8×8 (NYSE:EGHT) reported its Q2 earnings results on Thursday, October 27, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
8×8 beat estimated earnings by 25.0%, reporting an EPS of $0.05 versus an estimate of $0.04.
Revenue was up $35.83 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 2.06% drop in the share price the next day.
Here’s a look at 8×8’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.03 | 0.01 | 0.01 | |
| EPS Actual | 0.09 | 0.05 | 0.02 | 0.01 |
| Revenue Estimate | 186.80M | 181.38M | 154.06M | 148.74M |
| Revenue Actual | 187.62M | 181.37M | 156.87M | 151.56M |
To track all earnings releases for 8×8 visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
