eGain Communications (EGAN) Misses Q2 EPS by 2c

eGain Communications (NASDAQ: EGAN) reported Q2 EPS of ($0.04), $0.02 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $18 million versus the consensus estimate of $17.87 million.

Ashu Roy, eGain's CEO, commented, "Our partner activity continues to grow, particularly with Cisco. In the quarter, we secured our first seven-figure Cisco SolutionsPlus deal. Also, with Cisco's recent announcement of eGain Cloud through SolutionsPlus, we look forward to tapping cloud-based demand through this channel.

"From a new business standpoint, we saw a number of deals slip into the fourth quarter, several of which have since closed. To improve forecasting and execution, we have reorganized and strengthened our sales leadership."

For earnings history and earnings-related data on eGain Communications (EGAN) click here.

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