NASDAQ$EGAN

eGain Corp · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported record revenue with double digit growth.

eGain reported a record total revenue of $21.5 million, a 13% increase year over year, driven by a 20% increase in SaaS revenue. The company's GAAP net income was $551,000, or $0.02 per share, while non-GAAP net income was $2.7 million, or $0.08 per share.

  • Total revenue was $21.5 million, up 13% year over year.
  • SaaS revenue was $19.2 million, up 20% year over year.
  • GAAP net income was $551,000, or $0.02 per share on a diluted basis.
  • Non-GAAP net income was $2.7 million, or $0.08 per share on a diluted basis.

Headline financials

Total Revenue

$21.5M

Previous: $19.1M+12.5%
EPS (adj)

$0.08

Previous: $0.08+0.0%
Capital Expenditures

-$131K

Previous: -$79K-65.8%
Free Cash Flow

$420K

Previous: $1.97M-78.6%
Net Income

$551K

Previous: $2.04M-73.0%
Operating Income

$691K

Previous: $2.35M-70.6%
Gross Profit

$16.2M

Previous: $14.4M+11.9%
Cash & Equivalents

$70.4M

Previous: $53.1M+32.6%
Total Assets

$109M

Previous: $92.2M+18.4%
Stock-Based Comp

$2.11M

Previous: $470K+348.3%

Revenue & EPS history

eGain · Revenue · Quarterly

$21.5M

Q1 2022+12.5%vs Q1 2021
Beat estimate in 10 of 12 quarters(83%)
ActualEstimate

Revenue by segment

eGain · $1.31M total across 1 segment · Q1 2022

  • Professional services
    $1.31M-0.8%

Forward guidance

For the second quarter of fiscal 2022, eGain expects total revenue between $21.9 million and $22.3 million, and non-GAAP net income between $300,000 to $1.0 million. For the full fiscal year 2022, the company anticipates total revenue between $89.0 million and $90.5 million, and a non-GAAP net loss of $1.0 million to breakeven.

Tailwinds

  • Total revenue of between $21.9 million to $22.3 million, which would represent growth of 14% to 16% year over year.
  • Non-GAAP net income of $300,000 to $1.0 million, or $0.01 to $0.03 per share.
  • Total revenue of between $89.0 million to $90.5 million, which would represent growth of 14% to 16% year over year and is an increase from its previous annual revenue guidance of $88.2 million to $89.8 million.
  • Non-GAAP net loss of $1.0 million to breakeven, or a loss of $0.03 to $0.00 per share.
  • Weighted average shares outstanding are expected to be approximately 32.8 million for the second quarter of fiscal 2022 and 32.9 million for fiscal year 2022.

Headwinds

  • GAAP net loss of $2.9 million to $3.6 million, or $0.09 to $0.11 per share.
  • Includes stock-based compensation expense of approximately $4.0 million
  • Includes depreciation and amortization of approximately $120,000
  • GAAP net loss of $12.1 million to $13.1 million, or $0.37 to $0.40 per share.
  • Includes stock-based compensation expense of approximately $12 million

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.4%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+4.2%

Avg return

30 days after

48%

31 / 65 earnings

Positive

+42.9%

Q2 2019

Best reaction

-33.0%

Q4 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+3.6%+4.5%+10.7%
Q2 2026+1.6%+4.6%+0.2%
Q1 2026-24.9%-27.5%-31.5%
Q4 2025+4.5%+27.7%+60.8%
Q3 2025+4.0%+3.0%+18.2%
Q2 2025-18.2%-16.6%-24.1%
Q1 2025-7.9%-10.1%-3.1%
Q4 2024-14.5%-21.7%-23.3%
Q3 2024-9.4%-2.3%-7.8%
Q2 2024-24.3%-25.7%-19.8%
Q1 2024+9.2%+10.2%+25.8%
Q4 2023-4.4%+4.6%+0.2%
Q3 2023-4.8%-6.5%+5.3%
Q2 2023-10.1%-9.2%-14.4%
Q1 2023+16.4%+9.2%+9.5%
Q4 2022-14.3%-13.0%-16.4%
Q3 2022-4.9%-5.2%-13.9%
Q2 2022+25.4%+20.3%+13.7%
Q1 2022+8.8%+6.3%-3.5%
Q4 2021+4.1%+2.5%-9.2%
Q3 2021+15.5%+21.3%+21.7%
Q2 2021+8.4%+3.7%-13.0%
Q1 2021-25.7%-30.2%-31.0%
Q4 2020-12.1%-17.2%-1.1%
Q3 2020+21.4%+17.5%+19.0%
Q2 2020+15.2%+34.8%+6.2%
Q1 2020-1.5%-6.4%-3.7%
Q4 2019+9.7%+15.0%+3.6%
Q3 2019-11.4%-17.4%-17.1%
Q2 2019+42.9%+49.3%+50.3%
Q1 2019+2.8%-6.5%-15.9%
Q4 2018-33.0%-38.3%-40.2%
Q3 2018+18.5%+18.0%+51.7%
Q2 2018+9.8%+31.4%+52.9%
Q1 2018+12.7%+16.9%+57.6%
Q4 2017+21.6%+13.5%+89.2%
Q3 2017+0.0%-5.9%-8.8%
Q2 2017-2.4%-2.4%-11.9%
Q1 2017-3.6%-12.5%-21.4%
Q4 2016-3.9%-10.9%+1.3%
Q3 2016-10.3%
Q2 2016-1.0%
Q1 2016-3.8%
Q4 2015-8.6%
Q3 2015+0.6%
Q2 2015-23.6%
Q1 2015+20.7%
Q4 2014-2.3%
Q3 2014-9.9%
Q2 2014-10.6%
Q1 2014-9.3%
Q4 2013+23.1%
Q3 2013+1.1%
Q2 2013-1.7%
Q1 2013+1.5%
Q4 2010-1.3%
Q4 2012-2.9%
Q3 2012-3.1%
Q3 2011-3.1%
Q2 2011+0.8%
Q2 2012+0.8%
Q1 2012+8.3%
Q4 2011+8.3%
Q1 2011+8.3%
Q3 2010+16.9%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro