eGain Q2 2022 Earnings Report
Key Takeaways
eGain announced strong financial results for the second quarter of fiscal year 2022, with total revenue reaching $23.1 million, a 20% increase year-over-year, and SaaS revenue growing by 26% to $20.5 million.
Total revenue was $23.1 million, up 20% year over year.
SaaS revenue was $20.5 million, up 26% year over year.
GAAP net loss was $826,000, or $0.03 per share.
Non-GAAP net income was $3.0 million, or $0.10 per share.
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eGain Revenue by Segment
Forward Guidance
For the third quarter of fiscal 2022, eGain expects total revenue between $22.9 million and $23.5 million, representing growth of 16% to 19% year-over-year. GAAP net loss is projected to be between $3.0 million and $4.0 million, or $0.10 to $0.13 per share, while Non-GAAP net loss is expected to range from breakeven to $1.0 million, or $0.00 to $0.03 per share.