eGain (EGAN) Misses Q1 EPS by 5c; Offers FY23 Guidance

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Go back to eGain (EGAN) Misses Q1 EPS by 5c; Offers FY23 Guidance

eGain Reports Record Revenue in First Quarter of Fiscal 2023, Up 20% Year Over Year; Announces $20 Million Stock Repurchase Program

November 14, 2022 4:05 PM EST

SUNNYVALE, Calif., Nov. 14, 2022 (GLOBE NEWSWIRE) -- eGain (Nasdaq: EGAN), the leading AI knowledge platform for customer engagement automation, today announced financial results for its fiscal 2023 first quarter ended September 30, 2022.

We delivered record revenue and top and bottom-line results that exceeded our guidance and street consensus, said Ashu Roy, eGains CEO. Inbound interest and market demand remain high for our industry-leading Knowledge Hub, as businesses continue to invest in improving agent experience and customer satisfaction technologies.

We are building a healthy new business pipeline, but in the current economic environment we see sales... More