La vendita allo scoperto per eGain dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di eGain. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

eGain (NASDAQ:EGAN) Azioni, Report sulle vendite allo scoperto

eGain

eGain Corp automates customer engagement with an innovative Software as a service (SaaS) platform, powered by deep digital, Artificial intelligence (AI), and knowledge capabilities. It operates in the United States, the United Kingdom, and India. The company derives maximum of its revenues from North America. It provides its products to industries such as financial services, telecommunications, retail, government, healthcare, and utilities.

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EGAN

FIVN

Scopri le 3 azioni tecnologiche più sottovalutate da acquistare a settembre per opportunità di guadagno immediato.

3 azioni tecnologiche che non dovreste perdervi a settembre

eGain Corp

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Verint Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNT#NASDAQ">VRNT</a>)</h3>
<ul>
<li>On Sept. 4, Verint Systems reported worse-than-expected second-quarter financial results and announced a new $200 million stock buyback program. Dan Bodner, Verint CEO commented, "Behind our AI momentum is delivering ‘AI Business Outcomes, Now'&#x2122; better than any other vendor in the market. We launched our AI platform a year ago and we now have many customers, including some of the world's leading brands, reporting strong AI business outcomes achieving significant ROI with Verint's AI-powered bots. In Q2, we reported strong AI bookings growth and Bundled SaaS revenue growth driven by AI. We believe the AI opportunity in the contact center is very large and still in its early stages and that our ability to demonstrate measurable AI business outcomes positions us well for strong AI bookings growth in the second half of the year and accelerating revenue growth over time." The company's stock fell around 24% over the past month and has a <a href="https://www.benzinga.com/quote/VRNT">52-week low of $18.41</a>.</li>
<li>RSI Value: 26.27</li>
<li>VRNT Price Action: Shares of Verint closed at $24.91 on Tuesday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092524&amp;t=be2bearmibe3na1">latest VRNT news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="902" height="836" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25035910/image-194.png" alt="" class="wp-image-564918" style="width:697px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25035910/image-194.png 902w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25035910/image-194-300x278.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25035910/image-194-768x712.png 768w" sizes="(max-width: 902px) 100vw, 902px" /></a></figure>
<h3 class="wp-block-heading">Braze Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRZE#NASDAQ">BRZE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On Sept. 5, Braze reported quarterly earnings of nine cents per share, which beat the consensus estimate and revenue of $145.5 million which beat the analyst consensus estimate by 2.98%. "We delivered a great second quarter, demonstrating strong top-line growth while driving efficiency in our business, achieving our first quarter of non-GAAP operating income profitability and non-GAAP net income profitability. Our results demonstrate our effective execution and continued demand for the Braze Customer Engagement Platform," said Bill Magnuson, CEO of Braze. The company's stock fell around 29% over the past month. It has <a href="https://www.benzinga.com/quote/BRZE">a 52-week low</a> of $31.80.</li>
<li>RSI Value: 27.87</li>
<li>BRZE Price Action: Shares of Braze fell 5.7% to close at $32.64 on Tuesday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092524&amp;t=be2bearmibe3na1">trend in BRZE stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="905" height="857" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040034/image-195.png" alt="" class="wp-image-564919" style="width:635px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040034/image-195.png 905w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040034/image-195-300x284.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040034/image-195-768x727.png 768w" sizes="(max-width: 905px) 100vw, 905px" /></a></figure>
<h3 class="wp-block-heading">YXT.Com Group Holding Ltd &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YXT#NASDAQ">YXT</a>)</h3>
<ul>
<li>On Aug. 21, YXT.com Group announced the closing of initial public offering. The company's shares fell around 59% over the past month and has a 52-week<a href="https://www.benzinga.com/quote/YXT"> low of $3.21</a>.</li>
<li>RSI Value: 15.60</li>
<li>YXT Price Action: Shares of YXT.Com Group fell 7.4% to close at $3.49 on Tuesday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092524&amp;t=be2bearmibe3na1">breakout in YXT shares.</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="872" height="817" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040320/image-196.png" alt="" class="wp-image-564925" style="width:699px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040320/image-196.png 872w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040320/image-196-300x281.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040320/image-196-768x720.png 768w" sizes="(max-width: 872px) 100vw, 872px" /></a></figure>
<h3 class="wp-block-heading">TROOPS Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROO#NASDAQ">TROO</a>)</h3>
<ul>
<li>The company's shares lost around 18% over the past five days. The company's 52-week low is $0.73.</li>
<li>RSI Value: 29.69</li>
<li>TROO Price Action: Shares of TROOPS fell 4.5% to close at $2.97 on Tuesday.</li>
<li>Benzinga Pro's earnings calendar was used to track upcoming <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092524&amp;t=be2bearmibe3na1">TROO earnings reports</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="923" height="565" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040430/image-197.png" alt="" class="wp-image-564927" style="width:652px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040430/image-197.png 923w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040430/image-197-300x184.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040430/image-197-768x470.png 768w" sizes="(max-width: 923px) 100vw, 923px" /></a></figure>
eGain Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGAN#NASDAQ">EGAN</a>)
<ul>
<li>On Sept. 5, eGain reported fourth-quarter financial results and issued FY25 adjusted EPS guidance below estimates. "As businesses invest in Gen AI at scale, our AI Knowledge Hub helps deliver trusted answers for customer service, reducing cost and improving experience," said Ashu Roy, eGain's CEO. "As a result, new logo wins and RFPs for AI Knowledge were up 50 percent in fiscal 2024, and we are investing into this growing market opportunity for AI Knowledge." The company's shares fell around 35% over the past month. The company <a href="https://www.benzinga.com/quote/EGAN">has a 52-week low</a> of $4.81.</li>
<li>RSI Value: 29.12</li>
<li>EGAN Price Action: Shares of eGain fell 1.6% to close at $4.92 on Tuesday. </li>
<li>Benzinga Pro&#8217;s insiders feature was used to track insider <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092524&amp;t=be2bearmibe3na1">trading in EGAN&#8217;s stoc</a>k.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="892" height="808" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040616/image-198.png" alt="" class="wp-image-564928" style="width:635px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040616/image-198.png 892w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040616/image-198-300x272.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25040616/image-198-768x696.png 768w" sizes="(max-width: 892px) 100vw, 892px" /></a></figure>
Read More: 
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</ul>

BRZE

TROO

VRNT

Top 5 Tech Stocks That May Rocket Higher This Month

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">eGain Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGAN#NASDAQ">EGAN</a>)</h3>
<ul>
<li>On Sept. 5, eGain reported fourth-quarter financial results and issued FY25 adjusted EPS guidance below estimates. &#8220;As businesses invest in Gen AI at scale, our AI Knowledge Hub helps deliver trusted answers for customer service, reducing cost and improving experience,&#8221; said Ashu Roy, eGain&#8217;s CEO. &#8220;As a result, new logo wins and RFPs for AI Knowledge were up 50 percent in fiscal 2024, and we are investing into this growing market opportunity for AI Knowledge.&#8221; The company's stock fell around 26% over the past five days and has a <a href="https://www.benzinga.com/quote/EGAN">52-week low of $4.81</a>.</li>
<li>RSI Value: 25.80</li>
<li>EGAN Price Action: Shares of eGain fell 4.1% to close at $4.90 on Wednesday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091224&amp;t=be2bearmibe3na1">latest EGAN news.</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="892" height="837" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063831/image-1-25.png" alt="" class="wp-image-544207" style="width:681px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063831/image-1-25.png 892w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063831/image-1-25-300x282.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063831/image-1-25-768x721.png 768w" sizes="(max-width: 892px) 100vw, 892px" /></a></figure>
<h3 class="wp-block-heading">Five9 Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On Aug. 8, Five9 reported second-quarter 2024 results. Revenue was $252.1 million, beating the consensus of $245.2 million. Mike Burkland, Chairman and CEO,said, "We are pleased to report strong second quarter results, achieving a key milestone with annual revenue run rate exceeding $1 billion, primarily driven by LTM enterprise subscription revenue growing 21% year-over-year." The company's stock fell around 16% over the past month. It<a href="https://www.benzinga.com/quote/FIVN"> has a 52-week low</a> of $26.60.</li>
<li>RSI Value: 26.38</li>
<li>FIVN Price Action: Shares of Five9 rose 1.3% to close at $27.33 on Wednesday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091224&amp;t=be2bearmibe3na1">trend in FIVN stock. </a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="912" height="840" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063907/image-96.png" alt="" class="wp-image-544208" style="width:673px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063907/image-96.png 912w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063907/image-96-300x276.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063907/image-96-768x707.png 768w" sizes="(max-width: 912px) 100vw, 912px" /></a></figure>
<h3 class="wp-block-heading">RingCentral Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNG#NYSE">RNG</a>)</h3>
<ul>
<li>On Sept. 3, RingCentral announced that CFO Sonalee Parekh will resign. Vlad Shmunis, Founder, Chairman and CEO of RingCentral, said, &#8220;On behalf of the Board and our entire team, I want to thank Sonalee for her many contributions to RingCentral, particularly improved profitability and free cash flow. She has been a trusted partner, and we wish her all the best in her future endeavors.&#8221; The company's shares fell around 12% over the past month and has a 52-week<a href="https://www.benzinga.com/quote/RNG"> low of $25.08</a>.</li>
<li>RSI Value: 29.93</li>
<li>RNG Price Action: Shares of RingCentral rose 0.9% to close at $28.00 on Wednesday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091224&amp;t=be2bearmibe3na1">breakout in RNG shares</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="890" height="846" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063934/image-1-26.png" alt="" class="wp-image-544209" style="width:658px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063934/image-1-26.png 890w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063934/image-1-26-300x285.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063934/image-1-26-768x730.png 768w" sizes="(max-width: 890px) 100vw, 890px" /></a></figure>
Read More:<a href="https://www.benzinga.com/top-stories/24/09/40813043/jim-cramer-not-the-time-to-own-oil-when-asked-about-exxon-mobil-says-ibm-is-performing-well"> </a>
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<li><a href="https://www.benzinga.com/top-stories/24/09/40813043/jim-cramer-not-the-time-to-own-oil-when-asked-about-exxon-mobil-says-ibm-is-performing-well">Jim Cramer: &#8216;Not The Time To Own Oil,&#8217; When Asked About Exxon Mobil; Says IBM Is &#8216;Performing Well&#8217;</a></li>
</ul>

Top 3 Tech Stocks You'll Regret Missing In September

Roth MKM analyst Richard Baldry reiterates eGain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGAN#NASDAQ">EGAN</a>) with a Buy and maintains $12 price target.

Price Target

Reiteration

Analyst Ratings

Roth MKM Reiterates Buy on eGain, Maintains $12 Price Target

Craig-Hallum analyst Jeff Van Rhee maintains eGain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGAN#NASDAQ">EGAN</a>) with a Hold and raises the price target from $6 to $7.

Craig-Hallum Maintains Hold on eGain, Raises Price Target to $7

WIIM

eGain shares are trading lower after the company reported Q4 financial results and issued FY25 adjusted EPS guidance eblow estimates.

Guidance

eGain Sees FY25 Adj. EPS $0.17-$0.20 Vs $0.34; Revenue $92.0M-$93.0M Vs $91.698M Est.

eGain Sees Q1 Adj. EPS $(0.01)-$(0.02); Revenue $21.4M-$21.8M

eGain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGAN#NASDAQ">EGAN</a>) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $0.03 by 166.67 percent. The company reported quarterly sales of $22.500 million which beat the analyst consensus estimate of $21.357 million by 5.35 percent. This is a 8.67 percent decrease over sales of $24.635 million the same period last year.

Earnings

Earnings Beats

eGain Q4 2024 Adj. EPS $0.08 Beats $0.03 Estimate, Sales $22.500M Beat $21.357M Estimate

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eGain Corporation Selected By Virginia529 To Elevate Customer and Advisor Experience For Its Five9 Call Center, And Managed Services

Buybacks

eGain Board Approves $20M Increase To Stock Buyback Program

Key benefits include up to&nbsp;50%&nbsp;reduction in agent training time; up to&nbsp;35%&nbsp;enhancement in first-contact resolution; and up to&nbsp;70%&nbsp;deflection of agent-assisted service requests

TIXT

TELUS International Partners With eGain To Enhance Contact Center Services With Advanced Knowledge Management And AI Capabilities

eGain shares are trading lower after the company reported mixed Q3 financial results.

eGain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGAN#NASDAQ">EGAN</a>) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $0.07 by 14.29 percent. This is a 166.67 percent increase over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $22.350 million which missed the analyst consensus estimate of $22.806 million by 2.00 percent. This is a 2.88 percent decrease over sales of $23.013 million the same period last year.

Earnings Misses

eGain Q3 2024 Adj EPS $0.08 Beats $0.07 Estimate, Sales $22.350M Miss $22.806M Estimate

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi"> RSI is below 30</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3>eGain Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/egan#NASDAQ">EGAN</a>)</h3>
<ul>
<li>On Feb. 8, eGain reported better-than-expected second-quarter financial results. &ldquo;Our AssistGPT offering helped us win new logos in the quarter,&quot; said Ashu Roy, eGain&rsquo;s CEO. &quot;We see growing interest in knowledge management as a foundation for effective Generative AI use in customer service.&rdquo; The company&rsquo;s stock fell around 23% over the past five days and has a <a href="https://www.benzinga.com/quote/EGAN">52-week low of $5.50 </a>.</li>
<li>RSI Value: 22.45</li>
<li>EGAN Price Action: Shares of eGain gained 2.8% to close at $5.94 on Monday.</li>
</ul>
<h3>WiSA Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wisa#NASDAQ">WISA</a>)</h3>
<ul>
<li>On Feb. 12, WiSA Technologies announced the pricing of a $10 million public offering of 153,840,000 unit at $0.065 per unit. The company&rsquo;s stock fell around 41% over the past five days. It <a href="https://www.benzinga.com/quote/WISA"> has a 52-week low </a> of $0.0445.</li>
<li>RSI Value: 17.71</li>
<li>WISA Price Action: Shares of WiSA Technologies fell 36.9% to close at $0.0501 on Monday.</li>
</ul>
<h3>CalAmp Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/camp#NASDAQ">CAMP</a>)</h3>
<ul>
<li>On Jan. 9, CalAmp posted downbeat quarterly sales. &ldquo;In the third quarter, strength in our industrial and connected car segments was offset by soft demand in our TSP segment. Soft demand with TSPs led to lower than expected consolidated revenue and Adjusted EBITDA. We continue to work closely with our TSP customers as they rebalance inventory levels and respond to an overall competitive environment. We are optimistic that our rejuvenated efforts in this segment will result in a return to revenue growth from current levels&rdquo; said Interim CEO, Jason Cohenour. The company&rsquo;s stock fell around 23% over the past five days and has a 52-week <a href="https://www.benzinga.com/quote/CAMP"> low of $2.29.</a></li>
<li>RSI Value: 14.44</li>
<li>CAMP Price Action: Shares of CalAmp gained 1.8% to close at $2.81 on Monday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/24/02/37086354/teradata-coca-cola-and-3-stocks-to-watch-heading-into-tuesday"> Teradata, Coca-Cola And 3 Stocks To Watch Heading Into Tuesday </a>

Penny Stocks

CAMP

WISA

Top 3 Tech Stocks Which Could Rescue Your Portfolio This Quarter

Shares of Take-Two Interactive Software, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ttwo#NASDAQ">TTWO</a>) fell sharply during Friday&rsquo;s session following third-quarter results.
Take-Two reported third-quarter total net bookings of $1.34 billion, down 3% year-over-year. The company also revised its 2024 net bookings forecast to $5.25 billion and $5.3 billion, down from $5.45 billion and $5.55 billion earlier.
Take-Two Interactive Software shares dipped 8.8% to $154.69 on Friday.
Here are some other stocks moving in today&#39;s mid-day session.
<h3>Gainers</h3>
<ul>
<li>Sunworks, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sunw#NASDAQ">SUNW</a>) shares jumped 267% to $0.1990. Sunworks and three subsidiaries recently made the decision to cease operations and filed for Chapter 7 bankruptcy in the United States Bankruptcy Court for the District of Delaware.</li>
<li>TOP Financial Group Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/top#NASDAQ">TOP</a>) gained 87.55% to $6.13.</li>
<li>NanoString Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nstg#NASDAQ">NSTG</a>) shares climbed 66% to $0.1932 after the company disclosed completion of financing to support restructuring process.</li>
<li>Intelligent Bio Solutions Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/inbs#NASDAQ">INBS</a>) jumped 47.3% to $4.24 following second-quarter results.</li>
<li>TC Biopharm (Holdings) Plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tcbp#NASDAQ">TCBP</a>) shares climbed 46% to $1.6099 after jumping over 16% on Thursday.</li>
<li>Intelligent Living Application Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ilag#NASDAQ">ILAG</a>) gained 45.5% to $0.6851 after surging around 24% on Thursday.</li>
<li>Green Giant Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gge#NASDAQ">GGE</a>) shares rose 44.4% to $0.0535 after gaining 25% on Thursday.</li>
<li>Better Choice Company Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bttr#NYSE">BTTR</a>) gained 35% to $0.2379. Better Choice acquired Aimia Pet Healthco.</li>
<li>Masonite International Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/door#NYSE">DOOR</a>) surged 34.5% to $129.99 after Owens Corning announced it will acquire the company for $3.9 billion.</li>
<li>Cloudflare, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/net#NYSE">NET</a>) rose 23.5% to $111.49 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance.</li>
<li>CleanSpark, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clsk#NASDAQ">CLSK</a>) shares gained 22% to $12.81 after the company reported a year-over-year increase in first-quarter GAAP EPS and better-than-expected sales results.</li>
<li>Centessa Pharmaceuticals plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cnta#NASDAQ">CNTA</a>) climbed 20.5% to $8.99. Centessa Pharmaceuticals will present additional 52-weeks continuous treatment data from third year ongoing Phase 2a study of SerpinPC for treatment of hemophilia at 17th Annual Congress of European Association for Haemophilia and Allied Disorders.</li>
<li>IGM Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/igms#NASDAQ">IGMS</a>) gained 19.2% to $15.44.</li>
<li>Streamline Health Solutions, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/strm#NASDAQ">STRM</a>) rose 18.8% to $0.4814.</li>
<li>Natural Grocers by Vitamin Cottage, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ngvc#NYSE">NGVC</a>) gained 18.2% to $17.51 following quarterly results.</li>
<li>Soho House &amp; Co Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/shco#NYSE">SHCO</a>) rose 15.7% to $5.79. Soho House announced its board evaluated certain strategic transactions in the fall of 2023.</li>
<li>Iris Energy Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iren#NASDAQ">IREN</a>) gained 13.1% to $5.77.</li>
<li>Matrix Service Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mtrx#NASDAQ">MTRX</a>) rose 13.1% to $12.82.</li>
<li>Terns Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tern#NASDAQ">TERN</a>) gained 12.6% to $7.07.</li>
<li>Central Garden &amp; Pet Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cent#NASDAQ">CENT</a>) rose 10.4% to $43.03. Central Garden &amp; Pet reported better-than-expected first-quarter financial results.</li>
<li>Impinj, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pi#NASDAQ">PI</a>) gained 10.2% to $117.18 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates.</li>
<li>Ocular Therapeutix, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ocul#NASDAQ">OCUL</a>) rose 8.2% to $5.44. B of A Securities analyst Tazeen Ahmad initiated coverage on Ocular Therapeutix with a Buy rating and announced a price target of $15.</li>
<li>Mueller Water Products, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mwa#NYSE">MWA</a>) gained 8% to $14.99 following upbeat results.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Synlogic, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sybx#NASDAQ">SYBX</a>) fell 53.3% to $1.61 after the company announced it will discontinue Synpheny-3, cease operations and reduce its workforce by more than 90%.</li>
<li>The Children&#39;s Place, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/plce#NASDAQ">PLCE</a>) shares fell 52.7% to $9.34 after the company said it expects fourth-quarter net sales to be roughly $454 million to $456 million, versus its prior guidance of $460 million to $465 million, and below the estimate of $462.88 million.</li>
<li>BioXcel Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/btai#NASDAQ">BTAI</a>) fell 33.7% to $2.4882 after the company announced a proposed public offering.</li>
<li>Jin Medical International Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zjyl#NASDAQ">ZJYL</a>) declined 33.5% to $8.62.</li>
<li>EMCORE Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/emkr#NASDAQ">EMKR</a>) fell 32% to $0.4275 after posting weak quarterly results.</li>
<li>MicroAlgo Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mlgo#NASDAQ">MLGO</a>) declined 31% to $0.7172.</li>
<li>Renalytix Plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rnlx#NASDAQ">RNLX</a>) shares fell 30% to $0.3791 after climbing over 96% on Thursday.</li>
<li>Lantronix, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ltrx#NASDAQ">LTRX</a>) fell 28.8% to $4.1350 following weak sales.</li>
<li>MicroCloud Hologram Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/holo#NASDAQ">HOLO</a>) shares declined 27.4% to $20.81 after jumping over 59% on Thursday. The company announced it planned to join the Communications Industry Association. HOLO intends to join the Communications Industry Association to foster information technology innovation.</li>
<li>eGain Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/egan#NASDAQ">EGAN</a>) fell 24.4% to $5.77 following second-quarter results.</li>
<li>AMC Networks Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amcx#NASDAQ">AMCX</a>) declined 19.1% to $13.78 following weak earnings.</li>
<li>Virco Mfg. Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/virc#NASDAQ">VIRC</a>) dipped 18.6% to $9.48.</li>
<li>Expedia Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/expe#NASDAQ">EXPE</a>) declined 17.6% to $131.38 after the company reported fourth-quarter financial results and named Ariane Gorin as CEO.</li>
<li>Adlai Nortye Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/anl#NASDAQ">ANL</a>) fell 12.3% to $7.50.</li>
<li>Newell Brands Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nwl#NASDAQ">NWL</a>) declined 11.8% to $7.45 following quarterly results.</li>
<li>Pinterest, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pins#NYSE">PINS</a>) shares declined 11.4% to $36.07. Pinterest reported upbeat earnings for its fourth quarter, while sales missed estimates. The company said it sees first-quarter revenue in the range of $690 million to $705 million versus estimates of $702.36 million.</li>
<li>BILL Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bill#NYSE">BILL</a>) fell 11% to $67.40 following quarterly results.</li>
<li>Affirm Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/afrm#NASDAQ">AFRM</a>) shares fell 10.6% to $43.98 after the company reported second-quarter financial results.</li>
<li>IBEX Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ibex#NASDAQ">IBEX</a>) fell 10.2% to $15.61.</li>
<li>Sensient Technologies Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sxt#NYSE">SXT</a>) fell 9.6% to $56.62 following weak earnings.</li>
<li>Owens Corning (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oc#NYSE">OC</a>) fell 6.9% to $148.43 after the company announced an agreement to acquire Masonite for $3.9 billion.</li>
<li>Magna International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mga#NYSE">MGA</a>) declined 6.5% to $54.89 after the company reported mixed quarterly results.</li>
<li>Illumina, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ilmn#NASDAQ">ILMN</a>) shares declined 2.7% to $139.45 following fourth-quarter results.</li>
</ul>
&nbsp;
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Small Cap

Intraday Update

Movers

AFRM

AMCX

BILL

BTAI

BTTR

CENT

CLSK

CNTA

DOOR

EMKR

EXPE

MicroCloud Hologram Inc. - Ordinary Shares

HOLO

IBEX

IGMS

ILAG

ILMN

Intelligent Bio Solutions Inc. - Common Stock

INBS

IREN

LTRX

MLGO

MTRX

NGVC

NSTG

OCUL

PINS

PLCE

RNLX

SHCO

STRM

SUNW

SYBX

TCBP

TERN

TTWO

VIRC

ZJYL

Why Take-Two Interactive Software Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Friday's Mid-Day Session

<h3>Gainers</h3>
<ul>
<li>Cleanspark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) shares rose 29.3% to $13.58 during Friday's regular session. The company's market cap stands at $2.6 billion. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Meta Materials (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMAT#NASDAQ">MMAT</a>) shares increased by 24.11% to $3.5. The market value of their outstanding shares is at $19.7 million. </li>
<li>Cloudflare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>) stock rose 23.64% to $111.66. The company's market cap stands at $37.4 billion. The company's, Q4 earnings came out yesterday. </li>
<li>Aeva Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEVA#NYSE">AEVA</a>) stock rose 20.57% to $1.06. The market value of their outstanding shares is at $277.6 million. </li>
<li>SPS Commerce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPSC#NASDAQ">SPSC</a>) shares rose 15.63% to $212.5. The market value of their outstanding shares is at $7.7 billion. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Iris Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>) shares increased by 14.8% to $5.86. The company's market cap stands at $392.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>EMCORE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMKR#NASDAQ">EMKR</a>) stock fell 34.8% to $0.41 during Friday's regular session. The company's market cap stands at $31.6 million. As per the news, the Q1 earnings report came out yesterday. </li>
<li>MicroAlgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) shares declined by 33.76% to $0.69. The company's market cap stands at $41.0 million. </li>
<li>Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) shares fell 30.99% to $4.01. The company's market cap stands at $149.4 million. The company's, Q2 earnings came out yesterday. </li>
<li>MicroCloud Hologram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) stock declined by 24.99% to $21.53. The market value of their outstanding shares is at $127.9 million. </li>
<li>eGain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGAN#NASDAQ">EGAN</a>) stock fell 23.55% to $5.83. The company's market cap stands at $183.6 million. As per the news, the Q2 earnings report came out yesterday. </li>
<li>CCSC Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCTG#NASDAQ">CCTG</a>) shares fell 17.27% to $3.93. The company's market cap stands at $44.7 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AEVA

CCTG

MMAT

SPSC

12 Information Technology Stocks Moving In Friday's Intraday Session

Roth MKM analyst Richard Baldry maintains eGain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGAN#NASDAQ">EGAN</a>) with a Buy and lowers the price target from $15 to $12.

Roth MKM Maintains Buy on eGain, Lowers Price Target to $12

eGain Sees FY24 Adj. EPS $0.29-$0.31 Vs $0.39 Est.; Revenue $92M-$93M Vs $97.150M Est.

eGain Sees Q3 2024 Adj. EPS $0.05-$0.07 Vs $0.09 Est.; Revenue $22.6M-$23.0M Vs $24.291M

eGain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGAN#NASDAQ">EGAN</a>) reported its Q2 earnings results on Thursday, February 8, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
eGain beat estimated earnings by 37.5%, reporting an EPS of $0.11 versus an estimate of $0.08.
Revenue was down $1.78 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.05 which was followed by a 8.29% increase in the share price the next day.
Here's a look at eGain's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.07</td>
<td>0.05</td>
<td>0.01</td>
<td>0.03</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.12</td>
<td>0.11</td>
<td>0.03</td>
<td>0.05</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>23.86M</td>
<td>23.71M</td>
<td>23.43M</td>
<td>25.09M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>24.18M</td>
<td>24.64M</td>
<td>23.01M</td>
<td>25.60M</td>
</tr>
</tbody>
</table>

To track all earnings releases for eGain <a href="https://www.benzinga.com/quote/EGAN/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

eGain: Q2 Earnings Insights

eGain Corporation 2024 Q1 - Results - Earnings Call Presentation

The future looks promising for the software sector due to growing investments in digital transformation and a strong demand for advanced software services and unified communications. Despite the market turmoil, investors could consider buying top software stocks, RingCentral (RNG), Vimeo (VMEO), and eGain (EGAN). Read more... The stock market remains volatile, with April seeing a reversal in stock performance, <a href="https://www.usbank.com/investing/financial-perspectives/market-news/is-a-market-correction-coming.html">breaking a streak of six months of gains</a>. While the S&amp;P 500 hit record highs in March, it faced notable fluctuations throughout April. However, fundamentally robust software stocks, RingCentral, Inc. (<a href="https://stocknews.com/stock/RNG/">RNG</a>), Vimeo, Inc. (<a href="https://stocknews.com/stock/VMEO/">VMEO</a>), and eGain Corporation (<a href="https://stocknews.com/stock/EGAN/">EGAN</a>) could help navigate the current volatility.
The promising prospects of the software industry are shaped by businesses prioritizing scalable cloud services, increased blockchain use for fraud prevention, AI and low-code development, and emerging trends such as the Internet of Behavior, Total Experience, edge computing, AR/VR, and DevOps. The global business software and services market is forecasted to grow at a <a href="https://www.grandviewresearch.com/industry-analysis/business-software-services-market">CAGR of 11.9%</a> until 2030.
Gartner predicts worldwide IT spending to grow 6.8% year-over-year to $5 trillion in 2024, with spending on software projected to increase 12.7% over the prior year to <a href="https://www.gartner.com/en/newsroom/press-releases/01-17-2024-gartner-forecasts-worldwide-it-spending-to-grow-six-point-eight-percent-in-2024">$1.03 trillion</a>. The software market is expected to grow at a <a href="https://www.statista.com/outlook/tmo/software/worldwide">5.3% CAGR</a> from 2024 to 2028, reaching $858.10 billion. This expansion is fueled by rising investment in mobile apps, especially in AI, mobile gaming, and new monetization approaches.
Furthermore, as public and hybrid cloud services gain traction worldwide, businesses are investing significantly in Software-as-a-Service (SaaS). This offers benefits like easy access, scalability, cost-effectiveness, automatic updates, and enhanced security measures. The global SaaS market is projected to grow at a <a href="https://www.researchandmarkets.com/reports/5939098/software-service-saas-global-market-report">CAGR of 6.2%</a> to reach $325.84 billion in 2028.
Now, let's take a closer look at the fundamentals of the stocks mentioned above.
RingCentral, Inc. (<a href="https://stocknews.com/stock/RNG/">RNG</a>)
RingCentral, along with its subsidiaries, provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide. The company's products include RingCentral Message Video Phone, RingCentral Contact Center, RingCX, RingCentral Video, and RingCentral Professional Services, serving various industries.
On April 30, 2024, RNG announced new platform capabilities, including RingSense AI APIs and Workflow Builder, enabling non-technical users and developers to embed AI, video, and social messaging into workflows, automate alerts and notifications, and develop intuitive customer experiences without coding, alongside industry recognition for its platform's versatility and leadership.
These new features will allow businesses to streamline their processes and enhance customer interactions with minimal technical expertise required.
On April 2, 2024, RNG announced the launch of Brightspeed Voice+ with Brightspeed, offering enterprise customers AI-driven integrated messaging, video, and voice capabilities, streamlining business communications and enhancing workforce collaboration.
This new solution aims to improve productivity and efficiency by providing a seamless communication experience across various channels. Brightspeed Voice+ also includes advanced security features to protect sensitive business data.
In terms of the trailing-12-month gross profit margin, RNG's 70.08% is 43.6% higher than the 48.79% industry average. Likewise, its 24.37% trailing-12-month levered FCF margin is 145.9% higher than the 9.91% industry average. Furthermore, its 1.15x trailing-12-month <a href="https://www.investopedia.com/terms/a/assetturnover.asp">asset turnover ratio</a> is 89.3% higher than the 0.61x industry average.
RNG's total revenues for the fiscal first quarter ended March 31, 2024, grew 9.5% year-over-year to $584.21 million. Its non-GAAP income from operations rose 31.6% over the prior-year quarter to $121.09 million.
Additionally, the company's non-GAAP net income and non-GAAP net income per share came in at $83.73 million and $0.87, representing increases of 14.3% and 14.5% year-over-year, respectively.
Street expects RNG's EPS and revenue for the quarter ending June 30, 2024, to increase 5.9% and 8.7% year-over-year to $0.88 and $586.44 million, respectively. It surpassed the Street EPS estimates in each of the trailing four quarters. Over the past six months, the stock has gained 28.5% to close the last trading session at $35.41.
RNG's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect strong prospects. It has an overall rating of A, which translates to a Strong Buy in our proprietary system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It is ranked #7 out of 43 stocks in the <a href="https://stocknews.com/category/software-business/">Software - Business</a> industry. It has an A grade for Growth, and Value and a B for Quality. <a href="https://stocknews.com/stock/RNG/">Click here</a> to see RNG's Momentum, Stability, and Sentiment ratings.
Vimeo, Inc. (<a href="https://stocknews.com/stock/VMEO/">VMEO</a>)
VMEO and its subsidiaries provide video software solutions worldwide. The company offers video tools through a software-as-a-service model, which enables its users to create, collaborate, and communicate with video on a single platform.
On February 29, 2024, VMEO announced the launch of Vimeo Central, an AI-powered video hub designed for enterprise communication. It offers features like enhanced video libraries, AI-powered tools for video condensation and summaries, and a recording studio for effective team collaboration and engagement, addressing the challenges of decentralized knowledge and improving productivity.
With Vimeo Central, businesses can streamline their internal communication processes by easily creating, sharing, and organizing video content. This platform aims to revolutionize the way companies communicate and collaborate in a remote work environment.
In terms of the trailing-12-month net income margin, VMEO's 6.88% is 159.2% higher than the 2.66% industry average. Its 0.69x trailing-12-month asset turnover ratio is 41.2% higher than the industry average of 0.49x. In addition, VMEO's 4.61% trailing-12-month Return on Total Assets is 302.4% higher than the industry average of 1.14%.
For the fiscal first quarter that ended March 31, 2024, VMEO's revenue came in at $104.91 million, up 1.3% year-over-year. Its non-GAAP gross profit rose 1.7% year-over-year to $81.70 million. The company's net earnings came in at $6.07 million, compared to a net loss of $698 thousand in the year-ago quarter. Additionally, its EPS stood at $0.04.
Analysts expect VMEO's EPS and revenue for fiscal 2025 to increase 45.3% and 3.4% year-over-year to $0.07 and $413.40 million, respectively. It surpassed the consensus EPS and revenue estimates in each of the trailing four quarters. Over the past year, the stock has gained 8.2% to close the last trading session at $3.82.
VMEO's positive outlook is reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It is ranked #2 out of 18 stocks in the A-rated <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry. It has an A for Value, and Quality and a B for Sentiment. To see VMEO's Growth, Momentum, and Stability ratings, <a href="https://stocknews.com/stock/VMEO/">click here</a>.
eGain Corporation (<a href="https://stocknews.com/stock/EGAN/">EGAN</a>)
EGAN specializes in developing, licensing, implementing, and supporting customer service infrastructure software solutions. Their main offering is the Knowledge Hub, a unified solution that automates, augments, and orchestrates customer engagement. EGAN provides subscription services for cloud-based access to their software and offers professional services.
On March 25, 2024, EGAN announced AssistGPT for CCaaS at Enterprise Connect, offering an AI-driven zero-code tool to automate knowledge management, with pre-built connectors to leading CCaaS providers, accelerating knowledge deployment and minimizing risks.
This new tool will revolutionize the way contact centers operate by streamlining processes and improving customer service. With its user-friendly interface and seamless integration capabilities, AssistGPT is poised to become a game-changer in the industry.
On March 8, 2024, EGAN and GreenPath Financial Wellness expanded the capabilities offered by the Virtual Financial Coach Lea, providing personalized guidance on managing debt, boosting savings, and improving credit health. Through this partnership, users can access tailored financial advice and resources to help them achieve their financial goals.
In terms of the trailing-12-month EBIT margin, EGAN's 7.51% is 69.7% higher than the 4.43% industry average. Likewise, its trailing-12-month Return on Common Equity of 14.12% is 362.1% higher than the 3.06% industry average. Additionally, its 10.64% trailing-12-month levered FCF margin is 7.4% higher than the industry average of 9.91%.
For the fiscal third quarter that ended March 31, 2024, EGAN reported a total revenue of $22.35 million. Its gross profit amounted to $15.49 million. The company's non-GAAP net income and non-GAAP EPS came in at $2.60 million and $0.08, respectively, up 142.1% and 166.7% over the prior-year quarter. Also, its adjusted EBITDA increased 96.3% year-over-year to $2.25 million.
For fiscal 2024 EGAN's EPS is expected to increase 34% year-over-year to $0.34. Its revenue for fiscal 2025 is expected to increase marginally year-over-year to $91.72 million. It surpassed the Street EPS  estimates in each of the trailing four quarters. Over the past three months, the stock has gained marginally to close the last trading session at $5.79.
EGAN's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
It has an A grade for Value, Sentiment, and Quality and a B for Stability. Within the <a href="https://stocknews.com/category/software-application/">Software – Application</a> industry, it is ranked #3 out of 136 stocks. To access the additional POWR Ratings for EGAN's for Growth, and Momentum, <a href="https://stocknews.com/stock/EGAN/">click here</a>.
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<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/rng-vmeo-egan-top-software-stocks-still-thriving-amid-market-turmoil/>Top Software Stocks Still Thriving Amid Market Turmoil</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Top Software Stocks Still Thriving Amid Market Turmoil

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VMEO

Press Releases

eGain Reports Continued Momentum in New Logo Wins Driven by AI Knowledge Offering

TELUS International Partners with eGain to Elevate its Contact Center as a Service (CCaaS) Offering with Modern Knowledge Management and AI Functionalities

General

Global 50 Manufacturing Giant Trusts eGain for Knowledge-Powered Customer Service

eGain Announces Increase to Stock Repurchase Program of $20 Million

eGain named a Representative Vendor in the 2024 Gartner® Market Guide for Customer Service Knowledge Management Systems

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Virginia529 Selects eGain AI Knowledge to Elevate Customer and Advisor Experience

eGain releases "Knowledge Management for Dummies, eGain 2nd Special Edition" with John Wiley & Sons

eGain to Announce Fiscal 2024 Fourth Quarter and Full Year Financial Results on September 5, 2024

eGain Announces Fourth Quarter and Fiscal Year 2024 Financial Results; AI Knowledge Fuels New Logo Momentum

AI knowledge thought leaders and practitioners to convene at eGain Solve 2024

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