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EGain: Fiscal 4Q Earnings Snapshot

SUNNYVALE, Calif. (AP) _ EGain Corp. (EGAN) on Tuesday reported fiscal fourth-quarter net income of $166,000, after reporting a loss in the same period a year earlier.

The Sunnyvale, California-based company said it had profit of 1 cent per share. Earnings, adjusted for stock option expense and amortization costs, were 2 cents per share.

The maker of customer engagement software posted revenue of $16.8 million in the period.

For the year, the company reported net income of $4.2 million, or 14 cents per share, swinging to a profit in the period. Revenue was reported as $67.2 million.

EGain shares have climbed 15% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $7.56, a drop of 47% in the last 12 months.


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