Cognyte Software shares are trading higher after the company reported better-than-expected Q1 earnings and raised its FY25 revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
Cognyte Software shares are trading higher after the company reported better-than-expected Q1 earnings and raised its FY25 revenue guidance.
June 18, 2024 | 11:30 am
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Cognyte Software shares are trading higher after the company reported better-than-expected Q1 earnings and raised its FY25 revenue guidance.
The better-than-expected Q1 earnings and raised FY25 revenue guidance are strong positive indicators for Cognyte Software, likely leading to increased investor confidence and a short-term rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100