Earnings ·
Cognyte Software Ltd. reported second quarter results for the fiscal year ending January 31, 2027, showing revenue…
CGNTCognyte Software Ltd.
Cognyte Software Ltd. reported second quarter results for the fiscal year ending January 31, 2027, showing revenue growth of 12% to $109.2 million and adjusted EBITDA expansion of 35.7% to $14.9 million. Non-GAAP diluted EPS nearly doubled to $0.15 per share, while total software revenue increased 21% and recurring revenue grew 18%. The company ended the quarter with $102.2 million in cash and no debt, having repurchased approximately 1.5 million shares for $13.5 million during the first half of the fiscal year. Cognyte reaffirmed its full-year FYE27 outlook, targeting revenue of $448 million (midpoint) and adjusted EBITDA of approximately $68 million. Cognyte Software Ltd. operates in the cybersecurity industry, providing AI-powered investigative analytics solutions for law enforcement and national security agencies.