Cognyte reports Q1 EPS (4c) vs (11c) last year

Reports Q1 revenue $82.714M vs $73.266M last year. “We had a solid start to the year as we continued to deliver revenue growth and margin expansion,” said Elad Sharon, Cognyte’s chief executive officer. “Our results demonstrate the leverage we have built into our business model. Our customers are facing significant, growing and evolving challenges and look to us for solutions to effectively perform their missions and make the world safer. Given our momentum and good visibility, we increased our outlook for FYE25. We continue to be excited about the opportunities in front of us and believe we are positioned for sustainable growth and continuing improvement in profitability.”