A Look Back at Video Conferencing Stocks' Q2 Earnings: 8x8 (NASDAQ:EGHT) Vs The Rest Of The Pack [Yahoo! Finance]
8x8 Inc (EGHT)
Last 8x8 inc earnings: 2/4 04:05 pm
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US:NASDAQ Investor Relations:
investors.8x8.com
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Source: Yahoo! Finance
Work is becoming more distributed, both across geographies and devices. In order for businesses to keep functioning efficiently, they need to be able to communicate as well as they did when the teams were co-located, which drives the demand for integrated communication platforms. The 4 video conferencing stocks we track reported a slower Q2. As a group, revenues beat analysts' consensus estimates by 1.2% while next quarter's revenue guidance was 1.4% below. Valuation multiples for many growth stocks have not yet reverted to their early 2021 highs, but the market was optimistic at the end of 2023 due to cooling inflation. This year has been a different story as mixed inflation signals have led to market volatility, and video conferencing stocks have had a rough stretch. On average, share prices are down 9.9% since the latest earnings results. Weakest Q2: 8x8 (NASDAQ:EGHT) Founded in 1987, 8x8 (NYSE:EGHT) provides software for organizations to efficiently communicate and collab
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EGHT
News
- 8x8 Delivers Latest Platform Innovations Adding Video Engagement to 8x8 Contact CenterBusiness Wire
- 8x8 Wins Stevie® Awards in 2024 International Business Awards® for Continued Excellence in Professional Services [Yahoo! Finance]Yahoo! Finance
- 8x8 Wins Stevie® Awards in 2024 International Business Awards® for Continued Excellence in Professional ServicesBusiness Wire
- Contact Center Market to Grow by USD 161.73 Billion (2023-2027) as Cloud Adoption Soars, How AI is Driving Market Transformation - Technavio [Yahoo! Finance]Yahoo! Finance
- 8x8 CPaaS Named a Leader in Programmable Video Market by Industry ExpertBusiness Wire
EGHT
Earnings
- 8/7/24 - Beat
EGHT
Sec Filings
- 8/27/24 - Form 4
- 8/27/24 - Form 4
- 8/27/24 - Form 4
- EGHT's page on the SEC website