8x8 Inc reports results for the quarter ended June 30 - Earnings Summary
8x8 Inc reports results for the quarter ended June 30 - Earnings Summary
8x8 Inc EGHT.OQ reported quarterly adjusted earnings of 10 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of four analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 8 cents to 9 cents per share.
Revenue rose 4.9% to $190.17 million from a year ago; analysts expected $182.29 million.
8x8 Inc's reported EPS for the quarter was a loss of 1 cent.
The company reported a quarterly loss of $1.2 million.
8x8 Inc shares had risen by 20.5% this quarter and gained 4.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the integrated telecommunications services peer group is "buy."
Wall Street's median 12-month price target for 8x8 Inc is $3.00, about 31.3% above its last closing price of $2.06
This summary was machine generated from LSEG data August 4 at 09:42 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.09 | 0.10 | Beat |
Mar. 31 2026 | 0.08 | 0.11 | Beat |
Dec. 31 2025 | 0.09 | 0.12 | Beat |
Sep. 30 2025 | 0.07 | 0.09 | Beat |
Recent news on 8x8
See all news8x8 Inc reports results for the quarter ended June 30 - Earnings Summary
8x8 Q1 revenue beats estimates on AI solutions adoption
Brief: 8x8 Q1 Revenue USD 190 Million
8x8 Inc expected to post earnings of 9 cents a share - Earnings Preview
Brief: 8X8 Reports Unauthorized Access To Salesforce System Via Klue Integration