Cognyte Software shares are trading higher after the company reported better-than-expected Q2 financial results and issued FY24 EPS and revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Cognyte Software reported better-than-expected Q2 financial results and issued FY24 EPS and revenue guidance above estimates, leading to a rise in its share prices.
September 12, 2023 | 12:50 pm
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Cognyte Software's better-than-expected Q2 results and positive FY24 guidance have led to an increase in its share prices.
Cognyte Software's shares are trading higher due to the company's better-than-expected Q2 financial results and its issuance of FY24 EPS and revenue guidance above estimates. This positive financial performance and optimistic future outlook are likely to attract investors, leading to increased demand for the company's shares and a consequent rise in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100