8x8, Inc. Reports Third Quarter Fiscal 2016 Financial Results

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Go back to 8x8, Inc. Reports Third Quarter Fiscal 2016 Financial Results

Needham & Company Reiterates Buy on 8x8, Inc. (EGHT) Following Top and Bottom Line Beat

January 22, 2016 9:09 AM EST

Needham & Company reiterated a Buy rating and $14.00 price target on 8x8 (NASDAQ: EGHT) following the company's 3Q earnings report. Results were solid across the board, with top and bottom line beating Street consensus by $1.2 million, and $0.02.

Analyst Michael Huang commented, "Q3... More

8x8, Inc. (EGHT) Tops Q3 EPS by 2c

January 21, 2016 4:09 PM EST

8x8, Inc. (NASDAQ: EGHT) reported Q3 EPS of $0.05, $0.02 better than the analyst estimate of $0.03. Revenue for the quarter came in at $53.2 million versus the consensus estimate of $52.04 million.

8x8 executed another solid quarter, posting a 94% increase in new monthly recurring revenue sold to mid-market and enterprise... More