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EGain: Fiscal 2Q Earnings Snapshot

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SUNNYVALE, Calif. (AP) _ EGain Corp. (EGAN) on Wednesday reported fiscal second-quarter earnings of $1.6 million.

On a per-share basis, the Sunnyvale, California-based company said it had profit of 5 cents. Earnings, adjusted for stock option expense, were 6 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The maker of customer engagement software posted revenue of $19.2 million in the period.

For the current quarter ending in April, eGain said it expects revenue in the range of $18.3 million to $18.8 million.

EGain shares have climbed slightly more than 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $12.43, a climb of 24% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EGAN at https://www.zacks.com/ap/EGAN