8x8, Inc. (EGHT) Tops Q1 EPS by 5c, Offers Guidance

8x8, Inc. (NYSE: EGHT) reported Q1 EPS of ($0.07), $0.05 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $121.8 million versus the consensus estimate of $120.58 million.

GUIDANCE:

8x8, Inc. sees Q2 2021 revenue of $125-126.5 million, versus the consensus of $125.8 million.

• Total Revenue guidance in the range of $125.5 million to $126.5 million, representing approximately 15% to 16% year-over-year growth.
• Service Revenue guidance in the range of $117.3 million to $118.3 million, representing approximately 16% to 17% year-over-year growth.
• Non-GAAP Pre-Tax Loss guidance of approximately $7.5 million.

For earnings history and earnings-related data on 8x8, Inc. (EGHT) click here.

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