Cognyte Software Q2 Adj EPS $(0.09) Beats $(0.22) Estimate, Sales $77.05M Beat $76.22M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cognyte Software reported Q2 adjusted EPS of $(0.09), beating the estimate of $(0.22) by 59.09%. The company's sales of $77.05M also surpassed the estimate of $76.22M by 1.09%. However, these figures represent a decrease from the same period last year.
September 12, 2023 | 11:01 am
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Cognyte Software's Q2 results surpassed estimates, but are lower than last year's figures.
While Cognyte Software beat estimates for Q2, the decrease from last year's figures may cause some concern among investors, potentially leading to a neutral short-term impact on the stock.
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RELEVANCE 100