eGain Corp (EGAN) is Downgraded by Ladenburg Thalmann to Neutral

eGain Corp (EGAN) was Downgraded by Ladenburg Thalmann to ” Neutral”. Earlier the firm had a rating of “Buy ” on the company shares. Ladenburg Thalmann advised their investors in a research report released on May 9, 2016.

On the company’s financial health, eGain Corp reported $-0.11 EPS for the quarter, based on the information available during the earnings call on May 5, 2016. Analyst had a consensus estimate of $-0.11. The company had revenue of $16.30 million for the quarter, compared to analysts expectations of $16.87 million. The company’s revenue was down -15.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.09 EPS.

eGain Corp closed down -0.18 points or -4.89% at $3.5 with 41,995 shares getting traded on Friday. Post opening the session at $3.5901, the shares hit an intraday low of $3.29 and an intraday high of $3.6 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Nov 17, 2015, Phiroz P Darukhanavala (director) sold 500 shares at $4.35 per share price. According to the SEC, on May 22, 2015, Eric Smit (Chief Financial Officer) sold 9,560 shares at $3.90 per share price.

eGain Corporation (eGain) provides cloud-based and on-site customer engagement software solutions. The Company is engaged in the development license implementation and support of customer service infrastructure software solutions. The Company optimizes service processes across the Web social and phone channels. eGain transforms fragmented sales engagement and customer service operations into unified customer interaction hubs. Its solutions offer businesses to design brand-aligned multi-channeled customer journeys. Whether a customer is looking to buy ask a question or pay a bill its solution offers businesses to provide customers personalized consistent responses. The eGain suite consists of mobile applications social applications web applications desktop applications management applications messaging applications eGain OpenCEH and eGain Connectors. It also designs its application server clusters so that servers can fail without interrupting the user experience.

eGain Corp

Leave a Reply

eGain Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on eGain Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.