Published on 4 Feb 2024 on Simply Wall St. via Yahoo Finance
It's been a sad week for 8x8, Inc. (NASDAQ:EGHT), who've watched their investment drop 17% to US$3.00 in the week since the company reported its quarterly result. It was a pretty bad result overall; while revenues were in line with expectations at US$181m, statutory losses exploded to US$0.17 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
See our latest analysis for 8x8
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