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EGain: Fiscal Q4 Earnings Snapshot

SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — EGain Corp. (EGAN) on Thursday reported fiscal fourth-quarter profit of $1.3 million.

On a per-share basis, the Sunnyvale, California-based company said it had profit of 5 cents. Earnings, adjusted for stock option expense, were 8 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

The maker of customer engagement software posted revenue of $22.2 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $21.8 million.

For the year, the company reported profit of $8.9 million, or 32 cents per share. Revenue was reported as $91.1 million.

For the current quarter ending in September, eGain expects its per-share earnings to range from 5 cents to 8 cents.

The company said it expects revenue in the range of $20.9 million to $21.4 million for the fiscal first quarter.

EGain expects full-year earnings in the range of 4 cents to 7 cents per share, with revenue ranging from $84.5 million to $86 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EGAN at https://www.zacks.com/ap/EGAN

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