8x8, Inc. Reports Third Quarter Fiscal 2022 Financial Results

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8x8 (EGHT) PT Lowered to $22 at Needham & Company

February 3, 2022 7:08 AM EST

Needham & Company analyst Ryan Koontz lowered the price target on 8x8 (NYSE: EGHT) to $22.00 (from $32.00) while maintaining a Buy rating.

The analyst commented, "EGHT reported solid F3Q22 results beating consensus revenue by 2% with NG EPS of $0.02 driven by accelerating... More

8x8, Inc. (EGHT) Tops Q3 EPS by 1c

February 2, 2022 4:09 PM EST

8x8, Inc. (NYSE: EGHT) reported Q3 EPS of $0.02, $0.01 better than the analyst estimate of $0.01. Revenue for the quarter came in at $156.9 million versus the consensus estimate of $154.06 million.

GUIDANCE:

8x8, Inc. sees FY2022 revenue of $604-605 million, versus the... More