eGain Expects FY21 Results To Top Guidance, Consensus

by Anusuya Lahiri, Benzinga Editor

July 15, 2021 7:46 AM | 1 min read |

eGain Corp EGAN expects FY21 revenue and earnings to be at or above the high end of its previously provided guidance range.
The company had expected revenue of $77.3 million to $77.9 million, versus the analyst consensus of $76.34 million.
It expected SaaS revenue of $66 million to $66.4 million.
It estimated non-GAAP net income of $6.2 million to $7.1 million, GAAP net income of $4.4 million to $5.3 million, or $0.13 to $0.16 per share.
The company’s non-GAAP EPS guidance was $0.19 to $0.22, compared to the analyst consensus of $0.15.
It expects to end FY21 with $63 million in cash and no debt.
Price action: EGAN shares closed lower by 1.54% at $10.89 on Wednesday.

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