Welcome to our dedicated page for Egain news (Ticker: EGAN), a resource for investors and traders seeking the latest updates and insights on Egain stock.
eGain Corporation (EGAN) delivers AI-powered customer engagement solutions through its cloud-based SaaS platform, helping enterprises unify service channels and automate interactions. This news hub provides investors and stakeholders with timely updates on corporate developments, financial performance, and technological innovations.
Access official press releases covering earnings announcements, product enhancements, strategic partnerships, and industry recognition. Our curated collection serves as a reliable resource for tracking eGain's progress in transforming customer service through conversational AI and knowledge management technologies.
Key updates about platform capabilities, client success stories, and market expansion across North America, EMEA, and APAC regions. Bookmark this page for streamlined access to material developments affecting eGain's position in the customer experience software sector.
eGain Corporation (NASDAQ: EGAN) achieved FedRAMP authorization sponsored by the Internal Revenue Service (IRS), marking a significant step in enhancing secure cloud services for government agencies. FedRAMP promotes the adoption of secure cloud technologies, enabling agencies to leverage cost-effective solutions for modernizing taxpayer experiences. eGain's comprehensive cloud platform offers digital-first solutions powered by AI and analytics, uniquely positioned to transform citizen engagement. CEO Ashu Roy expressed gratitude towards the IRS and emphasized the importance of government digitalization under the Biden administration.
eGain Corporation (NASDAQ: EGAN) announced that its eGain Knowledge Hub has been accredited by Five9 and integrated into the Five9 Agent Desktop Plus. This AI-driven solution enhances agent performance by providing proactive knowledge and conversational guidance, leading to improved customer service outcomes. The partnership aims to support agents working in hybrid or remote environments. eGain's technology leverages machine learning and analytics to deliver context-aware responses, thus optimizing training time and compliance adherence.
eGain (NASDAQ: EGAN) will participate in the Benchmark Company Discovery One-on-One Virtual Investor Conference on December 2, 2021, from 8:00 a.m. to 4:30 p.m. ET. The event will facilitate one-on-one meetings with institutional investors, showcasing approximately 50 companies to over 150 attendees. For scheduling, contact the conference coordinators or eGain’s investor relations team.
eGain Corporation (NASDAQ: EGAN) announced that BT Consumer, a key client, won the KM Reality Award during the KMWorld Connect Conference 2021. This award celebrates organizations that effectively implement knowledge management practices, demonstrating clear business benefits. BT Consumer, serving over 30 million customers, is recognized for its leadership in knowledge management practices, which are supported by upper management and defined metrics. The award highlights BT's innovative approach in the communications sector, contributing positively to its operational success.
eGain (NASDAQ: EGAN) reported its fiscal 2022 Q1 results, revealing total revenue of $21.5 million, marking a 13% year-over-year increase. SaaS revenue surged by 20% to $19.2 million. Despite a GAAP net income of $551,000 ($0.02 per share), down from $2.0 million ($0.06 per share) in 2021, non-GAAP net income rose to $2.7 million ($0.08 per share). The company anticipates Q2 revenue between $21.9 million and $22.3 million, while projecting a GAAP net loss of up to $3.6 million. Cash flow from operations improved to $7.2 million, with cash and equivalents at $70.4 million.
eGain (NASDAQ: EGAN) announced its participation in three investor conferences in November 2021. These include the Berenberg U.S. CEO Conference on November 10, Craig-Hallum 12th Annual Alpha Select Conference on November 16, and Roth 10th Annual Technology Event on November 18. Management will conduct virtual one-on-one meetings with institutional investors, which can be scheduled through the hosting firms or via MKR Investor Relations. eGain focuses on knowledge-powered customer engagement solutions, enhancing customer journeys through AI and analytics.
eGain (NASDAQ: EGAN) will release its fiscal 2022 Q1 financial results on November 9, 2021, after market close. The announcement will precede an investor conference call hosted by CEO Ashu Roy and CFO Eric Smit at 2:00 PM PT (5:00 PM ET). Interested parties can access the call via phone or a live webcast available on eGain's website. The earnings report is anticipated to provide insights into the company's performance in the rapidly evolving customer engagement solutions market.
eGain Corporation (NASDAQ: EGAN) announced that CEO Ashu Roy will deliver a keynote at the KMWorld Connect Conference 2021 on November 16, 2021. The keynote, titled Knowledge Hub—The Secret Ingredient in Digital Transformation of Customer Engagement, will emphasize the importance of knowledge in successful digital transformation. As a Diamond Sponsor, eGain will showcase its capabilities in knowledge-powered digital customer engagement and share client success stories. The conference highlights eGain's focus on enhancing customer experiences from cloud-based solutions.