eGain (EGAN) Receives a Hold from Oppenheimer


In a report released today, Brian Schwartz from Oppenheimer maintained a Hold rating on eGain (EGAN). The company’s shares closed last Wednesday at $12.46.

According to TipRanks.com, Schwartz is a top 25 analyst with an average return of 36.6% and a 81.0% success rate. Schwartz covers the Technology sector, focusing on stocks such as Bill.com Holdings, RingCentral, and Salesforce.

The the analyst consensus on eGain is currently a Hold rating.

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Based on eGain’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $19.06 million and net profit of $2.04 million. In comparison, last year the company earned revenue of $17.19 million and had a net profit of $1.22 million.

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eGain Corp. engages in the development, licensing, implementation, and support of customer service infrastructure software solutions. Its solutions include financial services, insurance, retail, travel and hospitality, ecommerce, helpdesks, and marketing. The company was founded by Ashutosh Roy and Gunjan Sinha in September 1997 and is headquartered in Sunnyvale, CA.

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