eGain Sees Q2 Adj. EPS $(0.02)-$0.02 vs $0.06 Est., Sales $18.1M-$18.7M vs $19.84M Est.
Portfolio Pulse from Benzinga Newsdesk
eGain Corporation has released its Q2 financial guidance, projecting an adjusted EPS range of $(0.02) to $0.02, which is below the estimated $0.06. The company also anticipates sales between $18.1 million and $18.7 million, falling short of the expected $19.84 million.
November 10, 2020 | 9:24 pm
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eGain Corporation's Q2 guidance indicates lower-than-expected financial performance, with adjusted EPS and sales both projected below analyst estimates.
eGain's guidance for Q2 shows both EPS and sales below analyst expectations, which is likely to negatively impact investor sentiment and put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100