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Stock impact report

eGain Corp (EGAN) Q1 2025 Earnings Call Highlights: Surpassing Expectations Amidst Challenges [Yahoo! Finance]

eGain Corporation (EGAN) 
Last egain corporation earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: egain.com/company/investors
Company Research Source: Yahoo! Finance
eGain Corp ( NASDAQ:EGAN ) reported first quarter revenue and profitability ahead of consensus estimates. The company experienced significant year-over-year growth in new bookings, particularly in the AI knowledge business. eGain Corp ( NASDAQ:EGAN ) saw good renewals with no significant churn during the quarter. The company is witnessing a trend towards centralized knowledge hubs, which is positively impacting their market position. eGain Corp ( NASDAQ:EGAN ) launched a new AI agent solution aimed at improving customer self-service, which is expected to drive significant adoption. Total revenue for the first quarter was down 10% year over year, primarily due to the loss of two large clients in the conversation and analytics business. Gross margin decreased to 70% from 73% a year ago, indicating a decline in profitability. Non-GAAP net income decreased to $1.3 million from $3.8 million in the year-ago quarter. Operating cash flow margin dropped to 4% from 8.1% in the Show less Read more
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