eGain Added to the Russell 2000® and Russell 3000® Indexes
June 27 2018 - 6:30AM
eGain (NASDAQ:EGAN), the leading provider of cloud customer
engagement solutions, today announced the Company has been
added to the Russell 2000® and the Russell 3000® 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.
“Our inclusion in the Russell 2000® and Russell 3000® 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® Index, which remains in place
for one year, means automatic inclusion in the large-cap Russell
1000® Index or small-cap Russell 2000® 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.
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $9 trillion in assets
are benchmarked against Russell’s U.S. indexes. Russell indexes are
part of FTSE Russell, a leading global index provider.
For more information on the Russell 3000® Index
and the Russell indexes reconstitution, go to the “Russell
Reconstitution” section on the FTSE Russell website.
About
eGaineGain customer engagement solutions
power digital transformation for leading brands. Our top-rated
cloud applications for social, mobile, web, and contact centers
help clients deliver connected customer journeys in an omnichannel
world. To find out more about eGain Corporation, visit
http://www.egain.com.
eGain, the eGain logo, and all other eGain product names and
slogans are trademarks or registered trademarks of eGain Corp. in
the United States and/or other countries. All other company names
and products mentioned in this release may be trademarks or
registered trademarks of the respective companies.
MKR Group Investor
RelationsTodd Kehrli or Jim ByersPhone: 323-468-2300Email:
egan@mkr-group.com
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