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

COGNYTE SOFTWARE

20/12/2022 14:31

* Cognyte Software Ltd  CGNT.OQ  reported a quarterly
adjusted
loss of 25 cents​​ per share for the quarter ended in October.
The mean expectation of six analysts for the quarter was for a
loss of 20 cents per share.
    * Revenue fell 40% to $71.25 million from a year ago;
analysts
expected $78.93 million. 
    * Cognyte Software Ltd's reported EPS for the quarter was a
loss
of 41 cents​.
    * The mean earnings estimate of analysts had fallen by
about 224.7% 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 fallen by 41.8% this
quarter and
lost 85.0% so far this year.
    * The company reported a quarterly loss of $27.79 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 December
20 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2022      -0.20          -0.25          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