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HERZLIYA, Israel -On Wednesday, Cognyte Software (ETR:SOWGn) Ltd. (NASDAQ:CGNT), the investigative analytics software company, reported better-than-expected fourth quarter results and issued upbeat guidance for fiscal 2026.
The company’s shares soared 8.27% in premarket trading after the release.
The company posted adjusted earnings per share of $0.03 for the fourth quarter, beating analyst estimates of $0.01. Revenue came in at $94.5 million, surpassing the consensus forecast of $93.15 million and marking a 13% increase YoY.
"Our strong performance in fiscal year 2025 speaks to the value our innovation provides and the trust customers place in Cognyte," said CEO Elad Sharon.
For fiscal 2026, Cognyte expects revenue of approximately $392 million, well above analyst projections of $373.5 million. The company anticipates adjusted EBITDA of around $43 million and non-GAAP diluted EPS of $0.16 at the midpoint of its revenue outlook.
The upbeat guidance suggests continued momentum for Cognyte’s investigative analytics solutions. The company highlighted its strategy of deepening relationships with existing customers and expanding into new accounts.
Cognyte ended the fourth quarter with a cash position of $113.1 million, up from $83.1 million a year earlier. Net cash provided by operating activities was $18.7 million for the quarter and $46.8 million for the full year.
The strong results and outlook drove the sharp after-hours rally in Cognyte shares, as investors cheered the company’s growth trajectory and improving profitability.
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