Stock Track | Cognyte Software Soars 15.78% in Pre-Market Trading on Positive Q3 Results

Stock Track12-11

Cognyte Software Ltd. (CGNT) stock soared 15.78% in pre-market trading on Wednesday, following the company's release of its third quarter fiscal 2025 financial results.

The Israel-based software company reported revenue of $89 million for the quarter, surpassing analysts' expectations. While the company posted a net loss of $2.56 million, its operating performance and outlook for the future seem to have impressed investors.

According to the earnings release, Cognyte saw strong growth in its recurring revenue and backlog, indicating robust demand for its products and services. The company's strategic initiatives to expand its product offerings and enhance its cloud capabilities appear to be paying off, positioning it well for future growth.

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(CGNT) stock soared 15.78% in pre-market trading on Wednesday, following the company's release of its third quarter fiscal 2025 financial results.\nThe Israel-based software ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CGNT","symbol_name":"Cognyte Software Ltd.","start_time":0,"source_url":"","article_id":"1117153605","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1117153605","pubTimestamp":1733918792,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Cognyte Software Ltd.  stock soared 15.78% in pre-market trading on Wednesday, following the company's release of its third quarter fiscal 2025 financial results.The Israel-based software company reported revenue of $89 million for the quarter, surpassing analysts' expectations. 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