The Law Offices of Frank R. Cruz announces an investigation of Cognyte Software Ltd. (“Cognyte” or the “Company”) (NASDAQ: CGNT) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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On April 5, 2022, Cognyte reported its fourth quarter 2021 financial results, including revenue of $125 million, which was about $3.5 million below the midpoint of the Company’s own guidance. Cognyte cited "lower conversions within its product pipeline," along with supply chain issues. During the related conference call, Cognyte’s Chief Executive Officer stated that “a longer sales cycle [resulted] in the lower-than-expected bookings in Q4” and acknowledged that management “didn’t execute well.”

On this news, Cognyte’s stock fell $3.63, or 31.1%, to close at $8.03 per share on April 5, 2022, thereby injuring investors.

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If you purchased Cognyte securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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