JUMP REPORT
Avg Daily Volume: 1,875,448 Market Cap: 1.44B
Sector: Technology Short Interest: 25.75
EARNINGS EXPECTATIONS:
THIS QTR: EPS: – .14/share REV: 119.3/M
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LAST QTR: EPS: -.17/share ACTUAL: -.17/share (MISS)
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NEXT QTR: EPS: -.11/share REV: 121.6/M
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FULL YR: EPS: -.62/share REV: 443.9/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 45% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 6.27, -9.38, -12.44
EXPECTED JUMP MOVE: 10%
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*** With market volatility at extremes during the coronavirus pandemic there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
Shares of 8×8 (NYSE: EGHT) are soaring today, up by 12% as of 12:40 p.m. EDT, after the company reported fiscal second-quarter earnings. The results topped consensus estimates, although guidance came in below expectations. The communications technology company reported annual recurring revenue (ARR) of $467.1 million and finished the quarter with 670 customers that generate ARR of $100,000 or more.
EGHT earnings call for the period ending September 30, 2020.
8×8 (EGHT) delivered earnings and revenue surprises of 57.14% and 2.43%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
8×8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform, today reported financial results for the second quarter of fiscal 2021 ended September 30, 2020.
8×8, Inc. (NYSE: EGHT) announced the State of Alaska has signed a Participating Addendum with 8×8 under the NASPO ValuePoint Cloud Solutions contract.
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