8x8 Inc's Q1 revenue beats expectations

8x8

05/08/2025 21:43

Overview

8x8 fiscal Q1 total revenue rises to $181 mln, beating analyst expectations

Adjusted EPS meets analyst estimates, while adjusted operating income misses slightly

Co repurchased 1 mln shares and prepaid $15 mln on term loan

Outlook

8x8 sees Q2 service revenue between $170 mln and $175 mln

8x8 expects Q2 total revenue between $175 mln and $180 mln

8x8 projects FY 2026 service revenue between $685 mln and $700 mln

8x8 anticipates FY 2026 total revenue between $706 mln and $720 mln

Result Drivers

PLATFORM STRATEGY - Return to revenue growth attributed to platform strategy and expanded product adoption, per CEO Samuel Wilson

CASH FLOW - Positive cash flow from operations for 18th consecutive qtr

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$181 mln
$178 mln (7 Analysts)
Q1 Adjusted EPS
Meet
$0.08
$0.08 (8 Analysts)
Q1 Net Income
-$4.30 mln
Q1 Adjusted Operating Income
Miss
$16.30 mln
$16.40 mln (6 Analysts)
Q1 Operating Income
$600,000


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and 3 "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 $2.35, about 20.4% above its August 4 closing price of $1.87

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

Press Release: ID:nBw6hbrhca

(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.)