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Tuesday, May 12, 2020

-=8x8 (EGHT) reported earnings on Tue 12 May 20 (a/h)

8x8 beats by $0.02, beats on revs; guides Q1 revs in-line

  • Reports Q4 (Mar) loss of $(0.12) per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of ($0.14); revenues rose 29.6% year/year to $121.48 mln vs the $119.33 mln S&P Capital IQ Consensus.
  • Co issues in-line guidance for Q1 (Jun), sees Q1 revs of $120-121 mln vs. $120.81 mln S&P Capital IQ Consensus.
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