eGain sees Q1 revenue $10.0M-$10.5M, consensus $10.75M Sees Q1 cloud revenue growth of 40% yoy. The company currently expects to report new business mix of 94% new cloud (hosting) contracts and 6% new license and support contracts for Q1. CEO Ashu Roy commented: "While this shift to more cloud business has had a short term impact on our revenues, we are excited about the growing acceptance of our cloud offering, as it delivers a significant increase in revenue visibility for the remainder of this fiscal year and beyond. We plan to update our guidance on expected business mix for fiscal 2013 in our upcoming quarterly results conference call." The company plans to announce final Q1 results on Nov. 6.
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