8x8 (EGHT) Q2 Earnings and Revenues Beat Estimates
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8x8 (EGHT) reported Q2 earnings of $0.09 per share, surpassing the Zacks Consensus Estimate of $0.08. However, this is a decrease from $0.14 per share a year ago.
November 05, 2024 | 12:30 pm
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8x8 reported Q2 earnings of $0.09 per share, exceeding expectations but down from last year's $0.14 per share.
The earnings beat is a positive indicator for the stock, suggesting better-than-expected performance. However, the year-over-year decline in earnings per share may temper investor enthusiasm. Overall, the short-term impact is likely positive due to the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100