8x8 Inc <EGHT.OQ> expected to post earnings of 9 cents a share - Earnings Preview

• 8x8 Inc EGHT.OQ EGHT.O is expected to show a fall in quarterly revenue when it reports results on February 5 for the period ending December 31 2024

• The Campbell California-based company is expected to report a 1.0% decrease in revenue to $179.261 million from $181.01 million a year ago, according to the mean estimate from 9 analysts, based on LSEG data.The company's guidance on November 4 2024, for the period ended December 31, was for revenue between $177.00 million and $182.00 million.

• ​LSEG's mean analyst estimate for 8x8 Inc is for earnings of 9 cents per share.

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "hold" and 3 "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for 8x8 Inc is $3.00​, above​ its last closing price of $2.80. ​​​

The company's guidance on November 4 2024 for the period ended December 31 was for Earnings before Interest and Taxes between USD17.7 million and USD20.02 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated February 3 at 00:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)