8 x 8 INC (EGHT)

[TechKim]

I do not think that the expected forward thinking outlook of the CEO, even though the CEO has time and time again proven the business plan continues to work found favor with some of the investment community. The momentum is not stopping, either is the revenue, just a temporary adjustment in operating expenses to evolve the company into a bigger revenue maker.

"We are therefore adjusting our fiscal 2018 non-GAAP pre-tax income guidance from a previously announced range of approximately 7% to 9% of revenue to approximately 3% of revenue, while maintaining our revenue guidance. This increased investment will allow us to accelerate future growth and continue to drive attractive shareholder returns.”

The first part, the adjustment, is what was read and learned, all the while missing the second part future growth.

So I expect that 8x8 will once again have to prove it meaning the future growth.

OPINION