Zacks Investment Research
04 Jun 2026, 14:46 UTC · 6h ago
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Cognyte Software reported first-quarter fiscal 2027 revenues of $105.5 million, reflecting year-over-year growth of approximately 10%. — Moderate revenue growth demonstrates steady demand and validates the company's current business model.
+0.30Cognyte is expanding its capabilities into the financial crime investigation sector to address regulatory pressure and fraud losses. — Diversification into a high-growth vertical like financial crime provides a potential new long-term revenue engine.
+0.20A Tier 1 military intelligence agency in EMEA utilized Cognyte's platform to fight terror financing, resulting in a National Ministry of Defense Innovation Award. — Validation from a high-profile government client acts as a strong proof-of-concept for their investigative analytics.
+0.15Ticker attribution
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The company reported revenue growth and is seeing success in financial crime investigation tools, including a Ministry of Defense award.
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