Cognyte Software Ltd. reported earnings results for the third quarter and nine months ended October 31, 2023. For the third quarter, the company reported revenue was USD 79.39 million compared to USD 71.25 million a year ago. Net income was USD 5.22 million compared to net loss of USD 27.79 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to basic loss per share from continuing operations of USD 0.41 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to diluted loss per share from continuing operations of USD 0.41 a year ago.
For the nine months, revenue was USD 229.71 million compared to USD 238.8 million a year ago. Net loss was USD 12.96 million compared to USD 87.03 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to USD 1.29 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to USD 1.29 a year ago.