8×8 (NASDAQ:EGHT) reported its Q3 earnings results on Wednesday, January 31, 2024 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
8×8 beat estimated earnings by 20.0%, reporting an EPS of $0.12 versus an estimate of $0.1.
Revenue was down $3.39 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 36.24% increase in the share price the next day.
Here’s a look at 8×8’s past performance:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.08 | 0.13 | 0.09 | 0.03 |
| EPS Actual | 0.14 | 0.13 | 0.11 | 0.07 |
| Revenue Estimate | 183.67M | 187.09M | 185.51M | 186.20M |
| Revenue Actual | 185.00M | 183.29M | 184.53M | 184.40M |
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.
