The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major over ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 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: 001-38312 _________________ 8x8, INC. (Exact name of Registrant as Specified in its Charter) _______________ ...

8x8, Inc. (NASDAQ:EGHT) Q1 2025 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Kate Patterson - Vice President of Investor Relations Samuel Wilson - Chief Executive Officer Conference Call Participants Matthew VanVliet - BTIG, LLC Catharine Trebnick - Rosenblatt Securities Inc. Meta Marshall - Morgan Stanley David Unger - Wells Fargo Securities LLC Imtiaz Koujalgi - Wedbush Securities Inc. Michael Funk - Bank of America Merrill Lynch Operator Good day, and thank you for standing by. ...

8x8 (EGHT) reported $178.15 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 2.8%. EPS of $0.08 for the same period compares to $0.13 a year ago. The reported revenue represents a surprise of -0.39% over the Zacks Consensus Estimate of $178.84 million. With the consensus EPS estimate being $0.08, the company has not delivered EPS surprise. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to d ...

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 ...

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, 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 ...

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 ...

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, Inc. (NASDAQ:EGHT) Q4 2024 Results Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Kate Patterson - Vice President, Investor Relations Samuel Wilson - Chief Executive Officer Kevin Kraus - Chief Financial Officer Conference Call Participants Eamon Coughlin - Barclays Capital Michael Funk - Bank of America Securities Meta Marshall - Morgan Stanley Ryan Koontz - Needham & Company Yanni Samoilis - Robert W. Baird James Rush - Craig-Hallum Ronit Shah - Wells Fargo Securities Catharine ...