EGAN - eGain Communications announces Q1 results share repurchase

• eGain Communications press release ( NASDAQ: EGAN ): Q1 Non-GAAP EPS of $0.06.
• Q1 Revenue of $24.8M (+15.3% Y/Y).
• The company also announced a $20M stock buyback.
• Q1 Cash flow from operations was $760,000, or 3% operating cash flow margin.
• Cash and cash equivalents were $71.5 million on September 30, 2022.
• Expects Q2 total revenue of between $25.0 million to $25.4 million, representing growth of 8% to 10% year over year.
• Expects Q2 Non-GAAP total revenue of between $25.8 million to $26.2 million, representing growth of 12% to 13%.
• Expects Q2 GAAP net loss of $700,000 to $1.0 million, or $0.02 to $0.03 per share.
• Expects Q2 Non-GAAP net income of $1.1 million to $1.4 million, or $0.03 to $0.04 per share.
• Expects Fiscal 2023 total revenue of between $100.0 million to $102.0 million, representing growth of 9% to 11% year over year.
• Expects Fiscal 2023 Non-GAAP total revenue of between $102.1 million to $104.2 million, representing growth of 11% to 13%.
• Expects Fiscal 2023 GAAP net loss of $2.2 million to $3.2 million, or $0.07 to $0.10 per share.
• Expects Fiscal 2023 Non-GAAP net income of $5.3 million to $6.3 million, or $0.16 to $0.19 per share.

For further details see: