EGain Corporation Provides Earnings Guidance for the Second Quarter of Fiscal 2022 Ending December 31, 2021 and Full Year Ending June 30, 2022
November 09, 2021 at 04:05 pm EST
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eGain Corporation provided earnings guidance for the second quarter of fiscal 2022 ending December 31, 2021 and full year ending June 30, 2022. For the second quarter of fiscal 2022 ending December 31, 2021, the company expects total revenue of between $21.9 million to $22.3 million, which would represent growth of 14% to 16% year over year and GAAP net loss of $2.9 million to $3.6 million, or $0.09 to $0.11 per share.
For the fiscal 2022 full year ending June 30, 2022, the company expects total revenue of between $89.0 million to $90.5 million, which would represent growth of 14% to 16% year over year and is an increase from its previous annual revenue guidance of $88.2 million to $89.8 million and GAAP net loss of $12.1 million to $13.1 million, or $0.37 to $0.40 per share.
eGain Corporation provides a knowledge platform for customer engagement. The Companyâs eGain Knowledge Hub automates and orchestrates customer engagement across touch points. Powered by artificial intelligence (AI) and analytics, its secure cloud solution delivers personalized digital-first experiences. It is engaged in the development, license, implementation, and support of its customer service infrastructure software solutions. It offers a comprehensive, unified solution organized into three hubs-eGain Knowledge Hub, eGain Conversation Hub, and eGain Analytics Hub, to automate, augment and orchestrate digital-first customer engagement. Its Conversation Hub offers comprehensive, scalable capabilities for digital-first, omnichannel interaction management within a modern, purpose-built desktop. Its Analytics Hub enables clients to measure, manage and optimize their omnichannel service operations and knowledge. It sells mostly to large enterprises across financial services, and others.