software demand and subscription adoptions

** Reports quarterly revenue of $109.2 million, beating analysts' avg. estimate of $108.6 million - data compiled by LSEG

** Logs Q2 adjusted EPS of 15 cents, topping expectations of 9 cents

** Co reiterates FY27 forecasts

** Up to last close, stock down ~12% YTD


(Reporting by Shania S Thomas in Bengaluru)

((shanias.thomas@thomsonreuters.com))

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