8x8 Inc expected to post earnings of 8 cents a share - Earnings Preview

8x8

16/05/2025 21:28

8x8 Inc EGHT.OQ EGHT.O is expected to show a fall in quarterly revenue when it reports  results on May 19 for the period ending March 31 2025

The Campbell California-based  company is expected to report a 0.9% decrease in revenue to $177.839 million from $179.41 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.The company's guidance on February 4 2025, for the period ended March 31, was for revenue between $175.00 million and $181.00 million.

​LSEG's mean analyst estimate for 8x8 Inc is for earnings of 8 cents per share.

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 mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for 8x8 Inc is $2.85​, above​ its last closing price of $1.81. ​​​

The company's guidance on February 4 2025 for the period ended March 31 was for Earnings before Interest and Taxes between USD15.75 million and USD18.1 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.09
0.09
0.11
Beat
26.7
Sep. 30 2024
0.08
0.08
0.09
Beat
14.8
Jun. 30 2024
0.09
0.09
0.08
Missed
-10.6​
Mar. 31 2024
0.06
0.06
0.08
Beat
23.8
​​Dec. 31 2023
0.10
0.10
0.12
Beat
17.3
Sep. 30 2023
0.08
0.09
0.14
Beat
64​
Jun. 30 2023
0.13
0.13
0.13
Met
3.5
Mar. 31 2023
0.09
0.09
0.11
Beat
18.4

This summary was machine generated May 16 at 20:28 GMT.  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)