Cognyte Software Ltd Expects FY24 Revenue of $307M, +/- 2% (Prior $303M, +/- 2%) Vs $302.53M Est, EPS loss of $(0.33) (Prior $(0.53)) Vs $(0.55) Est
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Cognyte Software Ltd has updated its FY24 outlook, expecting a revenue of $307M, which is an 8.5% growth from the previous year. The company also anticipates an EPS loss of $0.33, an improvement from the prior estimate of $0.53 loss.
September 12, 2023 | 11:07 am
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Cognyte Software Ltd's updated FY24 outlook indicates an expected revenue growth and a reduced EPS loss, which could be seen positively by investors.
Cognyte Software Ltd's updated FY24 outlook shows an expected increase in revenue and a reduced EPS loss compared to prior estimates. This indicates that the company's financial performance is improving, which could positively impact its stock price in the short term.
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