NASDAQ:EGHT - Nasdaq - US2829141009 - Common Stock - Currency: USD
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the video conferencing industry, including RingCentral (NYSE:RNG) and its peers.
8x8 generated $63.6 million in operating cash flow in FY2025, bringing its two-year total to over $142 million marking the highest consecutive two-year period of non-GAAP operating cash flow in company history.
8x8 (EGHT) delivered earnings and revenue surprises of 0% and 0.56%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Mentions: PD
Business communications software company 8x8 (NYSE:EGHT) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 1.3% year on year to $177 million. The company expects next quarter’s revenue to be around $178.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.08 per share was in line with analysts’ consensus estimates.