Cognyte Software Q4 Net Loss Narrows, Sees Profit, Revenue Growth In FY26; Stock Up - Update

(RTTNews) - Cognyte Software Ltd. (CGNT), while reporting narrower net loss and higher revenues in its fourth quarter, on Wednesday issued fiscal 2026 outlook, expecting increased profit and revenues.

In pre-market activity on the Nasdaq, Cognyte Software shares were gaining around 3.7 percent to trade at $8.52.

For fiscal 2026, the Investigative analytics software provider projects adjusted earnings per share of $0.16, and adjusted EBITDA of approximately $43 million.

Revenue is expected to be $392 million at the midpoint with a range of +/-2%, representing around 12% growth from previous year revenue.

In fiscal 2025, adjusted earnings were 0.06 per share and adjusted EBITDA was $29.11 million with revenue of $350.63 million.

David Abadi, Cognyte's chief financial officer, said, "For fiscal 2026, we expect another year of double-digit revenue growth with profitability growing significantly faster than the top line."

In its fourth quarter, net loss was $1.23 million, narrower than loss of $2.61 million in the same period last year. Loss per share was $0.02, compared to loss of $0.04 per share a year ago.

Adjusted earnings were $1.98 million or $0.03 per share for the period.

Revenue grew to $94.51 million from $83.69 million in the same period last year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.