8x8 Inc
General ticker "EGHT" information:
- Sector: Information Technology
- Industry: Software
- Capitalization: $387.7M
8x8 Inc does not follow the US Stock Market performance with the rate: -7.9%.
Estimated limits based on current volatility of 3.5%: low 2.63$, high 2.82$
Factors to consider:
- US accounted for 72.1% of revenue in the fiscal year ended 2023-03-31
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-03-31 to 2026-03-31
- 2024-03-31 to 2025-03-31 estimated range: [2.11$, 4.18$]
- 2025-03-31 to 2026-03-31 estimated range: [2.17$, 4.30$]
Financial Metrics affecting the EGHT estimates:
- Negative: Operating profit margin, % of -3.65 <= 1.03
- Positive: 0.10 < Non-GAAP EPS, $ of 0.47
- Positive: Operating cash flow per share per price, % of 23.43 > 12.76
- Negative: negative Net income
- Negative: Industry operating cash flow per share per price (median), % of 2.08 <= 3.85
- Positive: Industry inventory ratio change (median), % of -6.35 <= -0.39
Short-term EGHT quotes
Long-term EGHT plot with estimates
Financial data
| YTD | 2022-03-31 | 2023-03-31 | 2024-03-31 |
|---|---|---|---|
| Operating Revenue | $638.13MM | $743.94MM | $728.71MM |
| Operating Expenses | $792.27MM | $810.23MM | $756.31MM |
| Operating Income | $-154.14MM | $-66.29MM | $-27.60MM |
| Non-Operating Income | $-21.63MM | $-4.04MM | $-36.35MM |
| Interest Expense | $21.63MM | $4.04MM | $39.82MM |
| R&D Expense | $112.39MM | $146.22MM | $136.22MM |
| Income(Loss) | $-175.77MM | $-70.34MM | $-63.95MM |
| Taxes | $-0.39MM | $2.81MM | $3.64MM |
| Profit(Loss) | $-175.38MM | $-73.14MM | $-67.59MM |
| Stockholders Equity | $182.37MM | $99.91MM | $101.96MM |
| Inventory | $44.17MM | $38.56MM | $0.00MM |
| Assets | $910.27MM | $841.81MM | $755.98MM |
| Operating Cash Flow | $34.68MM | $48.79MM | $78.98MM |
| Capital expenditure | $24.51MM | $14.89MM | $16.94MM |
| Investing Cash Flow | $-159.98MM | $6.05MM | $8.55MM |
| Financing Cash Flow | $105.42MM | $-37.78MM | $-83.41MM |
| Earnings Per Share* | $-1.55 | $-0.63 | $-0.56 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.