By Elias Schisgall

Shares of 8x8 rose after the company swung to a profit in the fourth quarter and reported adjusted earnings and revenue ahead of Wall Street expectations.

In after-hours trading Tuesday, shares were up 13%, to $2.73, after closing up 0.8%, at $2.41. The stock was up 22% year-to-date at the close.

The business communications company swung to a fourth-quarter profit of $106,000, or breakeven on a per-share basis, from a loss of $5.4 million, or 4 cents a share, a year earlier.

Stripping out certain one-time items, 8x8 had adjusted earnings of 11 cents a share. Analysts surveyed by FactSet were expecting 8 cents a share.

Revenue rose to $185.2 million from $177 million in the prior-year quarter. Analysts were expecting $181.1 million in revenue.

The company said it was seeing strong demand for its artificial-intelligence-based CX and communication API solutions during the fourth quarter. It said fiscal 2026 represented its first profitable year since 2015.

"Customers do not want to be locked into yesterday's AI model or a closed ecosystem," Chief Executive Officer Samuel Wilson said. "They want agile, open platforms that can evolve as quickly as innovation itself while helping them deliver better customer experiences, build trust, and strengthen customer loyalty. This is what we are building."

For the first quarter, 8x8 said it expects adjusted earnings between 8 cents and 9 cents a share on revenue of $180 million to $185 million.

Analysts are expecting adjusted earnings of 8 cents a share and $182.4 million in revenue for the quarter.

8x8 projected full-year adjusted earnings between 33 cents and 38 cents a share on revenue of $727 million to $747 million.

Analysts expect full-year adjusted earnings of 36 cents a share on $737.3 million in revenue.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

May 19, 2026 17:19 ET (21:19 GMT)

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