eGain reports record Q2 revenue of $25.6M, up 11% YoY; GAAP net loss narrows

EGAIN Corp

2023-Q2 EPS reported $0.00 revenue$50,363,000

SaaS revenue rose 15% YoY to $23.4M; total revenue beat guidance and consensus.
GAAP net loss was $104K ($0.00/sh) vs. $826K loss a year ago; non-GAAP net income $1.7M ($0.05/sh).
Operating cash flow $7.4M (29% margin); total cash $80.9M, up from $68.5M.
Q3 FY2023 revenue guided $23.0-23.5M; full-year FY2023 revenue guided $97-99M.
Launched eGain Instant Answers powered by Generative AI for knowledge users.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

EGAIN Corp reported fiscal quarter ended December 31, 2022 results: revenue $25.6 million, net income ($104,000), EPS ($0.00 per share).

Period: fiscal quarter ended December 31, 2022
Revenue: $25.6 million
Net income: ($104,000)
EPS: ($0.00 per share)
Result: reported results

Exact text from the filing

Total revenue was $25.6 million, up 11% year over year (15% in constant currency). ● SaaS revenue was $23.4 million, up 15% year over year (18% in constant currency). ● GAAP net loss was $104,000, or $0.00 per share on a basic and diluted basis, compared to GAAP net loss of $826,000, or $0.03 per share on a basic and diluted basis in Q2 2022.

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Source: SEC EDGAR

accession 0001558370-23-001272

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