secwatch.observer — SEC 8-K summary
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Issuer:     EGAIN Corp (EGAN)
CIK:        0001066194
Form:       8-K
Filed at:   2023-02-14T23:59:59+00:00
Accession:  0001558370-23-001272
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1066194/000155837023001272/0001558370-23-001272-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1066194/000155837023001272/egan-20230214x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-001272

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