8x8 Reports Q4 In Line with Expectations, but Sales Guidance Slightly Misses
Key Highlights:
* Revenue: $178.9 million (est. $179.3 million)
* Non-GAAP EPS: $0.11 (est. $0.09)
* Adjusted Operating Income: $19.09 million (est. $18.8 million)
* Guidance for Q1 CY2025: $178 million (est. $181.7 million)
* Billings: $173.1 million (down 4.4% YoY)
Company Overview:
Founded in 1987, 8x8 (NASDAQ: EGHT) provides enterprise software for communication and collaboration.
Sales Growth:
* Annualized revenue growth of 6.1% over the past three years
* 1.2% YoY revenue decline in Q4
Billings:
* $173.1 million in Q4
* Average 2.5% YoY declines over the past four quarters
Customer Acquisition Efficiency:
* Negative CAC payback period, indicating inefficient sales and marketing investments
Key Takeaways:
* EBITDA beat analyst expectations
* Revenue guidance for Q1 missed estimates
* Billings fell short of expectations
Valuation and Recommendation:
Visit our full research report for an in-depth analysis of 8x8's valuation and investment recommendation.