EGHT
8x8 Inc
Q1 2026 Report
8x8 Inc (EGHT) Q1 2026 Financial Results Report: Turning the Corner as Revenue Growth Resumes...
Read full report
Executive Summary
In the fourth quarter of fiscal 2024, 8x8 Inc (EGHT) reported total revenue of $179.4 million, slightly down from the previous quarter. Despite this decline, the company exceeded its guidance for operating margins, reflecting effective cost management and operational efficiency. The net loss for the quarter was $23.6 million, resulting in a diluted EPS of -$0.19. CEO Samuel Wilson highlighted significant strides in innovation and product expansion, underpinning a confident outlook for future growth. Management expects to return to revenue growth by the fourth quarter of fiscal 2025, focusing on strengthening sales productivity and enhancing product offerings, particularly within the Communications Platform as a Service (CPaaS) segment.
Key Performance Indicators
Revenue
179.41M
QoQ: -0.88% | YoY:-2.77%
Gross Profit
122.44M
68.25% margin
QoQ: -1.92% | YoY:-5.28%
Operating Income
-14.22M
QoQ: -51.41% | YoY:-502.46%
Net Income
-23.59M
QoQ: -11.16% | YoY:-150.14%
EPS
-0.19
QoQ: -11.76% | YoY:-131.43%
Revenue Trend
Margin Analysis
Key Insights
- **Total Revenue:** $179.4 million, down 0.88% QoQ and down 2.77% YoY.
- **Net Income:** -$23.6 million, reflecting ongoing challenges but consistent with the planned strategic transition.
- **Diluted EPS:** -$0.19.
- **Operating Income Margin:** -7.92%, an improvement compared to previous quarters, indicating effective cost management.
- **Operating Expenses:** Reduced by over $47 million YoY, reflecting a streamlined cost structure.