Business Intelligence Watch TMC

eGAIN DOESN'T WAIT TO ANNOUNCE GOOD NEWS

July 21, 2005

eGain Communications Corporation isn't waiting to spread the good news regarding its good fortune. 

Though the provider of contact center and customer service software plans to announce its financial results next month following an audit, it has announced preliminary results for the quarter and fiscal year that concluded at the end of last month.

It expects quarterly revenue to be between $5.5 million and $5.8 million as opposed to $4.7 million a year ago. Also anticipated is revenue for the fiscal year to be in the range of $20.1 million and $20.4 million compared with $19.6 million in fiscal year 2004.

eGain also expects to report approximately break-even results from operations for the recently concluded fiscal year compared with a loss of $4.4 million in fiscal year 2004.



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