earnings
confidence high
sentiment positive
materiality 0.80
eGain reports record Q1 revenue $21.5M (+13% YoY); raises FY2022 revenue guidance
EGAIN Corp
2022-Q1 EPS reported
$0.02
revenue$21,451,000
- Q1 total revenue $21.5M (record), up 13% YoY; SaaS revenue $19.2M, up 20% YoY.
- GAAP net income $551K ($0.02 diluted EPS) vs $2.0M ($0.06) in Q1 FY2021.
- Non-GAAP net income $2.7M ($0.08 diluted EPS), flat YoY on per-share basis.
- Subscription non-GAAP gross margin 83%; total non-GAAP gross margin 78%, up 200 bps YoY.
- FY2022 revenue guidance raised to $89.0M-$90.5M (14-16% growth) from prior $88.2M-$89.8M.