Earnings Flash (EGHT) 8X8 Reports Q1 Revenue $183.3M, vs. Street Est of $187.1M (2024)

8X8, INC.

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US2829141009

Integrated Telecommunications Services
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10:24:11 2024-04-22 am EDT
5-day change 1st Jan Change
2.195 USD +0.69% Earnings Flash (EGHT) 8X8 Reports Q1 Revenue $183.3M, vs. Street Est of $187.1M (2) -2.65% -41.80%
04:21pm BofA Securities Lowers 8x8 Price Target to $5 from $6 MT
Apr. 17 Morgan Stanley Lowers Price Target on 8x8 to $3 From $3.80, Keeps Equalweight Rating MT

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Latest news about 8x8, Inc.

BofA Securities Lowers 8x8 Price Target to $5 from $6 MT
Morgan Stanley Lowers Price Target on 8x8 to $3 From $3.80, Keeps Equalweight Rating MT
8X8, Inc. Launches Operator Connect for Microsoft Teams to Streamline Reliable Telephony Deployment and Adoption for Organizations Using Teams CI
CI
8X8, Inc. Provides Earnings Guidance for the Fiscal Year 2024 CI
Transcript : 8x8, Inc. - Special Call
King Power Corporation Drives Operational Cost Reduction and Enhanced Customer Experiences with 8X8 CI
Morgan Stanley Lifts Price Target on 8x8 to $3.80 From $3.50 Amid 'Continued Outperformance on Cash Flow,' Keeps Equalweight Rating MT
Transcript : 8x8, Inc., Q3 2024 Earnings Call, Jan 31, 2024
Earnings Flash (EGHT) 8X8 Posts Q3 Revenue $181M, vs. Street Est of $183.4M MT
8x8, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023 CI
8X8, Inc. Provides Earnings Guidance for the Fourth Quarter and Fiscal Year Ending March 31, 2024 CI
8X8, Inc. Reports Impairment of Long-Lived Assets for the Third Quarter Ended December 31, 2023 CI
8X8 Bridges the Customer Engagement Gap, Empowering Customer-Facing Employees with Tailored Tools to Deliver Exceptional Customer Experiences Across the Entire Organization CI
8x8, Inc. Enhances Cloud Contact Center and Unified Communications Platform with AI-Powered Customer and Employee Experience Innovations CI
8x8, Inc. Announces New Technology Partner Ecosystem Tier to Empower Technology Partners to Solve Compelling Business Use Cases CI
8X8 Extends XCaaS Platform Ai Capabilities with Real-Time Meeting Transcriptions and Smart Summarizations CI
Rosenblatt Cuts Price Target on 8x8 to $4 From $4.50, Maintains Buy Rating MT
Wayne Metropolitan Community Action Agency Deploys 8X8, Inc. to Enhance Contact Center Operations and Customer Engagement and to Improve Employee Efficiency and Productivity CI
Morgan Stanley Lifts Price Target on 8x8 to $3.50 From $3.30, Keeps Equalweight Rating MT
8x8, Inc. Announces 8X8 Sales Assist for Retailers CI
Baptist World Aid Chooses 8x8 to Deliver Superior Communications Experiences to its Donors, Employees, and Partners in the Fight Against Global Poverty CI
Tranche Update on 8x8, Inc.'s Equity Buyback Plan announced on May 25, 2017. CI
Needham Trims 8x8's Price Target to $5 From $6, Keeps Buy Rating MT

Chart 8x8, Inc.

Earnings Flash (EGHT) 8X8 Reports Q1 Revenue $183.3M, vs. Street Est of $187.1M (3)

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Company Profile

8x8, Inc. is a provider of software-as-a-service solutions for contact centers, voice communications, video meetings, employee collaboration, and embeddable communication application programming interfaces (API). The Company’s communications platform solutions comprise the 8x8 XCaaS platform, which is a configurable cloud communications platform that includes solutions for contact center, voice communications, team chat and collaboration, video meetings, embeddable communication APIs, and AI-based analytics. The Company’ s integrated technology platform includes 8x8 Work, 8x8 Contact Center, 8x8 Contact Center, and 8x8 X Series. Its 8x8 Work is an end-to-end United Communications as a service (UCaaS) solution that delivers enterprise-grade voice with public switched telephone network (PSTN) connectivity, secure video meetings, and unified messaging including direct messages, public and private team messaging rooms, and short and multimedia services.

Sector

Integrated Telecommunications Services

Calendar

2024-05-07 - Q4 2024 Earnings Release (Projected)

Related indices

Russell 2000

More about the company

Income Statement Evolution

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Ratings for 8x8, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C

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Analysts' Consensus

Sell

Earnings Flash (EGHT) 8X8 Reports Q1 Revenue $183.3M, vs. Street Est of $187.1M (4)

Buy

Mean consensus

OUTPERFORM

Number of Analysts

13

Last Close Price

2.18USD

Average target price

4.208USD

Spread / Average Target

+93.04%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector VOIP Services

1st Jan change Capi.

8X8, INC.

-41.80% 269M

NFON AG

-19.83% 97.16M

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Earnings Flash (EGHT) 8X8 Reports Q1 Revenue $183.3M, vs. Street Est of $187.1M (7)

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Earnings Flash (EGHT) 8X8 Reports Q1 Revenue $183.3M, vs. Street Est of $187.1M (2024)

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