eGain (EGAN) Tops Q3 EPS by 5c
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eGain Reports 31% SaaS Revenue Growth in Fiscal Third Quarter
May 8, 2019 4:05 PM EDTSUNNYVALE, Calif., May 08, 2019 (GLOBE NEWSWIRE) -- eGain (NASDAQ: EGAN), a leading provider of cloud customer engagement solutions, today announced financial results for its fiscal 2019 third quarter ended March 31, 2019.
Ashu Roy, eGain CEO, commented, We are pleased with our financial performance in the third quarter, with healthy SaaS revenue, net income and cash flow from operations. We also completed a successful equity raise to strengthen our balance sheet, positioning us well to capitalize on strong market demand for AI-powered digital customer engagement.
Fiscal 2019 Third Quarter Financial Highlights ASC 606 (standard adopted effective... More
