Here are three stocks with buy rank and strong value characteristics for investors to consider today, December 5:Weibo Corporation (WB) : This social media platform provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.5% over the last 60 days.Weibo has a price-to-earnings ratio (P/E) of 5.59 compared with 25.21 for the S&P. The company possesses a Value Scoreof A.Tencent Holdings Limited (TCEHY) : This investment holding company carries ...

8x8 (EGHT) shares have appreciated 37.5% in the past month, outperforming the Zacks Computer & Technology sector’s return of 3.7% and the Zacks Internet Software industry’s appreciation of 7.3%.This global provider of cloud-based contact center as-a-service (CCaaS) and unified communications as-a-service (UCaaS) software has outperformed its closest peers like Zoom (ZM) , NICE (NICE) and RingCentral (RNG) , over the same timeframe. ZM, NICE and RNG shares have returned 10%, 8.8%, and 4.4%, respectively.The ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

Investors looking for stocks in the Internet - Software sector might want to consider either 8x8 (EGHT) or Smartsheet (SMAR) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...

Investors interested in Internet - Software stocks are likely familiar with 8x8 (EGHT) and Smartsheet (SMAR) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive earnings esti ...

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 September 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) __________ ...

Q2 2025 Business Highlights - 8x8 has over 3 million paid business licenses[12] - 8x8 has over 500,000 8x8 Voice for Teams User licenses[13] - 8x8 experienced over 200% year-over-year increase in sales of AI-based Solutions[14] - 8x8 experienced over 60% year-over-year growth in new Products[15] - 8x8 has a trailing twelve months investment in research and development of over $110 million (Non-GAAP)[9,15] Q2 2025 Financial Performance - Service Revenue reached $175.1 million, representing 97% of Total Revenue, a decrease of 1.5% year-over-year[28,32] - Total Revenue reached $181 million, a decrease of 2.2% year-over-year[28,32] - GAAP Operating Margin was 4%[28,32] - Non-GAAP Operating Margin was 12%[28,32] - Cash flow generated by operations was $12 million[28] - Remaining performance obligations totaled $800 million, an increase of $20 million quarter-over-quarter[28,35] Q3 2025 Guidance - Service Revenue is projected to be between $171 million and $174 million, a year-over-year decrease of 2% to 1%[42] - Total Revenue is projected to be between $177 million and $182 million, a year-over-year decrease of 2% to an increase of 1%[42] - Non-GAAP Operating Margin is projected to be between 10% and 11%[42] Updated FY 2025 Guidance - Service Revenue is projected to be between $690 million and $701 million, a year-over-year decrease of 2% to 0%[43] - Total Revenue is projected to be between $714 million and $727 million, a year-over-year decrease of 2% to 0%[43] - Non-GAAP Operating Margin is projected to be between 10.25% and 11%[43] - Non-GAAP Net Income per Share - Diluted is projected to be between $0.32 and $0.35[43]

Financial Data and Key Metrics Changes - The company reported Q2 service revenue of $175.1 million, reflecting growth in both subscription and usage on the 8x8 platform, despite a decline in revenue from customers on the Fuze platform, which represented approximately 7% of service revenue in Q2 compared to 12% in Q2 2024 [30][28][27] - Non-GAAP operating margin for Q2 was 11.9%, up from 11.3% in Q1, exceeding the high end of guidance due to strong top-line performance [32][27] - Cash flow from operations was $12.3 million in Q2, marking the 15th consecutive quarter of positive cash flow from operations [28][38] Business Line Data and Key Metrics Changes - Communications Platform as a Service (CPaaS) revenue increased over 20% year-over-year, achieving the highest single platform usage revenue day in early September [10][8] - Sales of new products rose more than 60% year-over-year, with AI-based new products increasing over 50% sequentially and more than 200% year-over-year [13][16] Market Data and Key Metrics Changes - The company noted a significant increase in engagement through public APIs and a 50% year-over-year growth in sales of non-SMS products [10][8] - The remaining performance obligation increased by $20 million sequentially, indicating improvement in multiyear customer contract backlog [37] Company Strategy and Development Direction - The company is focused on several transformation initiatives, including accelerating innovation in contact centers, establishing leadership in CPaaS offerings in Asia Pacific, and improving sales productivity [9][8] - The strategy includes maintaining a strong balance sheet by reducing debt and controlling costs, with a commitment to invest 15% of revenue in R&D [13][9] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding future growth, attributing it to high gross retention rates and the successful introduction of new products [48][47] - The company is on track to complete customer upgrades from the Fuze platform to the 8x8 platform by the end of calendar year 2025, which is expected to eliminate revenue headwinds from Fuze [30][54] Other Important Information - The company has reduced its total debt principal balance to $369 million, representing a 32% reduction since the end of fiscal Q2 2023 [28][36] - Stock-based compensation as a percentage of revenue was 5.2%, the lowest in at least five years, contributing to GAAP operating profitability in Q2 [33][27] Q&A Session Summary Question: What drove the sequential growth improvement in services revenue? - Management attributed the growth to robust platform usage revenue and growth in the core business on the 8x8 platform [47][48] Question: What is driving the increased sales of AI-based solutions? - Management noted that customers are more willing to adopt AI solutions now, as these technologies are increasingly solving business problems [49][48] Question: What could drive future growth for the company? - Future growth is expected to come from new products becoming a larger part of revenue and the continued migration of customers from the Fuze platform [53][54] Question: What is the outlook for gross margin? - Management indicated that gross margin may experience slight compression due to a mix shift towards lower-margin CPaaS products [56][58] Question: What trends are seen in AI adoption among customers? - Customers are currently adding AI capabilities to enhance agent productivity rather than reducing the number of agents [61][62] Question: How is the transition from Fuze progressing? - The transition is ongoing, with management expressing a desire to accelerate the upgrade cycle [68][67]

8x8 (EGHT) reported $181 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 2.2%. EPS of $0.09 for the same period compares to $0.14 a year ago.The reported revenue represents a surprise of +1.83% over the Zacks Consensus Estimate of $177.75 million. With the consensus EPS estimate being $0.08, the EPS surprise was +12.50%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...