eGain Corp (NAS:EGAN)
$ 6.78 -0.060 (-0.88%) Market Cap: 185.97 Mil Enterprise Value: 108.65 Mil PE Ratio: 4.91 PB Ratio: 2.03 GF Score: 69/100

Q1 2025 eGain Corp Earnings Call Transcript

Nov 12, 2024 / 10:00 PM GMT
Release Date Price: $5.79 (-0.69%)

Key Points

Positve
  • eGain Corp (EGAN) reported first quarter revenue and profitability ahead of consensus estimates.
  • The company experienced significant year-over-year growth in new bookings, particularly in the AI knowledge business.
  • eGain Corp (EGAN) saw good renewals with no significant churn during the quarter.
  • The company is witnessing a trend towards centralized knowledge hubs, which is positively impacting their market position.
  • eGain Corp (EGAN) launched a new AI agent solution aimed at improving customer self-service, which is expected to drive significant adoption.
Negative
  • Total revenue for the first quarter was down 10% year over year, primarily due to the loss of two large clients in the conversation and analytics business.
  • Gross margin decreased to 70% from 73% a year ago, indicating a decline in profitability.
  • Non-GAAP net income decreased to $1.3 million from $3.8 million in the year-ago quarter.
  • Operating cash flow margin dropped to 4% from 8.1% in the previous year.
  • The company anticipates a net loss for the second quarter of fiscal 2025, reflecting ongoing financial challenges.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

EGAN.OQ - eGain Corp
Q1 2025 eGain Corp Earnings Call
Nov 12, 2024 / 10:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon and welcome to the Egain fiscal 2025 1st quarter. Financial results conference call, all participants will be in listen-only mode. Should you need assistance? Please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions to ask a question. You may press star then one on your touchtone phone to withdraw your question. Please press star. Then two. Please note this event is being recorded.

I would now like to turn the conference over to Jim Byers MKR Investor Relations. Please go ahead.

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Unidentified_2 [2]
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