8x8, Inc. (NASDAQ: EGHT) is a company that provides cloud-based communication solutions. Its platform integrates voice, video, chat, and contact center services for businesses. 8x8 operates in a competitive market, facing rivals in the communication technology sector. The company recently announced its financial results for the fourth quarter and full fiscal year 2026.
On May 19, 2026, 8x8 announced its earnings results. The company reports an earnings per share (EPS) of $0.11. This figure beats the analyst consensus estimate of $0.07 per share. This also shows an improvement from the $0.08 per share reported in the same quarter a year ago.
Furthermore, 8x8's revenue for the quarter is $185.25 million. This result surpasses the estimated $181.09 million. As highlighted by Zacks, this marks the fourth consecutive quarter that the company has topped revenue estimates. The revenue figure is also an increase from the prior year's revenue of approximately $177 million.
The company achieves GAAP profitability for the full fiscal year, a first since 2015. As reported by Business Wire, CEO Samuel Wilson calls the period a "turning point for 8x8." He notes the company is strengthening its balance sheet and reducing debt while expanding its platform for AI-driven customer engagement.
From a financial health perspective, 8x8 has a debt-to-equity ratio of 1.97. This ratio compares a company’s total debt to its shareholder equity, indicating how it finances its assets. The company also has a current ratio of 1.09, which measures its ability to pay short-term obligations.
