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Cognyte Software Ltd. Ordinary Shares - CGNT STOCK NEWS

Welcome to our dedicated page for Cognyte Software Ltd. Ordinary Shares news (Ticker: CGNT), a resource for investors and traders seeking the latest updates and insights on Cognyte Software Ltd. Ordinary Shares stock.

Cognyte Software Ltd. (CGNT) is a leading provider of security analytics software that empowers both governments and enterprises with actionable intelligence. Its core business revolves around creating sophisticated software solutions designed to enhance the effectiveness and efficiency of investigations and decision-making processes. The company’s flagship products include advanced analytics tools that help users accelerate their investigative capabilities, paving the way for quick and informed decisions.

What Cognyte Does: Cognyte’s software suite is engineered to integrate seamlessly with existing systems, providing users with a comprehensive interface that allows for the swift analysis of large data sets. This feature is particularly crucial for organizations dealing with security and intelligence, where timely and accurate information is paramount.

Recent Achievements and Projects: Recently, Cognyte has been involved in several high-profile projects aimed at enhancing public safety and security. These include partnerships with governmental agencies and private enterprises, focusing on developing tailor-made solutions that address specific security challenges. The company continues to invest heavily in research and development to stay ahead of the evolving threat landscape.

Financial Condition: Financially, Cognyte has shown a resilient performance amidst a challenging economic environment. The company has consistently reported strong revenue growth, backed by its robust portfolio of products and solutions. Investors have shown confidence in Cognyte's strategic direction and its ability to innovate and lead in the security analytics space.

Partnerships and Collaborations: Cognyte maintains strategic partnerships with several technology firms and government bodies. These collaborations are aimed at combining expertise and resources to deliver cutting-edge security solutions that are both effective and scalable. Their collaborative efforts ensure that Cognyte remains at the forefront of security analytics technology.

Product Offerings: The company offers a range of products designed to meet the diverse needs of its clients. These include tools for cybersecurity, data analytics, threat detection, and intelligence gathering. Each product is designed with the user in mind, ensuring ease of use, comprehensive functionality, and seamless integration.

In summary, Cognyte Software Ltd. is a pivotal player in the security analytics industry, providing indispensable tools that help organizations safeguard their operations and make informed decisions. With its innovative approach, solid financial standing, and strategic partnerships, Cognyte is well-positioned to continue its growth trajectory and provide exceptional value to its clients and stakeholders.

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Cognyte Software (CGNT) reported strong revenue growth and margin expansion in Q4 FYE24 and FYE24. Revenue reached $83.7 million in Q4 and $313.4 million for the year. Gross margin improved to 69.0% in Q4 and 69.2% for the year. The company guides fiscal 2025 revenue to approximately $340 million with faster gross margin growth and doubling of adjusted EBITDA.
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Cognyte Software (NASDAQ: CGNT) appoints Ron Shvili and Sarit Sagiv to its Board of Directors, replacing Karmit Shilo and Zvika Naggan. The new members bring extensive expertise in technology, finance, and strategic leadership. Ron Shvili has a background in telecommunications, financial sectors, and AI industries, while Sarit Sagiv has experience in executive roles and board memberships in leading companies.
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Cognyte Software (CGNT) will hold a conference call on April 9, 2024, to discuss its financial results for fiscal 2024. Participants can join the real-time webcast for insights.
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Cognyte Software Ltd. rings the Nasdaq Stock Market opening bell to celebrate thirty years of providing investigative analytics software and its third anniversary as a publicly traded company. CEO Elad Sharon and CFO David Abadi participated in the ceremony, emphasizing the company's commitment to making the world a safer place.
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Cognyte Software Ltd. (CGNT) has announced the release of a significant update to its LUMINAR external threat intelligence solution, incorporating generative artificial intelligence (GenAI) capabilities and a new AI-driven dashboard. The release aims to provide added value to current and new customers by addressing resource-intensive tasks related to cybersecurity incidents, and enabling quicker responses to potential security threats and risks.
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Cognyte Software Ltd. (NASDAQ: CGNT) announced that its CEO and CFO will hold a virtual fireside chat at the 26th Annual Needham Growth Conference on January 16, 2024. The webcast and replay will be available on the company's website.
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Cognyte Software Ltd. (NASDAQ: CGNT) announces third quarter results ahead of expectations, increasing full-year outlook. Q3 FYE24 revenue: $79,394, gross margin: 69.7%, diluted EPS: $0.07. YTD FYE24 revenue: $229,713, gross margin: 68.8%, diluted EPS: $(0.19). CEO Elad Sharon expresses confidence in the company's performance, raising guidance for the year and expecting revenue to grow by approximately 10 percent.
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Cognyte Software Ltd. (NASDAQ: CGNT) will conduct a conference call on December 13, 2023, to review its third quarter fiscal 2024 financial results. The call will be available via webcast and interested participants can register for the question-and-answer session.
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Cognyte Software Ltd. (NASDAQ: CGNT) announces CEO and CFO fireside chat at Needham Virtual Conference
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Cognyte Software announces solid Q2 results and raises full-year outlook. Non-GAAP revenue, gross margin, and EPS expected to increase. Gross profit to grow over 15% YoY. Annual positive Adjusted EBITDA of about $2M expected. FYE24 revenue outlook of $307 million, representing 8.5% growth. Diluted EPS loss of $0.33. Stock-based compensation estimated between $11.0M and $13.0M.
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FAQ

What is the current stock price of Cognyte Software Ltd. Ordinary Shares (CGNT)?

The current stock price of Cognyte Software Ltd. Ordinary Shares (CGNT) is $8.67 as of December 20, 2024.

What is the market cap of Cognyte Software Ltd. Ordinary Shares (CGNT)?

The market cap of Cognyte Software Ltd. Ordinary Shares (CGNT) is approximately 607.7M.

What does Cognyte Software Ltd. do?

Cognyte Software Ltd. provides security analytics software to governments and enterprises, enhancing their investigative and decision-making processes.

What are Cognyte's core products?

Cognyte's core products include advanced analytics tools for cybersecurity, data analysis, threat detection, and intelligence gathering.

Who are Cognyte's primary clients?

Cognyte's primary clients are governmental agencies and private enterprises that require enhanced security and intelligence capabilities.

How does Cognyte's software benefit its users?

Cognyte's software helps users accelerate and improve the effectiveness of their investigations and decision-making by providing actionable intelligence.

What recent achievements has Cognyte made?

Cognyte has been involved in several high-profile projects aimed at enhancing public safety and security, in partnership with governmental and private entities.

What is Cognyte's financial performance like?

Cognyte has shown strong revenue growth and a resilient financial performance, backed by its robust product portfolio and strategic direction.

Who are Cognyte's strategic partners?

Cognyte has strategic partnerships with various technology firms and government bodies to deliver effective and scalable security solutions.

What industries does Cognyte serve?

Cognyte serves industries that require enhanced security and intelligence, including government, law enforcement, and various private sector enterprises.

How does Cognyte invest in innovation?

Cognyte invests heavily in research and development to stay ahead of evolving security threats and to develop cutting-edge security analytics solutions.

What sets Cognyte apart from its competitors?

Cognyte's comprehensive and user-friendly software, combined with its strong financial performance and strategic partnerships, set it apart from its competitors.

Cognyte Software Ltd. Ordinary Shares

Nasdaq:CGNT

CGNT Rankings

CGNT Stock Data

607.68M
70.22M
2.44%
80.16%
0.81%
Software - Infrastructure
Technology
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United States of America
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