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Cognyte Software (CGNT) Q2 2025 Earnings Call Transcript Summary

Futu News ·  Sep 10 22:53  · Conference Call

The following is a summary of the Cognyte Software (CGNT) Q2 2025 Earnings Call Transcript:

Financial Performance:

  • Cognyte Software reported Q2 revenue of $84 million, a 10% year-over-year increase.

  • Non-GAAP gross profit rose 13% year-over-year, with gross margins improving significantly.

  • Adjusted EBITDA for Q2 was $8 million, more than three times the figure from the same quarter last year.

  • The company has raised its full-year revenue outlook to approximately $347 million, representing about 11% year-over-year growth.

Business Progress:

  • Cognyte secured three substantial follow-on orders each valued over $10 million from two international security agencies and a law enforcement agency.

  • The company continues to innovate, particularly in AI-driven threat intelligence solutions, highlighted by its Luminar AI insights.

  • Expansion into new customer segments with eight deals won in North America, replacing incumbent solutions and demonstrating the high value and superiority of Cognyte's technology.

Opportunities:

  • Enhanced engagements and new offerings to existing customers which are driving increased business opportunities.

  • The advancement of generative AI technologies in cybersecurity, predicted to support faster response times to threats, aligns with the company's developments in their Luminar solution.

Risks:

  • No explicit risks detected from the provided text.

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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