Recap: 8×8 Q4 Earnings

8×8 (NASDAQ:EGHT) reported its Q4 earnings results on Thursday, May 11, 2023 at 04:41 PM. Here’s what investors…

8×8 (NASDAQ:EGHT) reported its Q4 earnings results on Thursday, May 11, 2023 at 04:41 PM.

Here’s what investors need to know about the announcement.

Earnings

8×8 beat estimated earnings by 22.22%, reporting an EPS of $0.11 versus an estimate of $0.09.

Revenue was up $3.16 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 27.35% increase in the share price the next day.

Here’s a look at 8×8’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.03 0.04 0.03
EPS Actual 0.07 0.05 0.09 0.05
Revenue Estimate 186.20M 186.83M 186.80M 181.38M
Revenue Actual 184.40M 187.39M 187.62M 181.37M

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.

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