eGain Q4 2022 Earnings Report
Key Takeaways
eGain's Q4 2022 saw a 16% increase in total revenue year-over-year, reaching $23.5 million. However, the company experienced a GAAP net loss of $1.6 million, contrasting with a net income of $2.0 million in Q4 2021. Despite the net loss, SaaS revenue grew by 15% year-over-year, amounting to $20.6 million.
Total revenue increased by 16% year-over-year to $23.5 million.
SaaS revenue grew by 15% year-over-year to $20.6 million.
GAAP net loss was $1.6 million, or $0.05 per share.
Non-GAAP net income was $893,000, or $0.03 per share.
eGain
eGain
eGain Revenue by Segment
Forward Guidance
For the first quarter of fiscal 2023 ending September 30, 2022, eGain expects total revenue between $24.0 million to $24.5 million, representing growth of 12% to 14% year over year and Non-GAAP net income of $200,000 to $400,000, or $0.01 per share.
Positive Outlook
- Total revenue of between $24.0 million to $24.5 million, representing growth of 12% to 14% year over year.
- Non-GAAP total revenue, adjusted for constant currency, of between $25.1 million to $25.6 million, representing growth of 17% to 19%.
- GAAP net loss of $2.1 million to $2.3 million, or $0.07 per share.
- Includes stock-based compensation expense of approximately $2.5 million.
- Includes depreciation and amortization of approximately $120,000.
Challenges Ahead
- GAAP net loss of $2.1 million to $2.3 million, or $0.07 per share.
- Non-GAAP net income of $200,000 to $400,000, or $0.01 per share.
- Total revenue of between $24.0 million to $24.5 million, representing growth of 12% to 14% year over year.
- Non-GAAP total revenue, adjusted for constant currency, of between $25.1 million to $25.6 million, representing growth of 17% to 19%.
- Includes stock-based compensation expense of approximately $2.5 million.