eGain (NASDAQ:EGAN) Issues Q4 2024 Earnings Guidance

eGain (NASDAQ:EGAN) updated its fourth quarter 2024 earnings guidance on Thursday. 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.

eGain Stock Performance

EGAN stock traded up $0.23 during trading on Thursday, reaching $6.62. The company had a trading volume of 122,036 shares, compared to its average volume of 89,725. eGain has a twelve month low of $5.50 and a twelve month high of $8.52. The firm has a 50-day simple moving average of $6.28 and a 200-day simple moving average of $6.91. The company has a market cap of $206.56 million, a price-to-earnings ratio of 30.09 and a beta of 0.55.

eGain (NASDAQ:EGAN) last issued its quarterly earnings results on Thursday, February 8th. The technology company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.04. eGain had a net margin of 7.33% and a return on equity of 11.01%. The company had revenue of $23.82 million for the quarter, compared to the consensus estimate of $23.53 million. Sell-side analysts expect that eGain will post 0.16 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Roth Mkm lowered their price objective on eGain from $15.00 to $12.00 and set a buy rating on the stock in a research report on Friday, February 9th.

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.