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8x8 (EGHT) Q4 Earnings Match Estimates
EGHT8x8(EGHT) ZACKS·2025-05-19 22:21

Group 1: Earnings Performance - 8x8 reported quarterly earnings of 0.08pershare,matchingtheZacksConsensusEstimate,andconsistentwithearningsfromthepreviousyear[1]−Thecompanyhadrevenuesof0.08 per share, matching the Zacks Consensus Estimate, and consistent with earnings from the previous year [1] - The company had revenues of 177.04 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.56% and down from 179.41millionayearago[2]−Overthelastfourquarters,8x8hassurpassedconsensusEPSestimatestwotimesandtoppedconsensusrevenueestimatesjustonce[2][3]Group2:StockPerformanceandOutlook−8x8shareshavedeclinedapproximately32.2179.41 million a year ago [2] - Over the last four quarters, 8x8 has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2][3] Group 2: Stock Performance and Outlook - 8x8 shares have declined approximately 32.2% since the beginning of the year, contrasting with the S&P 500's gain of 1.3% [3] - The future performance of 8x8's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is 0.11 on revenues of 177.61million,andforthecurrentfiscalyear,itis177.61 million, and for the current fiscal year, it is 0.37 on revenues of $716.4 million [7] Group 3: Industry Context - The Internet - Software industry, to which 8x8 belongs, is currently ranked in the top 29% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact 8x8's stock performance [5]