Benzinga | Jul 30, 2020 04:28PM EDT

8x8 Q1 EPS $(0.07) Beats $(0.12) Estimate, Sales $121.80M Beat $120.58M Estimate

8x8 (NYSE:EGHT) reported quarterly losses of $(0.07) per share which beat the analyst consensus estimate of $(0.12) by 41.67 percent. This is a 50 percent increase over losses of $(0.14) per share from the same period last year. The company reported quarterly sales of $121.80 million which beat the analyst consensus estimate of $120.58 million by 1.01 percent. This is a 25.99 percent increase over sales of $96.67 million the same period last year.