Cognyte's revenues have slipped slightly since it started its independent existence. The company reported $124 million at the top line in its April fiscal 4Q21 report, and its most recent quarterly report, released in September, showed $115.9 million at the top line. Even though the revenues have sipped, the company's EPS loss has moderated, from 36 cents to 17 cents. It's important to note that the company's fiscal 2Q22 results beat market expectations, that an increase in software-related revenues has pushed the gross margin up to 72.3% and helped increase profits by 16% in the second fiscal quarter.