ET 17:10

EGain Reports Q2 Profit Beat, Revenue Exceeds Expectations: EGAN

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Earnings

[Para 1: The Lead] EGain Corp. (EGAN) reported a fiscal second-quarter profit of $2.3 million, surpassing Wall Street expectations. The company's earnings per share were 8 cents, adjusted for stock option expense, marking a 11 cents per share, exceeding forecasts by 40% on a per-share basis. Revenue of $23 million also topped analyst estimates of $22.5 million. [Para 2-3: Supporting details & Context] EGain, a provider of customer engagement software, forecasted first-quarter earnings between 6 cents and 8 cents per share, with revenue expected in the range of $22.2 million to $22.7 million. For the full fiscal year, EGain anticipates earnings in the range of 31 cents to 36 cents per share, with revenue projected between $90.5 million and $92 million. The company's strong performance reflects growing demand for its customer engagement solutions.

EditorThomas Ho