(Adds Outlook)
For the full year, Cognyte Software Ltd. (CGNT) expects adjusted loss per share of $0.13, on revenue of $340 million. Revenue outlook comes in above analysts' estimate of $333.46 million.
CGNT was trading up by 3.33 percent at $8.69 in the pre-market trade on the Nasdaq.
Cognyte Software Ltd. (CGNT) announced Loss for fourth quarter that decreased from the same period last year
The company's earnings totaled -$2.614 million, or -$0.04 per share. This compares with -$27.104 million, or -$0.40 per share, in last year's fourth quarter.
Excluding items, Cognyte Software Ltd. reported adjusted earnings of -$16.350 million or -$0.23 per share for the period.
The company's revenue for the quarter rose 14.2% to $83.691 million from $73.261 million last year.
Cognyte Software Ltd. earnings at a glance (GAAP) :
-Earnings (Q4): -$2.614 Mln. vs. -$27.104 Mln. last year.
-EPS (Q4): -$0.04 vs. -$0.40 last year.
-Revenue (Q4): $83.691 Mln vs. $73.261 Mln last year.
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