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Stock impact report

EGHT Declines 20% in a Month: Should You Buy, Sell or Hold the Stock? [Yahoo! Finance]

8x8 Inc (EGHT) 
Last 8x8 inc earnings: 2/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.8x8.com
Company Research Source: Yahoo! Finance
The stock has lagged the broader Zacks Computer and Technology sector's 6.2% decline and the Zacks Internet – Software industry's 6.3% drop in the past month. 8x8 also underperformed its industry peers, including CLEAR Secure YOU, Olo OLO and Guidewire Software GWRE. While YOU shares have returned 9.2% over the past month, OLO and GWRE shares have lost 8% and 14.3%, respectively, during the same period. EGHT's share price decrease resulted from a weakness in total revenues. Notably, revenues fell 1.2% both sequentially and year over year to $179 million in the third quarter of fiscal 2025. The expected revenue decline from customers still on the Fuze platform contributed to the downturn. 8x8 faced forex headwinds of more th Read more
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