8x8, Inc. (EGHT)

NASDAQ: EGHT · IEX Real-Time Price · USD
2.760
+0.080 (2.99%)
At close: May 17, 2024, 4:00 PM
2.680
-0.080 (-2.90%)
After-hours: May 17, 2024, 6:42 PM EDT
2.99%
Market Cap 344.28M
Revenue (ttm) 733.82M
Net Income (ttm) -53.43M
Shares Out 125.19M
EPS (ttm) -0.44
PE Ratio n/a
Forward PE 7.25
Dividend n/a
Ex-Dividend Date n/a
Volume 528,406
Open 2.690
Previous Close 2.680
Day's Range 2.640 - 2.775
52-Week Range 2.120 - 4.880
Beta 1.46
Analysts Buy
Price Target 3.91 (+41.67%)
Earnings Date May 8, 2024

About EGHT

8x8, Inc. provides voice, video, chat, contact center, and enterprise-class application programmable interface (API) Software-as-a-Service solutions for small and mid-size businesses, mid-market and larger enterprises, government agencies, and other organizations worldwide. It provides 8x8 Work, a self-contained end-to-end united communications solution that delivers enterprise voice with public switched telephone network connectivity, video meetings, and unified messaging, as well as direct messages, public and private team messaging rooms, an... [Read more]

Sector Technology
IPO Date Jul 2, 1997
Employees 1,921
Stock Exchange NASDAQ
Ticker Symbol EGHT
Full Company Profile

Financial Performance

In 2022, 8x8, Inc.'s revenue was $743.94 million, an increase of 16.58% compared to the previous year's $638.13 million. Losses were -$73.14 million, -58.30% less than in 2021.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for EGHT stock is "Buy." The 12-month stock price forecast is $3.91, which is an increase of 41.67% from the latest price.

Price Target
$3.91
(41.67% upside)
Analyst Consensus: Buy
Stock Forecasts

News

8x8, Inc. Announces Participation in Upcoming Investor Events

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud contact center and unified communications platform provider, today announced investor events for the first quart...

4 days ago - Business Wire

8x8 Partners with Military Makeover to Honor and Support Veterans

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) today highlighted its recent partnership with Military Makeover's Special Edition: Operation Career.

4 days ago - Business Wire

8x8, Inc. Reports Fourth Quarter and Fiscal Year 2024 Financial Results

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) today reported financial results for the fourth quarter and fiscal year 2024 ended March 31, 2024.

10 days ago - Business Wire

Thinktank Group Gets Customized White Label and Brand Insights with 8x8

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces that Thinktank Group has deployed the 8x8 platform to enhance customer experiences within its contact center.

16 days ago - Business Wire

8x8's Latest Platform Innovations Enable Organizations to Bridge Customer Experience Gaps and Deliver Superior End-to-end Customer Engagement

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) highlights the latest enhancements to the 8x8 integrated cloud platform for improved communication and collaboration.

23 days ago - Business Wire

8x8, Inc. Schedules Fourth Quarter and Fiscal 2024 Earnings Release and Conference Call

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) schedules fourth quarter fiscal 2024 earnings release and conference call.

26 days ago - Business Wire

8x8 Launches Operator Connect for Microsoft Teams to Streamline Reliable Telephony Deployment and Adoption for Organizations Using Teams

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces 8x8 Operator Connect for Microsoft Teams, a purpose-built solution offering native PSTN calling in Microsoft Teams.

4 weeks ago - Business Wire

8x8 Receives Multiple Awards for Continued Innovation

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces new industry award wins, including recent wins from Constellation Research, G2, CX Today, and CRN.

2 months ago - Business Wire

King Power Corporation Drives Operational Cost Reduction and Enhanced Customer Experiences with 8x8

SINGAPORE--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces King Power Corporation has integrated 8x8's SMS API solution into their e-commerce platform to enhance CX.

2 months ago - Business Wire

8x8 Launches 8x8 Engage™ to Bridge Customer Experience Journey Gaps Across an Organization

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces 8x8 Engage, an AI-powered, tailored solution that enables cross-organization customer engagement for enhanced CX.

2 months ago - Business Wire

Proactive Outreach for 8x8 Contact Center Enhances Customer Engagement with Highly Personalized Messaging Campaigns

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces new Proactive Outreach features for 8x8 Contact Center, enhancing customer messaging capabilities.

2 months ago - Business Wire

8x8, Inc. Issues New Employee Inducement Grants

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud contact center and unified communications platform provider, today announced that 8x8 granted restricted stock u...

3 months ago - Business Wire

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of 8x8, Inc. (NASDAQ: EGHT)

NEW YORK , Feb. 5, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating 8x8, Inc. (NASDAQ: EGHT) on behalf of the company's shareholders.  The investigation seeks to determi...

3 months ago - PRNewsWire

8x8, Inc. Reports Third Quarter Fiscal 2024 Financial Results

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud contact center and unified communications platform provider, today reported financial results for the third quar...

3 months ago - Business Wire

8x8 Bridges the Customer Engagement Gap, Empowering Customer-Facing Employees with Tailored Tools to Deliver Exceptional Customer Experiences Across the Entire Organization

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces the beta availability of a new product line to deliver effective customer engagement across the entire organization.

3 months ago - Business Wire

8x8 Enhances Cloud Contact Center and Unified Communications Platform with AI-powered Customer and Employee Experience Innovations

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces enhancements to the 8x8 XCaaS platform, featuring AI-powered customer and employee experience innovations.

4 months ago - Business Wire

8x8 Announces New Technology Partner Ecosystem Tier to Empower Technology Partners to Solve Compelling Business Use Cases

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces SellWith8 allowing technology partners to solve compelling business use cases for customers.

4 months ago - Business Wire

8x8, Inc. Schedules Third Quarter Fiscal 2024 Earnings Release and Conference Call

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) schedules third quarter fiscal 2024 earnings release and conference call.

4 months ago - Business Wire

8x8 Extends XCaaS Platform AI Capabilities with Real-time Meeting Transcriptions and Smart Summarizations

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces the addition of AI-powered video meeting capabilities to the 8x8 XCaaS platform.

4 months ago - Business Wire

Wayne Metropolitan Community Action Agency Turns to 8x8 Integrated Cloud Contact Center and Unified Communications Platform to Better Serve the Community

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces Wayne Metro Community Action Agency has deployed 8x8 XCaaS to better serve the community.

4 months ago - Business Wire

8x8's Innovation Momentum Recognized with Newest 2023 Award Wins

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces it has won numerous prestigious industry awards, including recent wins from CRN, TrustRadius, and Software Advice.

5 months ago - Business Wire

Ty Chooses 8x8 XCaaS for Enhanced Customer Experiences and Employee Collaboration

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces that Ty has deployed 8x8 XCaaS to improve customer engagement and employee communication and collaboration.

5 months ago - Business Wire

8x8 Announces 8x8 Sales Assist to Improve the Customer Experience, Increase Satisfaction, and Accelerate Revenue Growth for Retailers

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces 8x8 Sales Assist™ for retailers, providing connected journeys across self- and assisted-service for improved CX.

5 months ago - Business Wire

8x8 Named a Leader in the 2023 Gartner® Magic Quadrant™ for Unified Communications as a Service

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces it has been named a Leader in the 2023 Gartner Magic Quadrant for Unified Communications as a Service.

5 months ago - Business Wire

78% of UK IT Decision Makers are Deploying AI and Automation to Future Proof Their Businesses Amidst Ongoing Uncertainty, Reveals New 8x8 Research

LONDON--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) unveils new research, Permacrisis: The View from the IT Frontline, detailing the impact on UK businesses.

6 months ago - Business Wire