Cognyte Software Ltd. (CGNT) Q2 Earnings and Revenues Top Estimates

分组1 - Cognyte Software Ltd. reported quarterly earnings of $0.05 per share, exceeding the Zacks Consensus Estimate of a loss of $0.02 per share, and showing improvement from a loss of $0.09 per share a year ago, resulting in an earnings surprise of 350% [1] - The company achieved revenues of $84.41 million for the quarter ended July 2024, surpassing the Zacks Consensus Estimate by 0.02%, and up from $77.05 million in the same quarter last year [2] - Cognyte Software shares have increased approximately 15.7% since the beginning of the year, outperforming the S&P 500's gain of 14.7% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is -$0.01 on revenues of $86.8 million, and for the current fiscal year, it is -$0.07 on revenues of $344.7 million [7] - The Internet - Software industry, to which Cognyte Software belongs, is currently ranked in the top 33% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]