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

eGain

02/11/2023 22:35

* eGain Corp  EGAN.OQ  reported quarterly adjusted earnings
of 12
cents​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of 6 cents.  The mean expectation of two analysts for the
quarter was for earnings of 7 cents per share. 
    * Revenue fell 2.4% to $24.18 million from a year ago;
analysts
expected $23.86 million. 
    * eGain Corp's reported EPS for the quarter was 8 cents​.
    * The company reported quarterly net income of $2.6 million.
    * eGain Corp shares had fallen by 2.4% this quarter and
lost 33.8%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 16.7%
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
$11.00 
This summary was machine generated from LSEG data November 2 at
10:35 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.07           0.12           Beat
 Jun. 30 2023      0.06           0.11           Beat
 Mar. 31 2023      0.01           0.03           Beat
 Dec. 31 2022      0.04           0.05           Beat