eGain Reports 31% SaaS Revenue Growth in Fiscal Third Quarter
eGain Corporation (EGAN)
Last egain corporation earnings: 2/6 04:05 pm
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Source: GlobeNewswire
SUNNYVALE, Calif., May 08, 2019 (GLOBE NEWSWIRE) -- eGain (NASDAQ: EGAN), a leading provider of cloud customer engagement solutions, today announced financial results for its fiscal 2019 third quarter ended March 31, 2019. Ashu Roy, eGain CEO, commented, “We are pleased with our financial performance in the third quarter, with healthy SaaS revenue, net income and cash flow from operations. We also completed a successful equity raise to strengthen our balance sheet, positioning us well to capitalize on strong market demand for AI-powered digital customer engagement.” Fiscal 2019 Third Quarter Financial Highlights – ASC 606 (standard adopted effective July 1, 2018): Total revenue was $17.0 million, up 8% year over year.SaaS revenue was $11.8 million, up 31% year over year.Subscription revenue, which includes SaaS and legacy support revenue, was $15.3 million, up 15% year over year and comprises of 90% of total revenue.GAAP net income was $1.4 mil
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EGAN
Earnings
- 2/8/24 - Beat
EGAN
Sec Filings
- 2/14/24 - Form SC
- 2/13/24 - Form SC
- 2/8/24 - Form 10-Q
- EGAN's page on the SEC website