Recap: Cognyte Software Q1 Earnings

Cognyte Software CGNT reported its Q1 earnings results on Thursday, June 15, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Cognyte Software missed estimated earnings by 4.55%, reporting an EPS of $-0.23 versus an estimate of $-0.22.

Revenue was down $13.31 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 5.93% increase in the share price the next day.

Here's a look at Cognyte Software's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate -0.18 -0.20 -0.17 0.10
EPS Actual -0.16 -0.25 -0.04 -0.79
Revenue Estimate 66.80M 78.93M 92.49M 112.60M
Revenue Actual 73.57M 71.50M 81.35M 86.69M

To track all earnings releases for Cognyte Software visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
▲▼
ticker
▲▼
name
▲▼
Actual EPS
▲▼
EPS Surprise
▲▼
Actual Rev
▲▼
Rev Surprise
▲▼
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!