8x8 fiscal Q2 revenue beats estimates, driven by record usage of CX platform

8x8

04/11/2025 21:50

Overview

8x8 fiscal Q2 revenue of $184.1 mln beats analyst expectations

Adjusted operating income for fiscal Q2 beats consensus estimates

Company reports 19th consecutive qtr of positive cash flow from operations

Outlook

8x8 sees Q3 service revenue between $172 mln and $177 mln

8x8 expects Q3 total revenue between $177 mln and $182 mln

8x8 projects FY 2026 service revenue between $692 mln and $706 mln

8x8 forecasts FY 2026 total revenue between $712 mln and $726 mln

Result Drivers

PLATFORM ENGAGEMENT - Revenue growth was driven by record usage of our CX platform, per CEO Samuel Wilson

AI INTEGRATION - AI embedded across operations to enhance efficiency and customer success, per CEO Samuel Wilson

PRODUCT EXPANSION - Expansion of product portfolio contributed to revenue growth, per CEO Samuel Wilson

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$184.1 mln
$178.22 mln (6 Analysts)
Q2 Net Income
$800,000
Q2 Adjusted Operating Income
Beat
$17.3 mln
$16.05 mln (5 Analysts)
Q2 Operating Income
$5.3 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "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 $2.75, about 32.4% above its November 3 closing price of $1.86

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release: ID:nBw3HBnVpa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)