EGain Slips To Loss In Q4; Expects FY15 Revenue Above Market View - Quick Facts

(RTTNews) - eGain Corp. (EGAN), a provider of cloud customer engagement solutions, reported Wednesday that its fourth-quarter net loss was $1.02 million or $0.04 per share, compared to net income of $1.90 million or $0.07 per share a year ago.

The latest results included stock-based compensation expense of $317,000 and interest, net and tax expense of $253,000, compared to stock-based compensation expense of $271,000 and interest, net and tax expense of $246,000 last year.

On average, four analysts polled by Thomson Reuters expected break-even per share for the quarter. Analysts' estimates exclude special items.

Total quarterly revenue was $18.89 million, 5% higher than last year's $17.97 million. Analysts expected revenues of $19.48 million.

Subscription and support revenue was $10.2 million, an increase of 13% on a year-over-year basis.

Looking ahead for fiscal 2015, eGain is estimating total revenue between $90.0 million and $95.0 million and annual subscription and support revenue between $44.5 million and $46.5 million. This includes revenue from the Exony acquisition but prior to the impact of any purchase accounting adjustment to deferred revenue related to the acquisition.

Analysts expect revenues of $82.45 million for the year.