8x8 Inc (EGHT) Earnings Report, Financial Results, Financial analysis

8x8 Inc narrowed forth quarter of 2023 net loss per share of $-0.08 compare to net loss per share of $-0.39 recorded in the same quarter a year ago and improved compare to net loss per share of $-0.23 realized in previous quarter.

*forth quarter of 2023*
Earnings Per Share	Revenues
$ -0.08	$ 185 Mill
$+0.31	$+3M +1.74 %

8x8 Inc 's Revenue rose by 1.74 % in forth quarter of 2023 (Mar 31 2023) year on year, to $185 million and advanced by 0.07 % sequentially.

8x8 Inc is Expected to report next financial results on July 28, 2023.

More on EGHT's Income Statement

EGHT's NET INCOME

8x8 Inc 's in theforth quarter of 2023 recorded net loss of $-9.431 million, an improvement compare to net loss of $-45.582 million in IV. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-26.030 million realized in previous quarter.

More on EGHT's Growth

8x8 Inc Inventories
EGHT's Cash flow In theforth quarter of 2023 company's net cash flow was $18 million, capital expenditures grew by -9.58%, to $-5 millions compare to same quarter a year ago and fell by 65.67% from III. Quarter (Dec 31 2022).

More on EGHT's Cash flow Statement

Earnings quality

8x8 Inc does not pay out common stock dividend.

In trailing twelve-month period 8x8 Inc earned $ 0.42 cash per share, on a free-cash flow basis .

Book value grew by 8.20 % sequentially to $0.86 per share.
Tangible Book value grew to $ -2.36 per share from $ -2.54.

Company issued 2.90 million shares or 2.56 % in Mar 31 2023.

• More on EGHT's Dividends

Market Capitalization (Millions)	478
Shares Outstanding (Millions)	116
Total Debt (Millions $)	492
Revenue (TTM) (Millions $)	744
Net Income (TTM) (Millions $)	-73
Cash Flow (TTM) (Millions $)	12
Capital Exp. (TTM) (Millions $)	-15
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	416

Earnings quality

8x8 Inc does not pay out common stock dividend.

In trailing twelve-month period 8x8 Inc had $ 0.42 cash flow per share, on a free-cash flow basis .

Book value grew by 8.20 % sequentially to $0.86 per share.
Tangible Book value grew to $ -2.36 per share from $ -2.54.

Company issued 2.90 million shares or 2.56 % in Mar 31 2023.

• More on EGHT's Balance Sheets

Market Capitalization (Millions)	478
Shares Outstanding (Millions)	116
Total Debt (Millions $)	492
Revenue (TTM) (Millions $)	744
Net Income (TTM) (Millions $)	-73
Cash Flow (TTM) (Millions $)	12
Capital Exp. (TTM) (Millions $)	-15
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	416

8x8 Inc

EGHT's Financial Statements and Analysis