Will It Continue to Soar?
eGain EGAN shares ended the last trading session 14.6% higher at $6.19. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock’s 5.3% gain over the past four weeks.
eGain is benefiting from strong momentum in its AI Knowledge offering, with a 16% year-over-year growth in ARR in the first quarter of fiscal 2025 for AI Knowledge customers, driven by increased interest in AI and knowledge management solutions.
This maker of customer engagement software is expected to post quarterly earnings of $0.02 per share in its upcoming report, which represents a year-over-year change of -81.8%. Revenues are expected to be $22.46 million, down 5.7% from the…
