eGain Sees FY25 Adj. EPS $0.17-$0.20 Vs $0.34; Revenue $92.0M-$93.0M Vs $91.698M Est.
Portfolio Pulse from Benzinga Newsdesk
eGain has revised its financial outlook for FY25, projecting adjusted EPS between $0.17 and $0.20, down from the previous estimate of $0.34. Revenue is expected to be between $92.0M and $93.0M, slightly above the previous estimate of $91.698M.
September 05, 2024 | 8:24 pm
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eGain has lowered its FY25 adjusted EPS guidance to $0.17-$0.20 from $0.34, indicating potential profitability challenges. However, revenue guidance is slightly above previous estimates, suggesting stable sales performance.
The significant reduction in EPS guidance suggests potential profitability issues, which is likely to negatively impact investor sentiment and the stock price in the short term. The slight increase in revenue guidance may not be enough to offset concerns about earnings.
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