Quick answer: latest quarter results, by ticker or company name

Reported Q: Q4 2024 Rev YoY: -2.8% EPS YoY: -131.4% Move: -1.49%

8x8 Inc

EGHT

$2.65 -1.49%

Exchange NASDAQ Sector Technology Industry Software Application

Q4 2024

Published: May 21, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for EGHT

Reported

Report Date

May 21, 2024

Quarter Q4 2024

Revenue

179.41M

YoY: -2.8%

EPS

-0.19

YoY: -131.4%

Market Move

-1.49%

Previous quarter: N/A

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Earnings Highlights

Revenue of $179.41M down 2.8% year-over-year
EPS of $-0.19 decreased by 131.4% from previous year
Gross margin of 68.2%
Net income of -23.59M
""We've seen a substantial reduction in our non-GAAP cost structure, with cost reductions totaling more than $47 million from fiscal 2023."" - Samuel Wilson, CEO

EGHT

8x8 Inc

Period Q4 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 11, 2026

Executive Summary

In the fourth quarter of fiscal 2024, 8x8 Inc (EGHT) reported total revenue of $179.4 million, slightly down from the previous quarter. Despite this decline, the company exceeded its guidance for operating margins, reflecting effective cost management and operational efficiency. The net loss for the quarter was $23.6 million, resulting in a diluted EPS of -$0.19. CEO Samuel Wilson highlighted significant strides in innovation and product expansion, underpinning a confident outlook for future growth. Management expects to return to revenue growth by the fourth quarter of fiscal 2025, focusing on strengthening sales productivity and enhancing product offerings, particularly within the Communications Platform as a Service (CPaaS) segment.

Key Performance Indicators

Revenue

Decreasing

179.41M

QoQ: -0.88% | YoY: -2.77%

Gross Profit

Decreasing

122.44M

68.25% margin

QoQ: -1.92% | YoY: -5.28%

Operating Income

Decreasing

-14.22M

QoQ: -51.41% | YoY: -502.46%

Net Income

Decreasing

-23.59M

QoQ: -11.16% | YoY: -150.14%

EPS

Decreasing

-0.19

QoQ: -11.76% | YoY: -131.43%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue Performance:
- Total Revenue: $179.4 million, down 0.88% QoQ and down 2.77% YoY.
- Net Income: -$23.6 million, reflecting ongoing challenges but consistent with the planned strategic transition.
- Diluted EPS: -$0.19.

Cost Efficiency:
- Operating Income Margin: -7.92%, an improvement compared to previous quarters, indicating effective cost management.
- Operating Expenses: Reduced by over $47 million YoY, reflecting a streamlined cost structure.

Cash Flow:
- Cash Flow from Operations (CFFO): $12.7 million for the quarter, a 62% increase from fiscal 2023, marking 13 consecutive quarters of positive cash flow.
- Ending Cash Balance: $118 million, after significant debt repayments, enhancing liquidity and financial flexibility.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	179.41M	-2.77%	-0.88%
Gross Profit	122.44M	-5.28%	-1.92%
Operating Income	-14.22M	-502.46%	-51.41%
Net Income	-23.59M	-150.14%	-11.16%
EPS	-0.19	-131.43%	-11.76%

Key Financial Ratios

Gross Profit Margin

Excellent

68.20%

Gross profit margin is exceptional, indicating strong pricing power and operational efficiency

Operating Profit Margin

Weak

-0.08%

Operating margin is below industry norms, profitability concerns

Net Profit Margin

Weak

-0.13%

Net profit margin is below industry norms, profitability concerns

Return on Assets

Weak

-0.03%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

-0.23%

Return on equity suggests inefficient capital allocation

Current Ratio

Adequate

1.44

Current ratio meets minimum requirements but limited cushion

Debt to Equity

High Risk

4.68

Debt-to-equity indicates high leverage and elevated financial risk

P/E Ratio

Negative

-3.53x

Negative earnings make P/E ratio not meaningful

Price to Book

Premium

3.27x

Trading at premium to book value, reflects strong intangibles or growth

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2026	181.36	-0.03	+1.1%	View
Q3 2025	178.88	0.02	-1.2%	View
Q2 2025	181.00	-0.11	-2.2%	View
Q1 2025	178.15	-0.08	-2.8%	View
Q4 2024	179.41	-0.19	-2.8%	View

8x8 Inc (EGHT) Q4 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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