Cognyte stock news
On September 8, 2026, Cognyte Software Ltd. (NASDAQ: CGNT) announced its financial results for the second quarter of fiscal year 2027, ending July 31, 2026. The company reported quarterly revenue of $112.4 million, representing a 12.5% year--over--year increase, driven by accelerated adoption of its AI--powered NEXYTE platform. Non--GAAP diluted EPS reached $0.12, significantly outperforming the analyst consensus of $0.07. Supported by a 25% growth in recurring subscription revenue and a robust multi--year backlog, Cognyte raised its full--year fiscal 2027 revenue guidance to a range of $450 million to $460 million, up from the previous midpoint of $440 million.