eGain (EGAN) Tops Q2 EPS by 9c; Raises Revenue Guidance

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eGain Reports 53% SaaS Revenue Growth in Fiscal Second Quarter; Raises Annual Revenue Guidance

February 7, 2019 4:05 PM EST

SUNNYVALE, Calif., Feb. 07, 2019 (GLOBE NEWSWIRE) -- eGain (NASDAQ: EGAN), a leading provider of cloud customer engagement solutions, today announced financial results for its fiscal 2019 second quarter ended December 31, 2018.

Ashu Roy, eGain CEO, commented, We are pleased with the strong top and bottom-line performance we achieved in the second quarter. We hosted a successful DX18 customer event in Chicago and we are encouraged to see growing demand for AI-powered digital customer engagement.

Fiscal 2019 Second Quarter Financial Highlights ASC 606 (standard adopted effective July 1, 2018):

Total revenue was $17.7... More