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8X8 Inc (EGHT)
NASDAQ:EGHT
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.08Last Year’s EPS
0.08Same Quarter Last Year
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 04, 2025
|% Change Since: -42.25%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a company in transition with strong financial discipline and cash flow generation, offset by challenges like FX headwinds and the ongoing Fuze platform transition. Positive strides in product innovation, customer satisfaction, and debt reduction highlight potential for future growth despite current market challenges.Company Guidance
During the third quarter of fiscal 2025, 8x8, Inc. demonstrated strong financial performance and strategic progress, achieving service revenue of $173.5 million, which exceeded the midpoint of their guidance by $1 million despite facing a foreign exchange headwind of approximately $2 million. The company maintained a gross margin of 69.5% and recorded an operating margin of 10.7%, slightly above guidance expectations. Additionally, 8x8 generated a record $27.2 million in operating cash flow, marking their 16th consecutive quarter of positive cash flow from operations. The company continued to prioritize debt reduction, lowering their total debt by $33 million during the quarter and an additional $15 million in early January, resulting in a 35% decrease in total debt from a peak of $548 million in August 2022 to approximately $354 million. The strategic focus on multi-product customers led to an over 60% year-over-year increase in New Product Monthly Recurring Revenue (MRR), driven by AI-based intelligent customer assistance and secure payment solutions. The company is on track to complete the transition of Fuze customers to their platform by the end of 2025, with remaining Fuze service revenue reduced to 5%. Looking forward, 8x8 anticipates service revenue for the fourth quarter of fiscal 2025 to range between $170 million and $175 million, while total revenue is expected to be between $175 million and $181 million, incorporating a $2.3 million impact from foreign exchange rates.Record Operating Cash Flow
Achieved record cash flow from operations of $27.2 million, marking the 16th consecutive quarter of positive cash flow and non-GAAP operating profit.
Service Revenue and Operating Margin Success
Service revenue exceeded the midpoint of guidance by $1 million, and operating margin was slightly above the midpoint, demonstrating resilience despite a $2.2 million FX headwind.
Debt Reduction
Reduced total debt from $548 million in August 2022 to approximately $354 million, a 35% decrease, with $33 million repaid in the quarter and $15 million in early January.
AI and New Product Growth
New product MRR increased more than 60% year-over-year, driven by growth in AI-based intelligent customer assistance and secure payments.
Customer Satisfaction and Industry Recognition
Customer satisfaction scores in the mid- to high-90% range and recognition in Newsweek’s annual Excellence 1000 Index.
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EGHT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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EGHT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 04, 2025 | $2.84 | $2.69 | -5.28% |
| Nov 04, 2024 | $2.32 | $2.75 | +18.53% |
| Aug 07, 2024 | $2.58 | $1.91 | -25.97% |
| May 08, 2024 | $2.34 | $2.81 | +20.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does 8X8 Inc (EGHT) report earnings?
8X8 Inc (EGHT) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is 8X8 Inc (EGHT) earnings time?
8X8 Inc (EGHT) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EGHT EPS forecast?
EGHT EPS forecast for the fiscal quarter 2025 (Q4) is 0.08.
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