eGain (NASDAQ:EGAN) reported fiscal third-quarter revenue growth and stronger profitability, while management said demand for its AI Knowledge offerings is increasing as enterprises look to improve the data and content foundations behind artificial intelligence projects.
Chief Executive Officer Ashu Roy said the company delivered “a strong third quarter with continued momentum” in its AI Knowledge business, citing customer expansion, partner engagement and new product introductions. He said year-to-date AI Knowledge annual recurring revenue, or ARR, grew 26%, while operating cash flow totaled $18.7 million through the first nine months of the fiscal year, representing a 27% margin.
