- 8×8 reported an earnings per share (EPS) of $0.11, significantly beating analyst estimates of $0.07.
- The company’s quarterly revenue reached $185.25 million, surpassing estimates and marking its fourth consecutive revenue beat.
- 8×8 achieved GAAP profitability for the full fiscal year 2026, a first since 2015, signaling a major “turning point” for the cloud communication provider.
8×8, Inc. (NASDAQ: EGHT) is a company that provides cloud-based communication solutions. Its platform integrates voice, video, chat, and contact center services for businesses. 8×8 operates in a competitive market, facing rivals in the communication technology sector. The company recently announced its financial results for the fourth quarter and full fiscal year 2026.
On May 19, 2026, 8×8 announced its earnings results. The company reports an earnings per share (EPS) of $0.11. This figure beats the analyst consensus estimate of $0.07 per share. This also shows an improvement from the $0.08 per share reported in the same quarter a year ago.
Furthermore, 8×8’s revenue for the quarter is $185.25 million. This result surpasses the estimated $181.09 million. As highlighted by Zacks, this marks the fourth consecutive quarter that the company has topped revenue estimates. The revenue figure is also an increase from the prior year’s revenue of approximately $177 million.
The company achieves GAAP profitability for the full fiscal year, a first since 2015. As reported by Business Wire, CEO Samuel Wilson calls the period a “turning point for 8×8.” He notes the company is strengthening its balance sheet and reducing debt while expanding its platform for AI-driven customer engagement.
From a financial health perspective, 8×8 has a debt-to-equity ratio of 1.97. This ratio compares a company’s total debt to its shareholder equity, indicating how it finances its assets. The company also has a current ratio of 1.09, which measures its ability to pay short-term obligations.
