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eGain Corporation - EGAN STOCK NEWS

Welcome to our dedicated page for eGain Corporation news (Ticker: EGAN), a resource for investors and traders seeking the latest updates and insights on eGain Corporation stock.

eGain Corporation (NASDAQ: EGAN) is a leading provider of cloud-based customer engagement hub software. Headquartered in Sunnyvale, California, eGain serves clients worldwide, with a significant presence in North America, Europe, the Middle East, Africa (EMEA), and the Asia-Pacific (APAC) regions. For over a decade, eGain's innovative solutions have been instrumental in enhancing customer experiences, optimizing service processes, and driving sales growth across web, social, and phone channels.

eGain's core business revolves around its Software as a Service (SaaS) platform that integrates advanced digital, artificial intelligence (AI), and knowledge management capabilities. This platform is designed to automate and orchestrate customer engagement, thereby transforming fragmented customer service operations into unified customer engagement hubs (CEHs). The eGain Knowledge Hub, powered by AI and analytics, delivers personalized digital-first experiences and fosters quick business value along with easy innovation.

eGain's solutions cater to a diverse array of industries, including financial services, telecommunications, retail, government, healthcare, and utilities. This broad spectrum of services has attracted hundreds of the world's largest companies to rely on eGain for their customer engagement needs. The company derives the majority of its revenue from North America but continues to expand its footprint in other regions.

eGain's recent achievements include the introduction of AssistGPT™, a generative AI service that enhances the automation and efficiency of knowledge management. AssistGPT™ has been pivotal in securing new clients and expanding the company's market presence. Moreover, eGain has showcased its offerings at significant industry events like CCW Berlin and Enterprise Connect, highlighting the capabilities of the eGain Knowledge Hub and its integration with prominent CCaaS (Contact Center as a Service) platforms.

Financially, eGain remains robust, with consistent revenue growth and profitability. The company's fiscal 2024 guidance reflects optimism driven by new logo acquisitions and substantial stock repurchase programs, underlining its confidence in long-term shareholder value and the AI knowledge market opportunity.

For more information, visit www.egain.com or contact their offices at +1-800-821-4358 (US), +44 (0) 1635 800087 (EMEA), or +91-(0)-20-6608-9200 (APAC). Follow eGain on Twitter and Facebook.

Rhea-AI Summary
eGain Corporation (NASDAQ: EGAN) named a Visionary in Gartner Magic Quadrant for CRM Customer Engagement Center. The report evaluated 12 vendors on 15 criteria, recognizing eGain's Knowledge and Generative AI-powered Customer Engagement Suite for digital-first, omnichannel engagement. CEO Ashu Roy highlighted market-leading innovation and easy consumption models, including the recent eGain AssistGPT™ launch.
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eGain (Nasdaq: EGAN) announced financial results for its fiscal 2024 Q1. Total revenue was $24.2 million, down 2% YoY. GAAP net income was $2.6 million, up from a net loss of $16,000 in Q1 2023. Non-GAAP net income was $3.8 million. Cash provided by operations was $8.1 million. Total cash and cash equivalents were $79.8 million. eGain extended its stock repurchase program until November 2024.
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eGain to announce fiscal 2024 first quarter financial results on November 2, 2023
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eGain Corporation announces that Rogue Credit Union has deployed its solution to assist contact center agents and retail bankers.
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eGain Corporation launches eGain AssistGPT, a comprehensive zero-code solution for Knowledge Automation, at Solve 23 conference. Knowledge content draft creation time reduced from weeks to minutes. Solution improves omnichannel journeys and provides quick answers for contact center agents and business analysts. BYO architecture allows businesses to add their own AI engines. Positive impact on efficiency and customer engagement.
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eGain announces strong financial results for Q4 and full year 2023, with total revenue up 5% and 7% respectively. SaaS revenue also increased by 10% and 11% year over year. Non-GAAP net income for Q4 was $3.6 million, compared to $893,000 in Q4 2022. However, GAAP net income for the full year was $2.1 million, compared to a net loss of $2.4 million in fiscal 2022. eGain expects total revenue of $23.5 million to $24.0 million for Q1 2024 and total revenue of $96.0 million to $98.0 million for fiscal 2024. Non-GAAP net income is projected to be $1.7 million to $2.2 million for Q1 2024 and $10.8 million to $11.3 million for fiscal 2024.
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eGain (NASDAQ: EGAN) to announce fiscal 2023 Q4 and full year financial results on September 14, 2023.
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eGain Corporation announces Solve™ 23 conference in London showcasing the next generation of eGain Knowledge Hub™ and generative AI for customer service automation.
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eGain Corporation announces partnership with Talkdesk to modernize customer service with AI-infused knowledge management and digital capabilities.
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FAQ

What is the current stock price of eGain Corporation (EGAN)?

The current stock price of eGain Corporation (EGAN) is $5.21 as of September 13, 2024.

What is the market cap of eGain Corporation (EGAN)?

The market cap of eGain Corporation (EGAN) is approximately 154.0M.

What does eGain Corporation specialize in?

eGain Corporation specializes in cloud-based customer engagement hub software, using AI and digital capabilities to enhance customer service and sales processes.

Where is eGain Corporation headquartered?

eGain Corporation is headquartered in Sunnyvale, California, with operations in North America, EMEA, and APAC regions.

What industries does eGain serve?

eGain serves a variety of industries including financial services, telecommunications, retail, government, healthcare, and utilities.

What is the eGain Knowledge Hub?

The eGain Knowledge Hub is an AI-powered platform that automates customer engagement across various touchpoints, delivering personalized and efficient service.

What is AssistGPT™?

AssistGPT™ is a generative AI service by eGain that enhances knowledge management, enabling faster and more efficient automation of customer service processes.

How does eGain generate revenue?

eGain generates revenue primarily through its SaaS platform, with the majority of its income coming from North America.

What recent achievements has eGain made?

eGain has introduced AssistGPT™, secured new clients, and showcased its solutions at major industry events, demonstrating significant growth and innovation.

How can I contact eGain Corporation?

You can contact eGain Corporation at +1-800-821-4358 (US), +44 (0) 1635 800087 (EMEA), or +91-(0)-20-6608-9200 (APAC). More information is available on their website, www.egain.com.

What financial condition is eGain in currently?

eGain has shown consistent revenue growth and profitability, supported by new client acquisitions and robust stock repurchase programs.

Where can I find the latest news about eGain Corporation?

The latest news about eGain Corporation can be found on their website, www.egain.com, and their social media channels on Twitter and Facebook.

eGain Corporation

Nasdaq:EGAN

EGAN Rankings

EGAN Stock Data

153.96M
29.83M
33.66%
54.19%
1.38%
Software - Application
Services-prepackaged Software
Link
United States of America
SUNNYVALE