financetom
Business
financetom
/
Business
/
EGain Fiscal Q4 Non-GAAP Earnings, Revenue Drop; Fiscal 2025 Outlook Set -- Shares Fall After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
EGain Fiscal Q4 Non-GAAP Earnings, Revenue Drop; Fiscal 2025 Outlook Set -- Shares Fall After Hours
Sep 6, 2024 4:54 AM

05:14 PM EDT, 09/05/2024 (MT Newswires) -- EGain ( EGAN ) reported fiscal Q4 non-GAAP earnings late Thursday of $0.08 per diluted share, down from $0.11 per share a year earlier.

Two analysts polled by Capital IQ expected $0.03.

Revenue for the quarter ended June 30 fell to $22.5 million from $24.6 million a year earlier.

Two analysts surveyed by Capital IQ expected $21.4 million.

For fiscal Q1, the company expects a non-GAAP net loss of $0.01 to EPS of $0.02 on revenue of $21.4 million to $21.8 million.

Two analysts polled by Capital IQ are looking for a normalized EPS of $0.06 on revenue of $22.1 million.

For fiscal 2025, EGain ( EGAN ) said it expects non-GAAP EPS of $0.17 to $0.20 on revenue of $92 million to $93 million.

Two analysts surveyed by Capital IQ expect $0.29 and $91.7 million, respectively.

The company's shares were down 12.5% in after-hours activity.

Price: 5.68, Change: -0.81, Percent Change: -12.48

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Apollo Global Accused of Acquiring Illegal Life Insurance Policies on Seniors, Lawsuit Alleges
Market Chatter: Apollo Global Accused of Acquiring Illegal Life Insurance Policies on Seniors, Lawsuit Alleges
Apr 29, 2024
03:33 PM EDT, 04/29/2024 (MT Newswires) -- Apollo Global Management ( APO ) y acquired illegal life insurance policies on senior citizens through a web of sham trusts, a lawsuit alleged, Bloomberg reported Monday. The company allegedly used an affiliate called Financial Credit Investment to hold $20 billion in so-called stranger-originated life insurance policies, Bloomberg reported. The company carried out...
WeWork reaches settlement with creditors, rebuffs Neumann bid
WeWork reaches settlement with creditors, rebuffs Neumann bid
Apr 29, 2024
NEW YORK (Reuters) - Shared office space provider WeWork ( WEWOQ ) announced on Monday a settlement with its junior creditors and a new cash infusion from its senior lenders, moving ahead with a bankruptcy deal that rejects a $650 million offer from co-founder and former owner Adam Neumann. During a hearing in Newark, New Jersey, U.S. Bankruptcy Judge John...
JPMorgan-backed Brazilian digital bank C6 posts first-ever profit in Q1
JPMorgan-backed Brazilian digital bank C6 posts first-ever profit in Q1
Apr 29, 2024
NEW YORK, April 29 (Reuters) - Brazilian digital bank C6, which is backed by JPMorgan Chase ( JPM ), posted its first ever profit in the first quarter, as its revenue increased and credit losses fell. C6 posted a 461 million-real ($90 million) profit in the first quarter, compared to a $57.3 million loss a year earlier. The Brazilian digital...
Cannara Biotech Turns Negative As Reports Wider Q2 Net Loss Vs a Year Ago, Despite Revenue up 51%
Cannara Biotech Turns Negative As Reports Wider Q2 Net Loss Vs a Year Ago, Despite Revenue up 51%
Apr 29, 2024
03:43 PM EDT, 04/29/2024 (MT Newswires) -- Cannara Biotech ( LOVFF ) , a vertically integrated producer of cannabis and derivative product offerings, on Monday reported that net loss widened, despite a 51% increase in total revenue, for Q2 2024. Net loss was $3.4 million for the quarter, compared with a net loss of $618,000, the year before. But total...
Copyright 2023-2026 - www.financetom.com All Rights Reserved