eGain Communications (EGAN) Reports Q1 Earnings of $0.02; Expects FY12 Profitability, But is Cautious
eGain Communications (NASDAQ: EGAN) reported Q1 EPS of $0.02, versus $0.22 reported last year. Revenue for the quarter came in at $10.38 million, versus $13.09 million reported last year.
For fiscal 2012, eGain expects to be profitable on an operating basis; however, the planned increase in sales and marketing investment is expected to have the short term impact of depressing operating margins when compared to fiscal 2011.
For fiscal 2012, eGain expects to be profitable on an operating basis; however, the planned increase in sales and marketing investment is expected to have the short term impact of depressing operating margins when compared to fiscal 2011.