Cognyte Software Ltd reports results for the quarter ended in July - Earnings Summary

COGNYTE SOFTWARE

28/09/2022 23:35

* Cognyte Software Ltd  CGNT.OQ  reported a quarterly
adjusted
loss of 4 cents​​ per share for the quarter ended in July. The
mean expectation of six analysts for the quarter was for a loss
of 17 cents per share.
    * Revenue fell 30.1% to $81.35 million from a year ago;
analysts
expected $92.49 million. 
    * Cognyte Software Ltd's reported EPS for the quarter was a
loss
of 43 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Cognyte Software Ltd shares had risen by 3.5% this
quarter and
lost 71.9% so far this year.
    * The company reported a quarterly loss of $28.87 million.
    * Wall Street's median 12-month price target for Cognyte
Software
Ltd is $5.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data September
28 at 10:35 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      -0.17          -0.04          Beat
 Apr. 30 2022      0.10           -0.79          Missed
 Jan. 31 2022      0.22           0.16           Missed
 Oct. 31 2021      0.10           0.21           Beat