Cognyte (CGNT) Grew Total Software Revenue 21%. Can the Mix Offset Weak Billings?
Cognyte Software (CGNT) reported Q2 revenue up 12% to $109.2M, with software revenue rising 20.9% to $100.8M. Adjusted EBITDA increased 35.7% to $14.9M, but billings fell 18% YoY to $76.3M. The company aims to offset weak billings with a more profitable revenue mix, improved margins, and stronger cash generation.



