Cognyte Software Ltd. announced its Q2 FY2027 earnings call summary, highlighting a 21% year-over-year increase in software revenue, significantly outpacing total revenue growth. This reflects the company's transition towards high-quality, scalable revenue streams. Management attributed the strong performance to increased government demand for national security, border security, and public safety. The company reiterated its confidence in achieving the FY2028 revenue target of $500 million and appointed Adam Philpott as Chief Revenue Officer. Cognyte also strategically invested in inventory to mitigate supply chain risks and price increases, and anticipates signing $20 million in federal and state/local agency agreements in the U.S. market this fiscal year.