8x8 (NYSE:EGHT) reported its Q3 earnings results on Wednesday, February 2, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
8x8 beat estimated earnings by 100.0%, reporting an EPS of $0.02 versus an estimate of $0.01, which surprised analysts.
Revenue was up $20.19 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0, which was followed by a 3.76% drop in the share price the next day.
Here's a look at 8x8's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.01 | -0.01 | -0.03 | |
| EPS Actual | 0.01 | 0.01 | 0 | -0.02 |
| Revenue Estimate | 148.74M | 143.02M | 140.01M | 132.81M |
| Revenue Actual | 151.56M | 148.33M | 144.72M | 136.69M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
