SUNNYVALE, Calif. (AP) _ EGain Corp. (EGAN) on Tuesday reported fiscal third-quarter net income of $1.3 million.
The Sunnyvale, California-based company said it had profit of 4 cents per share. Earnings, adjusted for stock option expense, came to 5 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The maker of customer engagement software posted revenue of $19.7 million in the period.
EGain expects full-year revenue in the range of $77.3 million to $77.9 million.
EGain shares have fallen 24% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $9, a fall of 11% in the last 12 months.
The Associated Press