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Sep 30, 2024

eGain Q1 2025 Earnings Report

eGain's first quarter 2025 financial results were announced, showing a mix of positive momentum and year-over-year decline.

Key Takeaways

eGain reported a 10% decrease in total revenue year-over-year, with revenue totaling $21.8 million. GAAP net income was $652,000, or $0.02 per share, while non-GAAP net income was $1.3 million, or $0.04 per share. The company highlighted a 16% year-over-year increase in annual recurring revenue for AI Knowledge Hub customers.

Total revenue was $21.8 million, a 10% decrease year-over-year.

GAAP net income was $652,000, or $0.02 per share.

Non-GAAP net income was $1.3 million, or $0.04 per share.

Annual recurring revenue for AI Knowledge Hub customers increased 16% year-over-year.

Total Revenue
$21.8M
Previous year: $24.2M
-9.8%
EPS
$0.04
Previous year: $0.12
-66.7%
Gross Profit
$15.1M
Previous year: $17.3M
-12.7%
Cash and Equivalents
$67.2M
Previous year: $79.8M
-15.8%
Free Cash Flow
$845K
Previous year: $8.1M
-89.6%
Total Assets
$115M
Previous year: $123M
-6.6%

eGain

eGain

eGain Revenue by Segment

Forward Guidance

For the second quarter of fiscal 2025, eGain anticipates revenues between $22.2 million and $22.6 million. They also project a GAAP net loss ranging from $400,000 to $900,000, or a loss per share between $0.01 and $0.03. Non-GAAP net income is expected to be between breakeven and $500,000, or $0.00 to $0.02 per share.

Positive Outlook

  • Revenue is expected to be between $22.2 million and $22.6 million.
  • Stock-based compensation expense is expected to be approximately $900,000.
  • Depreciation and amortization are expected to be approximately $100,000.
  • Weighted average shares outstanding are expected to be approximately 29.1 million for the second quarter of fiscal 2025.
  • Non-GAAP net income of breakeven to $500,000, or $0.00 to $0.02 per share.

Challenges Ahead

  • GAAP net loss of $400,000 to $900,000 is expected.
  • Loss per share between $0.01 and $0.03 is expected.
  • Total revenue was down 10% year over year.
  • GAAP net income decreased from $2.6 million in Q1 2024 to $652,000.
  • Non-GAAP net income decreased from $3.8 million in Q1 2024 to $1.3 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income