8×8 (NASDAQ:EGHT) will report earnings after markets close on Wednesday, May 22nd. 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 $28.28 million. Currently, the company’s P/E ratio stands at 7.23.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.06 and has not changed. For the current year, the average estimate is a profit of $0.2, which is the same as the estimate ninety days ago.
Here’s how 8×8 has been performing on an annual basis:
|Revenue ($) in millions||61.65||64.67||63.40||70.16||85.80|
|Diluted EPS ($)||0.00||-0.04||0.06||0.10||0.99|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||23.28||24.20||25.25||26.37||27.34|
|Diluted EPS ($)||0.04||0.8682||0.12||0.02||0.03|
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)