Investors interested in Internet - Software stocks are likely familiar with 8x8 (EGHT) and Smartsheet (SMAR). But which of these two stocks presents investors with the better value opportunity right now?
8x8, Inc. (NASDAQ:EGHT ) Q2 2025 Earnings Call November 4, 2024 5:00 PM ET Company Participants Kate Patterson - Investor Relations Samuel Wilson - Chief Executive Officer Kevin Kraus - Chief Financial Officer Conference Call Participants Eamon Coughlin - Barclays Michael Turrin - Wells Fargo Securities Siti Panigrahi - Mizuho Meta Marshall - Morgan Stanley William Power - Baird Michael Funk - Bank of America Peter Levine - Evercore Ryan Koontz - Needham & Co Operator Good day and thank you for standing by. Welcome to Second Quarter 2025 8x8 Inc. Earnings Conference Call.
Although the revenue and EPS for 8x8 (EGHT) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
8x8 (EGHT) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.14 per share a year ago.
8x8 (EGHT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
8x8, Inc. (NASDAQ:EGHT ) Q1 2025 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Kate Patterson - Vice President of Investor Relations Samuel Wilson - Chief Executive Officer Conference Call Participants Matthew VanVliet - BTIG, LLC Catharine Trebnick - Rosenblatt Securities Inc. Meta Marshall - Morgan Stanley David Unger - Wells Fargo Securities LLC Imtiaz Koujalgi - Wedbush Securities Inc. Michael Funk - Bank of America Merrill Lynch Operator Good day, and thank you for standing by. Welcome to Q1 2025 8x8 Earnings Conference Call.
Although the revenue and EPS for 8x8 (EGHT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
8x8 (EGHT) came out with quarterly earnings of $0.08 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.13 per share a year ago.
8x8 continues to report and guide for stagnant revenues as the company is losing against its still growing competition. As insiders have continuously sold shares and the guidance expects continued stagnancy, a growth recovery seems unlikely. High continued SBC could deteriorate shareholders' equity as the share price has plummeted.
The telecom industry is bouncing back, fueled by the growing demand for connectivity and Internet-of-Things (IoT) services. However, it continues to navigate a maze of challenges though, with geopolitical tensions and persistent inflation weighing down its recovery.