From Financial Modeling Prep: 2024-11-05 08:49:00

8×8 (NASDAQ:EGHT) reported Q2 earnings of $0.09 per share, higher than the expected $0.08. Revenue totaled $181 million, exceeding the forecasted $178.38 million. Despite a slight dip in service revenue, the company noted a 60% YoY increase in new AI-powered product sales. Q3 revenue guidance falls within analyst expectations.

Looking ahead, 8×8 anticipates Q3 revenue between $177 million and $182 million, in line with the expected $181 million. For FY2025, revenue is projected to be between $714 million and $727 million, compared to the consensus estimate of $720 million.



Read more at Financial Modeling Prep:: 8×8 Posts Strong Q2 Results and Upbeat Guidance