Benzinga | Nov 10, 2020 04:37PM EST

Recap: eGain Q1 Earnings

Shares of eGain (NASDAQ:EGAN) fell 21% in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 60.00% over the past year to $0.08, which beat the estimate of $0.06.

Revenue of $19,063,000 higher by 10.90% year over year, which beat the estimate of $19,000,000.

Looking Ahead

eGain Sees Q2 Adj. EPS $(0.02)-$0.02 vs $0.06 Est., Sales $18.1M-$18.7M vs $19.84M Est.

Details Of The Call

Date: Nov 10, 2020

Time: 05:00 PM

ET Webcast URL: https://streaming.webcasts.com/starthere.jsp?ei=1396493&tp_key=d42e74af10

Price Action

Company's 52-week high was at $20.88

Company's 52-week low was at $4.80

Price action over last quarter: Up 51.34%

Company Description

eGain Corp automates customer engagement with an innovative Software as a service (SaaS) platform, powered by deep digital, Artificial intelligence (AI), and knowledge capabilities. It operates in the United States, the United Kingdom, and India. The company derives the majority of its revenues from North America. It provides its products to industries such as financial services, telecommunications, retail, government, healthcare, and utilities.