8X8 (NASDAQ:EGHT – Get Free Report) is set to issue its quarterly earnings data after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
8X8 (NASDAQ:EGHT – Get Free Report) last released its earnings results on Wednesday, May 8th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. 8X8 had a negative return on equity of 7.40% and a negative net margin of 9.28%. The company had revenue of $179.41 million during the quarter, compared to analyst estimates of $178.85 million. During the same quarter in the prior year, the company earned ($0.03) earnings per share. The company’s revenue for the quarter was down 2.8% on a year-over-year basis. On average, analysts expect 8X8 to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
8X8 Price Performance
Shares of NASDAQ:EGHT opened at $2.60 on Tuesday. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 4.02. 8X8 has a 1 year low of $1.85 and a 1 year high of $4.66. The business has a fifty day simple moving average of $2.53 and a 200 day simple moving average of $2.65. The firm has a market cap of $325.98 million, a price-to-earnings ratio of -4.73 and a beta of 1.56.
Analyst Ratings Changes
View Our Latest Stock Report on 8X8
About 8X8
8×8, Inc provides voice, video, chat, contact center, and enterprise-class application programmable interface (API) Software-as-a-Service solutions for small business, mid-market, enterprise customers, government agencies, and other organizations worldwide. It offers 8×8 Work, a self-contained end-to-end united communications solution that delivers voice services, secure video meetings, and unified messaging, including direct messages, public and private team messaging rooms, and peer-to-peer short and multimedia messaging; 8×8 Contact Center, a cloud-based contact center as-a-service solution; and 8×8 Engage, an artificial intelligence-powered solution that equips customer-facing employees outside the contact center with the tools and capabilities to deliver successful customer engagements.
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