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Ladenburg Thalmann Downgrades eGain Corporation (EGAN) to Neutral

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eGain Announces Fiscal 2017 First Quarter Financial Results

November 9, 2016 4:06 PM EST

SUNNYVALE, CA -- (Marketwired) -- 11/09/16 -- eGain (NASDAQ: EGAN), a leading provider of cloud customer engagement solutions, today announced financial results for its fiscal 2017 first quarter ended September 30, 2016.

Fiscal 2017 First Quarter Financial Summary

Total revenue was $14.7 million ($16.0 million on a constant currency basis), compared to $16.5 million in the same quarter a year ago Subscription and support revenue was $10.9 million ($11.7 million on a constant currency basis), compared to $10.8 million in the same quarter a year ago Professional services revenue was $2.2 million, down from $3.2 million in... More