8x8 shares are trading lower after the company reported worse-than-expected Q2 sales results and issued Q2 2024 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
8x8 Inc. reported lower than expected Q2 sales results and issued Q2 2024 revenue guidance below estimates, leading to a drop in its share price.
August 09, 2023 | 2:59 pm
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NEGATIVE IMPACT
8x8 Inc.'s lower than expected Q2 sales and Q2 2024 revenue guidance could negatively impact its stock price in the short term.
8x8 Inc.'s lower than expected Q2 sales and Q2 2024 revenue guidance are likely to negatively impact investor sentiment, leading to a potential drop in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100