Overview
* 8x8 fiscal Q2 revenue of $184.1 mln beats analyst expectations
* Adjusted operating income for fiscal Q2 beats consensus estimates
* Company reports 19th consecutive qtr of positive cash flow from operations
Outlook
* 8x8 sees Q3 service revenue between $172 mln and $177 mln
* 8x8 expects Q3 total revenue between $177 mln and $182 mln
* 8x8 projects FY 2026 service revenue between $692 mln and $706 mln
* 8x8 forecasts FY 2026 total revenue between $712 mln and $726 mln
Result Drivers
* PLATFORM ENGAGEMENT - Revenuegrowth was driven by record usage of our CX platform, per CEO Samuel Wilson
* AI INTEGRATION - AI embedded across operations to enhance efficiency and customer success, per CEO Samuel Wilson
* PRODUCT EXPANSION - Expansion of product portfolio contributed to revenue growth, per CEO Samuel Wilson
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Beat $184.1 $178.22
Revenue mln mln (6
Analysts
)
Q2 Net $800,000
Income
Q2 Beat $17.3 $16.05
Adjusted mln mln (5
Operatin Analysts
g Income )
Q2 $5.3 mln
Operatin
g Income
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
* The average consensus recommendation for the integrated telecommunications services peer group is "buy"
* Wall Street's median 12-month price target for 8x8 Inc ( EGHT ) is $2.75, about 32.4% above its November 3 closing price of $1.86
* The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago
Press Release:
For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)