8x8: Q2 Earnings Insights

8x8 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

8x8 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 8x8'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 8x8 visit their earnings calendar here.

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

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