earnings
confidence high
sentiment neutral
materiality 0.75
eGain reports record Q1 revenue $24.8M (+15% YoY); guides FY23 rev $100-102M; authorizes $20M buyback
EGAIN Corp
2023-Q1 EPS reported
$0.00
revenue$24,763,000
- Total revenue $24.8M (+15% YoY, +20% constant currency); SaaS revenue $22.6M (+18% YoY).
- GAAP net loss of $16K vs $551K income prior year; Non-GAAP net income $2.0M ($0.06/sh).
- FY2023 revenue guidance $100-102M (9-11% growth); Non-GAAP EPS $0.16-$0.19.
- Board authorized $20M stock repurchase program, effective one year.
- Cash and equivalents $71.5M; Q2 rev guidance $25.0-25.4M.