FMP
May 20, 2025
8x8 Inc. (NASDAQ: EGHT), based in Campbell, California, operates within the Internet - Software industry, offering cloud-based communication services such as voice, video, chat, and contact center solutions. Competing in a fiercely competitive market, the company aims to maintain its position against other tech firms providing similar services.
On May 19, 2025, 8x8 reported an EPS of $0.08, aligning with the Zacks Consensus Estimate. This consistency in meeting expectations is notable, especially considering the company had previously exceeded expectations in the prior quarter with an EPS of $0.11, a 37.5% surprise over the anticipated $0.08.
Despite matching EPS estimates, 8x8's revenue for the quarter was $177 million, slightly below the estimated $178.4 million. This represents a 0.56% shortfall from the Zacks Consensus Estimate and a decrease from the $179 million reported in the same period last year. The company has only surpassed consensus revenue estimates once in the last four quarters.
The price-to-sales ratio is 0.33, suggesting the stock is valued at 33 cents for every dollar of sales. The enterprise value to sales ratio is 0.78, providing insight into the company's valuation relative to its revenue. The company's debt-to-equity ratio is high at 3.77, indicating significant debt compared to equity. However, the current ratio of 1.24 suggests a reasonable level of liquidity to cover short-term liabilities. The market's reaction to these results will depend on its interpretation of 8x8's future earnings potential.
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