8×8 Earnings: Your Sneak Peek to the Big Announcement

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.

Analyst Trends:

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.

Earnings Trends:

Here’s how 8×8 has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)