8x8, Inc. has reported impressive year-over-year growth, with AI customer interactions more than doubling and customer adoption of their Engage platform soaring over 300%. This momentum suggests robust demand for their integrated communication solutions, potentially driving future revenue growth.
EGHT will report Q4 earnings on May 19, expected at 8 cents per share. Projected quarterly revenue is $177.98 million, slightly lower than last year. A new partnership strengthens EGHT's presence in the Irish market. Analyst ratings vary, with price targets ranging from $1.5 to $3. Rosenblatt's rating change indicates potential uncertainty in EGHT's future performance.
EGHT's Q3 earnings beat estimates at 11 cents per share. Sales of $178.88 million missed consensus of $179.26 million. Record cash flow and strong AI solution adoption reported. FY2025 sales guidance lowered, now between $713 million and $719 million. Analysts raised price targets, supporting a positive outlook.