Cognyte Software Ltd. reported earnings results for the second quarter and six months ended July 31, 2023. For the second quarter, the company reported revenue was USD 77.05 million compared to USD 81.11 million a year ago. Net loss was USD 9.43 million compared to USD 28.87 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.43 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to USD 0.43 a year ago.
For the six months, revenue was USD 150.32 million compared to USD 167.55 million a year ago. Net loss was USD 18.18 million compared to USD 59.24 million a year ago. Basic loss per share from continuing operations was USD 0.26 compared to USD 0.88 a year ago. Diluted loss per share from continuing operations was USD 0.26 compared to USD 0.88 a year ago.