Egain Corporation (NASDAQ:EGAN)

Fourth Quarter Fiscal 2013 Results

• Total quarterly revenue of $18.0 million, up 69% year-over-year from $10.6 million in 2012.
• EPS of $0.07 vs. a loss of $0.12 for the same quarter 2012.

"We executed well in fiscal 2013 as our investments in sales coverage, customer success, and product innovation are beginning to pay off," said Ashu Roy, eGain's CEO. "We are particularly pleased with our top rating in the Gartner Web Customer Service Magic Quadrant this year."

"In fiscal 2014, we will continue to expand our sales team, even as we build out a meaningful partner ecosystem. With our market-leading platform and deep innovation pipeline, we look forward to capitalizing on the strategic market opportunity in enterprise customer engagement that we see ahead."

Business Outlook

eGain is estimating fiscal 2014 annual total revenue growth to be between 20% and 25% and annual cloud revenue growth to be between 40% and 45%.

Fiscal 2012 Guidance 

• For fiscal 2012, eGain expects a year-over-year increase in new hosting and license bookings of between 40% and 50%
• For fiscal 2012, eGain expects a year-over-year increase in total revenue of between 22% and 27%
• For fiscal 2012, eGain expects to be profitable on an operating basis, however the planned increase in sales and marketing investment is expected to have the short term impact of depressing operating margins when compared to fiscal 2011

Q1 Fiscal Year 2011 Selected Preliminary Financial Results

• The company currently expects to report total revenue between $12.5 million and $13.0 million for the quarter ending September 30, 2010, an increase of 56% to 63% from the comparable year-ago quarter.

• The company currently expects to report new hosting and license bookings¹ of approximately $7.8 million, an increase of 83% from the comparable year-ago quarter.

• The company currently expects to report earnings from operations between $4.3 million and $4.8 million for the quarter ending September 30, 2010, compared to $1.1 million for the quarter ending September 30, 2009.

GeoTeam® Note: This guidance translates into about taxed EPS of about $0.13 vs. $0.03 in the prior year first quarter. Please note that EGAN has had a sporadic EPS history.