share_log

Cognyte Secures ~$5M Follow-On Order With National Intelligence Organization

Benzinga ·  May 8 20:13

Ongoing partnership and third order underscores confidence in Cognyte solutions

Cognyte Software Ltd. (NASDAQ:CGNT) ("Cognyte"), a global leader in investigative analytics software, today announced that it received an approximately $5 million additional order from a national intelligence organization in the Europe-Middle East-Africa (EMEA) region, for its solution that helps identify and prevent threats during operations.

Including this latest order, Cognyte has received three orders from this customer over the past year, serving as a testament to the superiority of the company's technology. Through ongoing delivery of effective results, Cognyte's solutions enhance operational efficiency and create substantial value for the customer's operational teams.

"We have consistently delivered value to this customer with solutions that align to their evolving needs," said Efi Nuri, Cognyte's chief revenue officer. "The effectiveness of our technology, coupled with our ability to provide solutions that address the growing challenges our global customers face, continues to open opportunities for driving growth. We are pleased to expand our partnership with this customer and look forward to further collaboration."

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment