Cognyte Software Shares Rise After Higher 4Q Revenue

Dow Jones03-25 22:08

By Chris Wack

Cognyte Software shares were 14% higher, at $9, after the company said its fourth-quarter revenue rose, and it swung to a profit for the quarter.

The company also said it won a $5 million contract from a tier-1 U.S. law enforcement agency.

The packaged-software company said it had quarterly earnings of $5.1 million, or 5 cents a share, compared with a loss of $216,000, or 2 cents a share, in the same quarter last year.

Revenue for the quarter was $106.2 million, compared with last year's $94.5 million.

For 2027, the company is looking for revenue of $448 million, and adjusted earnings of 47 cents a share. Analysts polled by FactSet are expecting revenue of $442.6 million.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

March 25, 2026 10:08 ET (14:08 GMT)

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