National Security Agency In The Asia-Pacific Region Ramps Up Solution Capacity With $4M Cognyte Order
Portfolio Pulse from Benzinga Newsdesk
Cognyte Software Ltd. (NASDAQ:CGNT) announced that a national security agency in the Asia-Pacific region has exercised a $4 million option to expand its investigative analytics solutions. This expansion will help the agency manage growing data volumes and enhance public safety.
August 15, 2024 | 4:05 pm
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Cognyte Software Ltd. received a $4 million order from a national security agency in the Asia-Pacific region to expand its investigative analytics solutions. This order is expected to positively impact Cognyte's revenue and stock price in the short term.
The $4 million order from a national security agency in the APAC region is a significant revenue boost for Cognyte. This expansion indicates strong demand for their solutions, which is likely to positively impact their stock price in the short term.
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