EGAN reported second-quarter fiscal 2019 adjusted earnings of 8 cents per share that comfortably beat the Zacks Consensus Estimate by 7 cents.
The figure also came well above the year-ago quarter’s adjusted earnings of 2 cents.
Revenues of $16.68 million increased 8.3% from the year-ago quarter per revenue recognition standard 605.
The figure increased 15% year over year to $17.7 million per the new revenue recognition standard 606.
The quarter results benefited from a mix of new bookings and customer renewals owing to demand for eGain’s services.
The Zacks Consensus Estimate for revenues was pegged at $16 million.
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The figure also came well above the year-ago quarter’s adjusted earnings of 2 cents.
Revenues of $16.68 million increased 8.3% from the year-ago quarter per revenue recognition standard 605.
The figure increased 15% year over year to $17.7 million per the new revenue recognition standard 606.
The quarter results benefited from a mix of new bookings and customer renewals owing to demand for eGain’s services.
The Zacks Consensus Estimate for revenues was pegged at $16 million.
seekingalpha.com/new...s-0_11-beats-revenue
finance.yahoo.com/ne...enues-135401590.html
globenewswire.com/ne...evenue-Guidance.html