8x8: Fiscal Q3 Earnings Snapshot

CAMPBELL, Calif. (AP) _ 8x8 Inc. (EGHT) on Wednesday reported a loss of $26 million in its fiscal third quarter. On a per-share basis, the Campbell...

February 2, 2023
4:56 AM

CAMPBELL, Calif. (AP) _ 8x8 Inc. (EGHT) on Wednesday reported a loss of $26 million in its fiscal third quarter. On a per-share basis, the Campbell, California-based company said it had a loss of 23 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 7 cents per share. The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share. The telecommunications services company posted revenue of $184.

Ryan Nickerson