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8x8 (EGHT) Meets Q1 Earnings Estimates
ZACKS· 2024-08-07 23:36
8x8 (EGHT) came out with quarterly earnings of $0.08 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this telecommunications services company would post earnings of $0.07 per share when it actually produced earnings of $0.08, delivering a surprise of 14.29%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. 8x8, which ...
8x8(EGHT) - 2025 Q1 - Quarterly Results
2024-08-07 20:09
Exhibit 99.1 8x8, Inc. Reports First Quarter Fiscal Year 2025 Financial Results • Service revenue of $173 million and total revenue of $178 million • Platform enhancements delivering new AI-based capabilities and solutions to customers • Existing term loan repaid on August 5, 2024 with proceeds of new bank loan and cash on-hand CAMPBELL, CA, August 7, 2024 – 8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud contact center and unified communications platform provider, today reported financial results for ...
8x8: An Unlikely Deep Value SaaS Play
Seeking Alpha· 2024-06-30 05:57
8x8, Inc. (NASDAQ:EGHT), the SaaS cloud communications solution provider, has continued reporting stable revenues not showing signs of meaningful top line growth. My previous article on 8x8, titled "8x8: Waiting For A Growth Recovery", went over 8x8's overall financial profile and the company's recently lacking growth. No signs of growth resuming has since been reported, as 8x8 continues to try to improve its offering's appeal. In the previous article, I initiated 8x8 at Hold as the valuation seemed to a re ...
3 Sorry Telecom Stocks to Sell in May While You Still Can
Investor Place· 2024-05-30 17:50
The telecom industry is bouncing back, fueled by the growing demand for connectivity and Internet-of-Things (IoT) services. However, it continues to navigate a maze of challenges though, with geopolitical tensions and persistent inflation weighing down its recovery. Hence, the savvy investor will want to scrutinize telecom stocks to sell more closely. Moreover, the telecom sector's resilience is tested by supply chain and labor market headwinds, which continue pushing operational costs higher. While there a ...
8x8(EGHT) - 2024 Q4 - Annual Report
2024-05-21 21:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________to _________ Commission file number 000-38312 8x8, Inc. (Exact name of Registrant as Specified in its Charter) Delaware 77-0142404 (State or Other Jurisdiction of Incorp ...
8x8(EGHT) - 2024 Q4 - Earnings Call Transcript
2024-05-09 02:43
Company Participants I would like to turn the call over to Kate Patterson. Please go ahead. Certain financial measures that will be discussed on this call together with year-over-year comparisons in some cases were not prepared in accordance with US Generally Accepted Accounting Principles or GAAP. A reconciliation of those non-GAAP measures to the closest comparable GAAP measure is provided in our earnings press release and in our earnings presentation slides, which are available on 8x8 Investor Relations ...
8x8(EGHT) - 2024 Q4 - Earnings Call Presentation
2024-05-09 00:01
May 8, 2024 This presentation includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934. Any statements that are not statements of historical fact may be deemed to be forward-looking statements. For example, words such as "may," "will," "should," "estimates," "predicts," "potential," "continue," "strategy," "believes," "anticipates," "plans," "expects," "intends," and similar expressions are intended ...
8x8 (EGHT) Q4 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-05-08 23:11
8x8 (EGHT) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected that this telecommunications services company would post earnings of $0.10 per share when it actually produced earnings of $0.12, delivering a surprise of 20%.Over the last four quarters, ...
8x8(EGHT) - 2024 Q4 - Annual Results
2024-05-08 20:08
Exhibit 99.1 8x8, Inc. Reports Fourth Quarter and Fiscal Year 2024 Financial Results • Fourth Quarter revenue of $179 million; Fiscal Year 2024 revenue of $729 million • 2024 Cash flow from operations increased 62% year-over-year to $79 million • Year-end cash, cash equivalents, restricted cash and investments of $118 million CAMPBELL, CA. - May 8, 2024 - 8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud contact center and unified communications platform provider, today reported financial results for the ...
King Power Corporation Drives Operational Cost Reduction and Enhanced Customer Experiences with 8x8
Businesswire· 2024-03-06 01:00
SINGAPORE--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud contact center, unified communications, and Communications Platform as a Service (CPaaS) provider, today announced that King Power Corporation has integrated 8x8’s SMS API solution into their e-commerce platform to enhance customer experiences while effectively reducing operational costs by 30% by driving efficiency and cost savings. King Power Corporation, one of the largest duty-free retailers in the world, sought a strate ...