8x8 Inc is expected to report a decline in revenue and earnings for Q3

From NASDAQ.: 2025-01-30 12:08:00

8×8 Inc is set to report its third-quarter fiscal 2025 results on Feb. 04 with revenue expectations between $177 million and $182 million. The Zacks Consensus Estimate for revenues is $179.18 million, a 1.01% decline year-over-year. Earnings are projected at 8 cents per share, a 33.33% drop from the previous year’s figure.

For the fiscal Q3, 8×8 expects service revenues of $171 million to $174 million, driven by growth in the CPaaS and CCaaS segments. The company’s AI investments, like the Intelligent Customer Assistant, are expected to fuel further growth. Despite underperforming in the market, 8×8’s AI initiatives and global partnerships position it for success.

8×8’s AI-powered solutions, like the Active Assessor and enhanced interaction summarizations, are set to boost performance in Q3. The company’s rich partner base, including Microsoft Teams integrations, creates additional sales opportunities. However, challenging market conditions and competition may pose risks, making it a cautious investment despite its cheap valuation.

Zacks Investment Research recommends 8×8 Inc as a potential home run stock with a Value Score of B and a forward Price/Sales ratio of 0.53X. The company’s expanding AI portfolio, strong partner base, and ongoing investments in innovation are key drivers. However, economic challenges and competition may impact revenues in the upcoming quarter.



Read more at NASDAQ.: 8×8 Stock Before Q3 Earnings: A Smart Buy or Risky Investment?