8×8 (NASDAQ:EGHT) will report earnings after markets close on Wednesday, July 24th. 8×8, Inc. provides voice-over-Internet protocol creation platforms, hosted Internet PBX solutions, voice and video semiconductors, and related software. The Company offers service providers the tools to create next-generation Internet protocol network services, while providing telecommunications manufacturers with embedded technology, software stacks, and reference designs.
Here is your Cheat Sheet to 8×8 Earnings:
Earnings Expectations: Analysts expect earnings of $0.06 per share on revenues of $29.57 million. Currently, the company’s P/E ratio stands at 46.16.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.07 to a profit $0.06. For the current year, the average estimate is a profit of $0.26, which is worse than the estimate ninety days ago.
Here’s how 8×8 has been performing on an annual basis:
|Revenue ($) in millions||65||63||70||86||108|
|Diluted EPS ($)||-0.04||0.06||0.10||0.99||0.19|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||25.25||26.37||27.34||28.65|
|Diluted EPS ($)||0.12||0.02||0.03||0.02|
8×8 has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)