8x8, Inc. (EGHT) Wednesday reported first-quarter profit of $8.6 million or $0.12 per share, up from $1.9 million or $0.03 per share in the year-earlier quarter.
Adjusted earnings were $3.4 million or $0.05 per share, compared to $1.9 million or $0.03 per share last year.
On average, five analysts polled by Thomson Reuters expected the company to earn $0.03 per share for the quarter. Analysts' estimates typically exclude special items.
First-quarter revenues increased 36 percent to $25.3 million from $18.5 million last year. Analysts expected revenues of $24.92 million.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.