Investing.com - eGain (NASDAQ:EGAN) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
eGain announced earnings per share of $0.03 on revenue of $23.5M. Analysts polled by Investing.com anticipated EPS of $-0.0033 on revenue of $23.41M.
eGain shares are down 11% from the beginning of the year, still down 35.55% from its 52 week high of $13.70 set on February 9. They are outperforming the Nasdaq which is down 24.18% from the start of the year.
eGain follows other major Information Technology sector earnings this month
eGain's report follows an earnings beat by NVIDIA on August 24, who reported EPS of $0.51 on revenue of $6.7B, compared to forecasts EPS of $0.4991 on revenue of $6.7B.
Broadcom had beat expectations on September 1 with third quarter EPS of $9.73 on revenue of $8.46B, compared to forecast for EPS of $9.56 on revenue of $8.41B.
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