8×8 reports Q4 EPS 8c, consensus 6c

Reports Q4 revenue $179.4M, consensus $178.83M. The company said, “Fiscal 2024 was a transformative year at 8×8, where we significantly advanced our strategic initiatives. Our solid performance in the fourth quarter, highlighted by accelerating growth in the sales of new products, underscores the effectiveness of our transformation. Looking ahead, we remain dedicated to driving innovation, enhancing our product offerings, and delivering superior business outcomes that meet the evolving needs of our customers. We believe this will pave the way to sustained growth and profitability in the future, delivering value to our customers, partners, employees and investors.”