Tech Earnings Roundup: eGain, Lantronix, and Yext Report Q4 Results

8 Sources

eGain, Lantronix, and Yext release their latest quarterly earnings reports, showcasing varying results in revenue, AI initiatives, and market performance. This summary provides an overview of each company's financial performance and strategic developments.

News article

eGain Corporation Reports Q4 2024 Results

eGain Corporation, a provider of customer engagement solutions, reported its fiscal fourth quarter 2024 results, showcasing a slight dip in revenue but highlighting momentum in its AI initiatives. The company's total revenue for the quarter stood at $23.2 million, down from $24.0 million in the same period last year 1. Despite the revenue decrease, eGain's CEO, Ashu Roy, emphasized the company's progress in AI-powered knowledge management solutions.

AI Knowledge Momentum and Strategic Partnerships

eGain reported significant traction in its AI knowledge offerings, with several new customer wins and expansions. The company secured a notable seven-figure deal with a Fortune 100 financial services company for its knowledge hub 2. Additionally, eGain announced strategic partnerships with Avaya and Cisco to integrate its AI knowledge solutions into their contact center platforms, potentially opening up new market opportunities.

Lantronix Achieves Record Revenue in Q4 2024

Lantronix Inc., a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), reported record revenue for its fiscal fourth quarter ended June 30, 2024. The company's net revenue reached $58.0 million, marking a 27% increase year-over-year 3.

Lantronix's Financial Highlights and Growth Drivers

Lantronix's GAAP EPS for the quarter was $0.07, compared to a loss of $0.08 in the same period last year. The company's CEO, Paul Pickle, attributed the strong performance to robust demand for IoT connectivity solutions and increased adoption of their software and services offerings 4. Lantronix also reported a significant backlog and design win pipeline, indicating potential for continued growth.

Yext Inc. Surpasses Expectations in Q2 2025

Yext Inc., a company specializing in digital presence management, reported its second quarter fiscal 2025 results, exceeding analyst expectations. The company's total revenue for the quarter was $102.6 million, representing a 1% increase year-over-year 5.

Yext's AI Initiatives and Financial Outlook

During the earnings call, Yext's management highlighted the company's focus on AI-powered solutions, including the launch of Yext AI Search and the integration of generative AI capabilities into its platform. The company also raised its full-year revenue guidance, projecting between $405 million and $407 million for fiscal year 2025. Yext's CEO, Michael Walrath, emphasized the company's commitment to innovation and operational efficiency as key drivers for future growth.

Explore today's top stories

CoreWeave Acquires Core Scientific in $9B Deal, Boosting AI Infrastructure Capacity

CoreWeave, an AI infrastructure provider, has announced a $9 billion all-stock acquisition of Core Scientific, a data center company. This strategic move aims to enhance CoreWeave's AI computing capabilities and eliminate substantial lease costs.

TechCrunch logoTom's Hardware logoThe Register logo

18 Sources

Business and Economy

14 hrs ago

CoreWeave Acquires Core Scientific in $9B Deal, Boosting AI

Google DeepMind's Isomorphic Labs Nears Human Trials for AI-Designed Drugs

Isomorphic Labs, a subsidiary of Alphabet's Google DeepMind, is preparing to begin human clinical trials for drugs designed using artificial intelligence, marking a significant milestone in AI-powered drug discovery.

Fortune logoFast Company logoBenzinga logo

4 Sources

Science and Research

22 hrs ago

Google DeepMind's Isomorphic Labs Nears Human Trials for

Capgemini Acquires WNS for $3.3 Billion to Boost AI-Powered Intelligent Operations

French tech giant Capgemini agrees to acquire US-listed WNS Holdings for $3.3 billion, aiming to strengthen its position in AI-powered intelligent operations and expand its presence in the US market.

euronews logoSilicon Republic logoAnalytics India Magazine logo

11 Sources

Business and Economy

14 hrs ago

Capgemini Acquires WNS for $3.3 Billion to Boost AI-Powered

Huawei Denies Accusations of Copying Alibaba's AI Model, Sparking Debate in China's Tech Sector

Huawei's AI research division, Noah Ark Lab, strongly refutes claims that its Pangu Pro model copied elements from Alibaba's Qwen model, asserting independent development and adherence to open-source practices.

Bloomberg Business logoReuters logoInteresting Engineering logo

6 Sources

Technology

14 hrs ago

Huawei Denies Accusations of Copying Alibaba's AI Model,

AI Chip Startup Groq Expands to Europe with First Data Center in Helsinki

Groq, a US-based AI semiconductor startup, has established its first European data center in Helsinki, Finland, in partnership with Equinix, marking a significant step in its international expansion and efforts to meet the growing demand for AI services in Europe.

CNBC logoSilicon Republic logoDataconomy logo

4 Sources

Business and Economy

14 hrs ago

AI Chip Startup Groq Expands to Europe with First Data
TheOutpost.ai

Your Daily Dose of Curated AI News

Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.

© 2025 Triveous Technologies Private Limited
Instagram logo
LinkedIn logo