earnings
confidence high
sentiment negative
materiality 0.70
eGain Q3 revenue down 3% to $22.4M; new logo wins up 50% YoY; guides Q4 revenue $21.1-21.4M
EGAIN Corp
2024-Q3 EPS reported
$0.20
revenue$70,341,000
- Total revenue $22.4M, down 3% YoY; GAAP net income $1.5M ($0.05 EPS) vs loss of $0.01 per share last year.
- Non-GAAP net income $2.6M ($0.08 EPS) vs $1.1M ($0.03) in Q3 2023; adjusted EBITDA $2.3M.
- New logo wins up 50% YoY in first nine months; CEO cites AssistGPT AI offering for momentum.
- Q4 FY2024 guidance: revenue $21.1M-$21.4M; GAAP net loss $300k-$900k; non-GAAP net income $200k-$800k.
- Full-year FY2024 guidance: revenue $91.5M-$91.8M; GAAP net income $5.4M-$6.0M; non-GAAP net income $10.0M-$10.6M.