8x8: Q3 Earnings Insights - 8x8 (NASDAQ:EGHT)

8x8 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.

8x8 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.

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 8x8'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 8x8 visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.