eGain (EGAN) Tops Q4 EPS by 10c, Beats on Revenues

eGain (NASDAQ: EGAN) reported Q4 EPS of $0.00, $0.10 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $14.6 million versus the consensus estimate of $13.35 million.

Fiscal 2017 Fourth Quarter Financial Highlights

• SaaS revenue was $6.8 million, up 33% sequentially from Q3 2017.
• Total revenue was $14.6 million, up 6% sequentially from Q3 2017.
• Recurring revenue was $11.6 million, up 14% sequentially from Q3 2017 and 79% of total revenue.
• Recurring revenue gross margin improved to 73%, up from 69% in Q3 2017.
• GAAP net loss improved to $45,000, or $(0.00) per share on a basic and diluted basis, compared to a GAAP net loss of $2.5 million, or $(0.09) per share on a basic and diluted basis, for Q3 2017.
• GAAP operating loss improved to $331,000, compared to $1.8 million in Q3 2017, and non-GAAPoperating income improved to $251,000, compared to non-GAAP operating loss of $1.2 million in Q3 2017.
• Cash generated from operations was $3.9 million, up 39% sequentially from $2.8 million in Q3 2017.
• Non-GAAP total deferred revenue was $60.2 million as of June 30, 2017, up 13% from $53.5 million as of March 31, 2017.

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

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