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Mar 31, 2024
8x8 Q4 2024 Earnings Report
8x8's Q4 2024 earnings reflected a mix of subscription growth and strategic investments.
Key Takeaways
8x8 reported Q4 2024 earnings with a revenue of $186.5 million and a non-GAAP EPS of $0.01. The company is focusing on integrating its XCaaS platform and expanding its global reach.
Revenue was $186.5 million, a decrease of 4% year-over-year.
GAAP EPS was -$0.14, while non-GAAP EPS was $0.01.
Subscription revenue was $177.2 million, representing 95% of total revenue.
The company is focused on profitable growth and expanding its XCaaS platform.
Revenue by Segment
Forward Guidance
8x8 anticipates revenue between $179 million and $182 million and non-GAAP operating income between $6 million and $8 million for Q1 2025.
Positive Outlook
- Continued focus on integrating the XCaaS platform.
- Emphasis on profitable growth and operational efficiency.
- Expansion of global reach and capabilities.
- Expected growth in subscription revenue.
- Focus on innovation and customer satisfaction.
Challenges Ahead
- Revenue decline year-over-year.
- GAAP losses continue.
- Intense competition in the UCaaS market.
- Potential impact from economic uncertainties.
- Challenges in managing operating expenses.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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