eGain Reports 40% Growth Year over Year in SaaS Revenue (46% growth under ASC 605)
eGain Corporation (EGAN)
Last egain corporation earnings: 2/6 04:05 pm
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egain.com/company/investors
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Source: GlobeNewswire
SUNNYVALE, Calif., Nov. 08, 2018 (GLOBE NEWSWIRE) -- eGain (NASDAQ: EGAN), a leading provider of cloud customer engagement solutions, today announced financial results for its fiscal 2019 first quarter ended September 30, 2018. Ashu Roy, eGain CEO, commented, “Our SaaS and subscription revenue grew nicely in the first quarter. We also generated $3.3 million in operating cash, helping us achieve GAAP profitability for the quarter. Our pipeline is strengthening around our exciting virtual assistant offering. We look forward to hosting customers, partners and thought leaders at eGain DX18 in Chicago next week.” Adoption of the New Revenue Recognition Standard - ASC 606eGain adopted the new revenue recognition accounting standard Accounting Standards Codification (“ASC”) 606 effective July 1, 2018 on a modified retrospective basis. Financial results for reporting periods during fiscal 2019 are presented in compliance with the new revenue recognition standard. Historical financial res
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- Institutional investors own a significant stake of 40% in eGain Corporation (NASDAQ:EGAN) [Yahoo! Finance]Yahoo! Finance
- EGain (EGAN) Ascends But Remains Behind Market: Some Facts to Note [Yahoo! Finance]Yahoo! Finance
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