eGain Sees Q1 Adj. EPS $(0.01)-$(0.02); Revenue $21.4M-$21.8M
Portfolio Pulse from Benzinga Newsdesk
eGain Corporation has released its Q1 financial guidance, projecting an adjusted EPS loss between $(0.01) and $(0.02) and revenue between $21.4 million and $21.8 million.
September 05, 2024 | 8:24 pm
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eGain Corporation has provided its Q1 financial guidance, expecting an adjusted EPS loss between $(0.01) and $(0.02) and revenue between $21.4 million and $21.8 million. This indicates a potential challenge in profitability for the quarter.
The guidance of an adjusted EPS loss suggests that eGain may face profitability issues in the short term, which could negatively impact investor sentiment and the stock price. The revenue projection provides a range that investors can use to gauge performance, but the focus on the EPS loss is likely to weigh more heavily on the stock.
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