secwatch.observer — SEC 8-K summary
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Issuer:     EGAIN Corp (EGAN)
CIK:        0001066194
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001558370-24-007590
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

eGain Q3 revenue down 3% to $22.4M; new logo wins up 50% YoY; guides Q4 revenue $21.1-21.4M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1066194/000155837024007590/0001558370-24-007590-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1066194/000155837024007590/egan-20240509x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-007590

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