Cognyte Shares Drop Over 20% After Q1 Earnings Miss Despite Revenue Beat

Cognyte Software (NASDAQ:CGNT) shares fell more than 20% in premarket trading after reporting first-quarter fiscal 2027 earnings that missed analyst expectations, despite revenue beating forecasts. The stock decline highlights investor focus on profitability concerns rather than top-line growth.

By Fiona Craig Wed, June 3, 2026 at 4:48 PM GMT+3 3 min read · Yahoo Finance ·

Cognyte Shares Drop Over 20% After Q1 Earnings Miss Despite Revenue Beat

Topics: Earnings Revenue Beat Stock Movement

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