Workflow
8x8 (EGHT) Reports Q1 Earnings: What Key Metrics Have to Say
EGHT8x8(EGHT) ZACKS·2024-08-08 01:01

8x8 (EGHT) reported 178.15millioninrevenueforthequarterendedJune2024,representingayear−over−yeardeclineof2.8178.15 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 0.13ayearago.Thereportedrevenuerepresentsasurpriseof−0.390.13 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 ...