eGain (NASDAQ:EGAN) announced its quarterly earnings results on Thursday. The technology company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.03, Bloomberg Earnings reports. The firm had revenue of $15.40 million during the quarter, compared to analysts’ expectations of $14.74 million. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.04) EPS.
Shares of eGain (EGAN) opened at $5.60 on Friday. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of -0.91. The stock has a market capitalization of $141.74, a P/E ratio of -40.00 and a beta of 0.05. eGain has a twelve month low of $1.30 and a twelve month high of $6.50.
In other eGain news, CFO Eric Smit sold 7,500 shares of the company’s stock in a transaction on Friday, December 29th. The stock was sold at an average price of $5.22, for a total transaction of $39,150.00. Following the completion of the sale, the chief financial officer now owns 270,365 shares in the company, valued at $1,411,305.30. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders sold 27,500 shares of company stock valued at $140,925 in the last quarter. 39.00% of the stock is owned by company insiders.
COPYRIGHT VIOLATION NOTICE: This piece was published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of United States & international copyright law. The legal version of this piece can be accessed at https://www.com-unik.info/2018/02/10/egain-egan-releases-earnings-results-beats-expectations-by-0-03-eps.html.
eGain Company Profile
eGain Corporation (eGain) provides cloud-based and on-site customer engagement software solutions. The Company optimizes service processes across the Web, social and phone channels. The Company’s solutions help business to consumer (B2C) businesses to operationalize digital customer engagement strategies.
Receive News & Ratings for eGain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eGain and related companies with MarketBeat.com's FREE daily email newsletter.