EGAN - eGain raises full-year revenue and earnings guidance above estimates

eGain (EGAN) says that it expects revenue and earnings for its fiscal 2021 full year ended June 30, 2021 to be at or above the high end of its previously provided guidance range.SaaS revenue is expected to be at or above the high end of the prior revenue of $66.0 million to $66.4 million, which would represent growth of at least 17% year over year.Total revenue is expected to be at or above the high end of the previous guidance of $77.3 million to $77.9 million vs. consensus of $77.85M, which would represent growth of at least 7% year over year.GAAP net income is expected to be above the high end of previous guidance of $4.4 million to $5.3 million, or $0.13 to $0.16 per share.Non-GAAP net income is expected to be above the high end of previous guidance of $6.2 million to $7.1 million, or $0.19 to $0.22 per share vs. consensus of $0.21.“Our focus on new logo acquisition yielded positive results,

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eGain raises full-year revenue and earnings guidance above estimates