Cloud communications firm 8X8 surpasses Q4 expectations with higher revenue and non-GAAP earnings per share.
8X8 reported Q4 non-GAAP earnings per share of $0.11, exceeding estimates by $0.03. Revenue reached $185.2 million, up 4.6% year-over-year and $4.11 million above consensus.
The company’s cash and equivalents totaled $95.0 million as of March 31, 2026, compared to $89.3 million a year earlier. Revenue growth was driven by demand for unified communications solutions.
Shares showed limited movement in after-hours trading following the release.