eGain (NASDAQ:EGAN) Updates Q4 2024 Earnings Guidance

eGain (NASDAQ:EGAN) issued an update on its fourth quarter 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.010-0.030 for the period, compared to the consensus estimate of 0.010. The company issued revenue guidance of $21.1 million-$21.4 million, compared to the consensus revenue estimate of $22.0 million. eGain also updated its FY 2024 guidance to 0.320-0.340 EPS.

Analyst Ratings Changes

Separately, Roth Mkm reduced their price objective on shares of eGain from $15.00 to $12.00 and set a buy rating for the company in a research note on Friday, February 9th.

eGain Trading Down 12.5 %

NASDAQ:EGAN opened at $5.79 on Friday. The stock has a 50-day moving average price of $6.28 and a 200 day moving average price of $6.91. The stock has a market capitalization of $180.65 million, a P/E ratio of 20.68 and a beta of 0.55. eGain has a 12-month low of $5.50 and a 12-month high of $8.52.

eGain (NASDAQ:EGAN) last announced its quarterly earnings results on Thursday, May 9th. The technology company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.02). eGain had a return on equity of 13.81% and a net margin of 9.34%. The company had revenue of $22.35 million during the quarter, compared to analysts’ expectations of $23.01 million. During the same quarter in the previous year, the firm earned ($0.01) EPS. On average, research analysts predict that eGain will post 0.16 earnings per share for the current fiscal year.

About eGain

eGain Corporation develops, licenses, implements, and supports customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific. It provides eGain Knowledge Hub, which helps businesses to centralize knowledge, policies, procedures, situational expertise, best-practices, while delivering guided, and personalized solutions to customers and agents; eGain Conversation Hub for digital-first, omnichannel interaction management within a modern, purpose-built desktop; and eGain Analytics Hub enables clients to measure, manage, and optimize omnichannel service operations and knowledge.