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Compared to Estimates, 8x8 (EGHT) Q2 Earnings: A Look at Key Metrics
EGHT8x8(EGHT) ZACKS·2024-11-05 00:36

8x8 (EGHT) reported 181millioninrevenueforthequarterendedSeptember2024,representingayear−over−yeardeclineof2.2181 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 0.14ayearago.Thereportedrevenuerepresentsasurpriseof+1.830.14 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 ...