secwatch.observer — SEC 8-K summary
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Issuer:     EGAIN Corp (EGAN)
CIK:        0001066194
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001558370-24-000893
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

eGain Q2 FY2024 revenue falls 7% YoY to $23.8M; net income turns to $2.2M profit
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- GAAP net income of $2.2M ($0.07 EPS) vs $104K loss a year ago; non-GAAP net income $3.4M ($0.11 EPS) vs $1.7M.
- Adjusted EBITDA rose to $3.8M from $2.2M; operating cash flow $7.7M (32% margin).
- Q2 revenue $23.8M, down 7% YoY; first-half revenue $48.0M, down 5%.
- AssistGPT AI offering credited with winning new logos; CEO cites growing interest in knowledge management for Gen AI.
- Q3 FY2024 guidance: revenue $22.6-23.0M; GAAP net income $0.4-1.0M; FY2024 revenue guided $92-93M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1066194/000155837024000893/0001558370-24-000893-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1066194/000155837024000893/egan-20240208x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-000893

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