8x8, Inc. (EGHT) Tops Q1 EPS by 3c

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Go back to 8x8, Inc. (EGHT) Tops Q1 EPS by 3c

Needham & Company Raises Price Target on 8x8, Inc. (EGHT) to $17 Following 1Q Report

July 22, 2016 7:01 AM EDT

Needham & Company reiterated a Buy rating on 8x8 (NASDAQ: EGHT), and raised the price target to $17.00 (from $15.00), following the company's 1Q earnings report. Revenue of $60.0MM exceeded consensus of $57.8B, and NG EPS of $0.06 beat the $0.03 consensus.

Analyst Richard Valera... More