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Stock impact report

EGHT Rises 38% in a Month: Is the Stock Still a Screaming Buy? [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
This global provider of cloud-based contact center as-a-service (CCaaS) and unified communications as-a-service (UCaaS) software has outperformed its closest peers like Zoom ZM, NICE NICE and RingCentral RNG, over the same timeframe. ZM, NICE and RNG shares have returned 10%, 8.8%, and 4.4%, respectively. The outperformance can be attributed to EGHT's terrific second-quarter fiscal 2025 results. Both earnings and revenues beat the Zacks Consensus Estimate comfortably. Platform usage revenues surged more than 20% year over year, while sales of non-SMS products grew more than 50% year over year. Image Source: Zacks Investment Research Sales of new products jumped more than 60% year over year, led by AI-based solutions, including Intelligent Customer Assistant and other solutions from EGHT's technology partner ecosystem. Sales of these AI-based solutions increased more than 50% sequentially and over 200% year over year. Since the launch of Intelligent Customer Assistant, 8x8 has Show less Read more
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