News : eGain Added to the Russell 2000® and Russell 3000® Indexes
Sunnyvale, CA, USA, June, 2018 -- eGain (NASDAQ: EGAN), a provider of cloud customer engagement solutions, announced the Company has been added to the Russell 2000(R) and the Russell 3000(R) Indexes as part of the FTSE Russell’s annual reconstitution of its family of U.S. indexes. The addition took effect as of market open on Monday, June 25, 2018.
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"Our inclusion in the Russell 2000(R) and Russell 3000(R) indexes reflects the substantial progress and positive momentum we have generated with our successful transition to an all SaaS business that we completed a year ago," said Ashu Roy, eGain’s Chairman and CEO. "We look forward to the increased visibility and exposure that eGain will realize from being part of these indexes."
Membership in the Russell 3000(R) Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000(R) Index or small-cap Russell 2000(R) Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell US Indexes primarily by objective, market-capitalization rankings and style attributes.
Posted by Veronica Silva Cusi, news correspondent
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About eGain Corporation:
eGain customer engagement solutions deliver digital transformation for leading brands – powered by virtual assistance, AI, knowledge, and analytics. Our comprehensive suite of applications help clients deliver memorable, digital-first customer experiences in an omnichannel world.
Published: Tuesday, July 3, 2018
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