Cognyte Boosts FY24 Revenue Outlook To $303M At The Midpoint With Range Of +/- 2% From Prior View Of $300M At Midpoint With Range Of +/- 2%
Portfolio Pulse from Benzinga Newsdesk
Cognyte has increased its FY24 revenue outlook to $303 million at the midpoint, with a range of +/- 2%, up from the previous estimate of $300 million at the midpoint with a range of +/- 2%.
June 15, 2023 | 11:05 am
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POSITIVE IMPACT
Cognyte has raised its FY24 revenue outlook, which may positively impact its stock price in the short term.
Cognyte has increased its FY24 revenue outlook, signaling confidence in its future performance. This news is likely to be seen as positive by investors, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100