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8x8 (EGHT) Q4 Earnings Match Estimates
8x8 (EGHT) Q4 Earnings Match Estimates

Yahoo

time20-05-2025

  • Business
  • Yahoo

8x8 (EGHT) Q4 Earnings Match Estimates

8x8 (EGHT) came out with quarterly earnings of $0.08 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this telecommunications services company would post earnings of $0.08 per share when it actually produced earnings of $0.11, delivering a surprise of 37.50%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. 8x8 , which belongs to the Zacks Internet - Software industry, posted revenues of $177.04 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.56%. This compares to year-ago revenues of $179.41 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. 8x8 shares have lost about 32.2% since the beginning of the year versus the S&P 500's gain of 1.3%. While 8x8 has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for 8x8: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.11 on $177.61 million in revenues for the coming quarter and $0.37 on $716.4 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 29% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, PagerDuty (PD), is yet to report results for the quarter ended April 2025. The results are expected to be released on May 29. This software developer is expected to post quarterly earnings of $0.19 per share in its upcoming report, which represents a year-over-year change of +11.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. PagerDuty's revenues are expected to be $118.94 million, up 7% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report 8x8 Inc (EGHT) : Free Stock Analysis Report PagerDuty (PD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Hyundai Motor India Launches 'Vehicle Digital Passport'
Hyundai Motor India Launches 'Vehicle Digital Passport'

Hans India

time19-05-2025

  • Automotive
  • Hans India

Hyundai Motor India Launches 'Vehicle Digital Passport'

A first-of-its-kind solution across Hyundai Motor Group globally, establishing HMIL as a technology leader in the connected car space The Hyundai Vehicle Digital Passport service analyses vehicle telematics and service history to create a unique proprietary algorithm-based score of every connected Hyundai vehicle Available as a value-added service to Hyundai customers with Bluelink enabled vehicles at an introductory price of just INR 399 per quarter Hyundai Motor India Limited (HMIL), India's leading smart mobility solutions provider launched the Hyundai Vehicle Digital Passport, advancing connected car technology in India. Using data analytics, the Hyundai Vehicle Digital Passport draws information from vehicle telematics and service records to generate a comprehensive digital identity of Bluelink enabled Hyundai vehicles. This value-added solution offers insights about periodic service, accidental history, malfunction indicator, warranty, driving details and much more - offering Hyundai customers a one-point access to their connected vehicle's performance and health. Speaking on the introduction of Hyundai Vehicle Digital Passport, Mr. Jae Wan Ryu, Function Head - Corporate Planning, HMIL said, 'Hyundai has been at the forefront of connected car revolution in India. Since the launch of Hyundai Bluelink in 2019, HMIL has sold over 7 Lakh connected cars in the country. Heralding new possibilities in data analytics driven by Software Defined Vehicles (SDVs), we are offering the Hyundai Vehicle Digital Passport as a value-added service for Hyundai customers with Bluelink enabled cars. HMIL becomes the first Hyundai Motor Group entity worldwide, to launch this service. This transformative service generates a holistic digital vehicle scorecard, and we are hopeful that vehicle analytics generated by this will encourage customers to drive responsibly and follow maintenance schedules proactively leading to safer mobility. We further envisage this service will be useful while buying or selling pre-owned Hyundai vehicles, inducing transparency in the decision-making process.' This service enhances the overall value proposition for Hyundai customers by delivering complete transparency, increasing trust, and encouraging smarter vehicle usage. Available at an introductory price of INR 399 per quarter, the Hyundai Vehicle Digital Passport empowers customers with: Data-backed transparency: Authentic OEM provided information and transparency for enhanced customer value Authentic OEM provided information and transparency for enhanced customer value Peace of mind: Intuitive insights into vehicle condition for proactive action into vehicle condition for proactive action Personalized recommendations: A comprehensive 7-page report offers actionable suggestions based on individual scores and service needs A comprehensive 7-page report offers actionable suggestions based on individual scores and service needs Holistic ownership experience: One-stop digital overview that ensures ease of access, responsible driving and timely upkeep The Hyundai Vehicle Digital Passport reaffirms HMIL's commitment to technological leadership by pioneering connected mobility solutions that place data at the heart of customer experience.

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