eGain (EGAN) Tops Q3 EPS by 2c

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eGain Reports Fiscal 2023 Third Quarter Financial Results

May 11, 2023 4:05 PM EDT

SUNNYVALE, Calif., May 11, 2023 (GLOBE NEWSWIRE) -- eGain (Nasdaq: EGAN), a leading knowledge platform for customer engagement, today announced financial results for its fiscal 2023 third quarter ended March 31, 2023.

Our North America renewal and expansion rates remained strong during the quarter, said Ashu Roy, eGains CEO. Despite the market slowdown, we signed several new customers near the end of the quarter, and expense controls enabled us to deliver bottom-line results that exceeded our guidance and street consensus.

Fiscal 2023 Third Quarter Financial Highlights

Total revenue was $23.0 million, down 4%... More