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Investors interested in Internet - Software stocks are likely familiar with 8x8 (EGHT) and New Relic (NEWR). But which of these two companies is the best option for those looking for undervalued stocks?
8x8, Inc. (NASDAQ:EGHT ) Q4 2023 Earnings Conference Call May 11, 2023 5:00 PM ET Company Participants Kate Patterson - VP, IR Samuel Wilson - Interim CEO Kevin Kraus - Interim CFO Conference Call Participants Matt VanVliet - BTIG Siti Panigrahi - Mizuho Meta Marshall - Morgan Stanley George Sutton - Craig-Hallum Catharine Trebnick - Roth Capital Partners Peter Levine - Evercore ISI Taz Koujalgi - Webush Austin Williams - Wells Fargo Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Fourth Quarter 2023 8x8 Inc. Earnings Conference Call.
8x8 (EGHT) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.05 per share a year ago.
The world's foremost artificial intelligence stock trading algorithm, An-E, predicts that 8×8 (NASDAQ: EGHT ) stock will gain 4% by June 1. An-E (pronounced Annie) has made this kind of prediction before.
Share prices have nearly nothing to do with a company's total market value or business prospects. 8x8 is both low-priced and fairly small, but there is nothing petite about its target market.
8x8 (EGHT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Bloomberg's Sonali Basak reports on the takeaways from this quarter's 13F disclosures by hedge funds. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.
8x8 (EGHT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
8x8 (EGHT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Robust customer retention helped 8x8 deliver earnings far ahead of analyst expectations.