EGain Communications Turns To Profit In Q4 - Quick Facts

(RTTNews) - eGain Communications Corp. (EGAN) posted fourth-quarter net income of $1.9 million or $0.07 per share, compared to net loss of $2.9 million or $0.12 per share in the previous year period.

Total revenues for the current fourth quarter dropped to $17.97 million from $10.64 million in the comparable quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.02 per share and revenue of $14.54 million. Analysts' estimates typically exclude special items.

For fiscal 2014, the company is estimating total revenue growth to be between 20% to 25%. Analysts currently expect fiscal 2013 revenues of $68.46 million.