Cognyte Reports Strong Q4 & FY26 Results with Double-Digit Growth, Profitability Turnaround; Boosts FY27 Outlook and Share Buyback
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Cognyte Software Ltd. announced robust fourth quarter and fiscal year 2026 financial results, showcasing significant double-digit revenue growth and a strong turnaround in profitability. For Q4 FY26, revenue increased by 12.4% to $106.2 million, with GAAP net income reaching $5.1 million compared to a net loss in the prior year. Full-year FY26 revenue grew 14.1% to $400.0 million, with GAAP operating income turning positive at $13.3 million from a loss last year. The company also provided an upbeat fiscal 2027 outlook, projecting approximately 12% year-over-year revenue growth to $448 million and a substantial 40% increase in Adjusted EBITDA to $68 million. Furthermore, the board approved a $20 million increase to its existing share repurchase program, demonstrating confidence in future prospects and commitment to shareholder returns. This comprehensive positive report, including strong performance, optimistic guidance, and capital allocation, is highly material for traders.
At the time of this announcement, CGNT was trading at $8.04 on NASDAQ in the Technology sector, with a market capitalization of approximately $575.5M. The 52-week trading range was $6.29 to $11.66. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Dow Jones Newswires.