• Cognyte Software Ltd CGNT.OQ reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of two analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from -1 cents to 2 cents per share.

• Revenue rose 15.5% to $95.55 million from a year ago; analysts expected $93.96 million.

• Cognyte Software Ltd shares had risen by 41.2% this quarter and gained 27.3% so far this year.

FORECAST CHANGES

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is "buy."

• Wall Street's median 12-month price target for Cognyte Software Ltd is $10.00

This summary was machine generated from LSEG data June 11 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)