eGain Corporation Sees Q1 2024 EPS $0.05-$0.07 Vs 0.06 Est.; Revenue $23.5M-$24M Vs $24.93M Est
Portfolio Pulse from Benzinga Newsdesk
eGain Corporation has projected its Q1 2024 earnings per share (EPS) to be between $0.05 and $0.07, which is lower than the estimated $0.06. The company also expects its revenue to be between $23.5M and $24M, lower than the estimated $24.93M.
September 14, 2023 | 8:08 pm
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NEGATIVE IMPACT
eGain Corporation's lower than expected Q1 2024 EPS and revenue projections may negatively impact its stock price.
eGain Corporation's projected earnings per share (EPS) and revenue for Q1 2024 are lower than the estimates. This could lead to a negative sentiment among investors, potentially causing a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100