eGain reports Q2 EPS 5c, consensus 2c

Reports Q2 revenue $22.39M, consensus $22.53M. “We won several new enterprise logos in the second quarter,” said Ashu Roy, eGain’s (EGAN) CEO. “As a result, our annual recurring revenue from AI Knowledge Hub customers grew by 17% year over year and 5% sequentially. Customer service automation is a strategic focus for AI investment in Global 1000. As a result, we are seeing a growing number of seven-figure ARR deals in our sales pipeline.”