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EGHTBearishEarningsnews
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8x8 (EGHT) Q4 Earnings and Revenues Top Estimates

May 8, 2024, 7:15 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Quarterly earnings of $0.08 per share beat estimates; a 14.29% surprise. - Revenue of $179.41 million, surpassing estimates by 0.20%. - 8x8 shares have dropped 37.8% this year, compared to S&P 500's gain of 8.8%. - Company's earnings outlook is a Zacks Rank #3 (Hold). - Industry outlook impact on stock performance. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Quarterly earnings of $0.08 per share beat estimates; a 14.29% surprise.
  • Revenue of $179.41 million, surpassing estimates by 0.20%.
  • 8x8 shares have dropped 37.8% this year, compared to S&P 500's gain of 8.8%.
  • Company's earnings outlook is a Zacks Rank #3 (Hold).
  • Industry outlook impact on stock performance.

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