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.