The CFO of eGain Corp (NASDAQ: EGAN) is Selling Shares

By Carrie Williams

Today, the CFO of eGain Corp (NASDAQ: EGAN), Eric Smit, sold shares of EGAN for $168K.

Following Eric Smit’s last EGAN Sell transaction on May 13, 2015, the stock climbed by 7.3%. This is Smit’s first Sell trade following 3 Buy transactions.

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Based on eGain Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $15.75 million and GAAP net loss of $99K. In comparison, last year the company earned revenue of $13.85 million and had a GAAP net loss of $2.52 million. Currently, eGain Corp has an average volume of 204.3K.

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eGain Corp. provides cloud-based and on-site customer interaction software solutions. It specializes the development, license, implementation, and support of customer service infrastructure software solutions. Its services spans a range of applications include eGain Suite, mobile, web, desktops, management, and messaging.