8x8 Sees Q3 Revenue $180M-$186M Vs $184.67M Est.; Service Revenue $173M-$178M; Non-GAAP Operating Margin 11%-12%
Portfolio Pulse from Benzinga Newsdesk
8x8 Inc. has projected its Q3 revenue to be between $180M-$186M, compared to an estimate of $184.67M. The company's service revenue is expected to be between $173M-$178M, with a non-GAAP operating margin of 11%-12%.
November 01, 2023 | 9:21 pm
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NEUTRAL IMPACT
8x8 Inc. has projected its Q3 revenue to be between $180M-$186M, which is in line with the estimated $184.67M. The company's service revenue is expected to be between $173M-$178M, with a non-GAAP operating margin of 11%-12%.
8x8 Inc.'s projected Q3 revenue is in line with the estimated $184.67M, which is likely to have a neutral impact on the stock. The company's service revenue and non-GAAP operating margin are also within expected ranges, suggesting stable financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100