eGain Corp reports results for the quarter ended in June 30 - Earnings Summary

eGain

05/09/2024 22:01

* eGain Corp  EGAN.OQ  reported quarterly adjusted earnings
of 8
cents​​ per share for the quarter ended June 30, lower than the
same quarter last year, when the company reported EPS of 11
cents.  The mean expectation of two analysts for the quarter was
for earnings of 3 cents per share. Wall Street expected
results to range from 2 cents to 3 cents per share.
    * Revenue fell 8.8% to $22.46 million from a year ago;
analysts
expected $21.36 million. 
    * eGain Corp's reported EPS for the quarter was 5 cents​.
    * The company reported quarterly net income of $1.51
million.
    * eGain Corp shares had risen by 3.5% this quarter and
lost 21.6%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is  "hold."

Wall Street's median 12-month price target for eGain Corp is
$9.00 
This summary was machine generated from LSEG data September 5 at
09:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.03           0.08           Beat
 Mar. 31 2024      0.07           0.08           Beat
 Dec. 31 2023      0.08           0.11           Beat
 Sep. 30 2023      0.07           0.12           Beat