eGain Reports 53% SaaS Revenue Growth in Fiscal Second Quarter; Raises Annual Revenue Guidance
eGain Corporation (EGAN)
Last egain corporation earnings: 2/6 04:05 pm
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Source: GlobeNewswire
SUNNYVALE, Calif., Feb. 07, 2019 (GLOBE NEWSWIRE) -- eGain (NASDAQ: EGAN), a leading provider of cloud customer engagement solutions, today announced financial results for its fiscal 2019 second quarter ended December 31, 2018. Ashu Roy, eGain CEO, commented, “We are pleased with the strong top and bottom-line performance we achieved in the second quarter. We hosted a successful DX18 customer event in Chicago and we are encouraged to see growing demand for AI-powered digital customer engagement.” Fiscal 2019 Second Quarter Financial Highlights – ASC 606 (standard adopted effective July 1, 2018): Total revenue was $17.7 million, up 15% year over.SaaS revenue was $11.9 million, up 53% year over year.Subscription revenue, which includes SaaS and legacy support revenue, was $15.8 million, up 25% year over year and 89% of total revenue.GAAP net income was $2.0 million, or $0.07 per share on a basic and diluted basis, compared to a GAAP net loss of $788,000, or $(0.03) per share
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Earnings
- 5/9/24 - Beat
EGAN
Sec Filings
- 5/9/24 - Form 10-Q
- 5/9/24 - Form 8-K
- 2/14/24 - Form SC
- EGAN's page on the SEC website