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EGain: Fiscal Q3 Earnings Snapshot

·1 min read

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EGAN at https://www.zacks.com/ap/EGAN

The Associated Press

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