8x8, Inc. (EGHT)

NASDAQ: EGHT · Real-Time Price · USD
2.840
+0.150 (5.58%)
At close: Nov 20, 2024, 4:00 PM
2.860
+0.020 (0.70%)
After-hours: Nov 20, 2024, 6:42 PM EST
5.58%
Market Cap 371.08M
Revenue (ttm) 719.56M
Net Income (ttm) -69.65M
Shares Out 130.66M
EPS (ttm) -0.55
PE Ratio n/a
Forward PE 7.37
Dividend n/a
Ex-Dividend Date n/a
Volume 969,316
Open 2.730
Previous Close 2.690
Day's Range 2.650 - 2.860
52-Week Range 1.510 - 3.920
Beta 1.54
Analysts Buy
Price Target 2.82 (-0.7%)
Earnings Date Nov 4, 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 business, mid-market, enterprise customers, government agencies, and other organizations worldwide. It offers 8x8 Work, a self-contained end-to-end united communications solution that delivers voice services, secure video meetings, and unified messaging, including direct messages, public and private team messaging rooms, and peer-to-peer short and multimedia messaging; 8x8 Contact Center,... [Read more]

Sector Technology
IPO Date Jul 2, 1997
Employees 1,948
Stock Exchange NASDAQ
Ticker Symbol EGHT
Full Company Profile

Financial Performance

In 2023, 8x8, Inc.'s revenue was $728.71 million, a decrease of -2.05% compared to the previous year's $743.94 million. Losses were -$67.59 million, -7.59% less than in 2022.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for EGHT stock is "Buy." The 12-month stock price forecast is $2.82, which is a decrease of -0.70% from the latest price.

Price Target
$2.82
(-0.70% downside)
Analyst Consensus: Buy
Stock Forecasts

News

8x8, Inc. Announces Participation in Upcoming Investor Events

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces participation in upcoming investor events.

1 day ago - Business Wire

8x8, Inc. Appoints John Pagliuca to Board of Directors

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announced that John Pagliuca has been appointed to the company's board of directors.

2 days ago - Business Wire

8x8 Delivers Latest AI Advancements and Customer Engagement Capabilities to Cloud CX Platform

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces recent innovations and enhancements to the 8x8 cloud platform.

13 days ago - Business Wire

8x8, Inc. (EGHT) Q2 2025 Earnings Call Transcript

8x8, Inc. (NASDAQ:EGHT) Q2 2025 Earnings Call November 4, 2024 5:00 PM ET Company Participants Kate Patterson - Investor Relations Samuel Wilson - Chief Executive Officer Kevin Kraus - Chief Financia...

16 days ago - Seeking Alpha

8x8, Inc. Announces Second Quarter Fiscal Year 2025 Financial Results

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) today reported financial results for the second quarter of fiscal year 2025 ended September 30, 2024.

16 days ago - Business Wire

CareMonitor Chooses 8x8 CPaaS to Support Critical Patient Interactions

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces that CareMonitor has deployed 8x8 CPaaS to support critical patient interactions.

4 weeks ago - Business Wire

8x8, Inc. Schedules Second Quarter Fiscal 2025 Earnings Release and Conference Call

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) schedules second quarter fiscal 2025 earnings release and conference call.

4 weeks ago - Business Wire

8x8 Extends AI-Powered 8x8 Intelligent Customer Assistant for Enhanced Voice and Digital Customer Engagement

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces the expanded availability of AI-powered voice support for 8x8 Intelligent Customer Assistant.

4 weeks ago - Business Wire

8x8 Named a Leader in the 2024 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 2024 Gartner Magic Quadrant for Unified Communications as a Service.

5 weeks ago - Business Wire

8x8 Delivers Latest Platform Innovations Adding Video Engagement to 8x8 Contact Center

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) today announced expanded availability of Video Elevation capabilities for 8x8 Contact Center.

2 months ago - Business Wire

8x8 Wins Stevie® Awards in 2024 International Business Awards® for Continued Excellence in Professional Services

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading business communications, CX and CPaaS platform provider, today announced its Professional Services organization was named the win...

2 months ago - Business Wire

8x8 CPaaS Named a Leader in Programmable Video Market by Industry Expert

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces that industry expert Tsahi Levent-Levi and BlogGeek.me named 8x8 JaaS as a leader in the programmable video market.

3 months ago - Business Wire

8x8 CX Transformation and Innovation Driving Year-Over-Year Contact Center Momentum

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces momentum for its Customer Experience AI-powered platform transformation.

3 months ago - Business Wire

Top 3 Tech Stocks Which Could Rescue Your Portfolio This Quarter

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: OUSTSMSI
3 months ago - Benzinga

Summit Fleet Moves Up a Gear with 8x8, Accelerating the Customer and Employee Experience

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces Summit Fleet has deployed the 8x8 cloud contact center and unified communications platform to enhance CX and EX.

3 months ago - Business Wire

8x8, Inc. (EGHT) Q1 2025 Earnings Call Transcript

8x8, Inc. (NASDAQ:EGHT) Q1 2025 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Kate Patterson - Vice President of Investor Relations Samuel Wilson - Chief Executive Officer C...

3 months ago - Seeking Alpha

8x8, Inc. Reports First Quarter Fiscal Year 2025 Financial Results

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) today reported financial results for the first quarter of fiscal year 2025 ended June 30, 2024.

3 months ago - Business Wire

8x8 Delivers the Latest AI-Powered Platform Innovations to Drive Customer Experience Across the Entire Business

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces recent innovations and enhancements to the 8x8 cloud platform, including new AI capabilities.

4 months ago - Business Wire

Regal.io Joins 8x8 Technology Partner Ecosystem as the Latest SellWith8 Partner

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces that Regal.io has joined the 8x8 Technology Partner Ecosystem as part of the exclusive SellWith8 tier.

4 months ago - Business Wire

8x8, Inc. Schedules First Quarter Fiscal 2025 Earnings Release and Conference Call

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) schedules first quarter fiscal 2025 earnings release and conference call.

4 months ago - Business Wire

8x8, Inc. Secures $200 Million Term Loan at Reduced Interest Rate

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces the company has secured a $200 million Term Loan at a reduced interest rate.

4 months ago - Business Wire

8x8: An Unlikely Deep Value SaaS Play

8x8 continues to report and guide for stagnant revenues as the company is losing against its still growing competition. As insiders have continuously sold shares and the guidance expects continued sta...

5 months ago - Seeking Alpha

8x8 Celebrates Two ChannelVision Visionary Spotlight Awards for 8x8 Contact Center and 8x8 Elevate Partner Program

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces it has won two 2024 ChannelVision Visionary Spotlight Awards for 8x8 Contact Center and 8x8 Elevate.

5 months ago - Business Wire

8x8, Inc. Appoints Andrew Burton to Board of Directors

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announced that Andrew Burton has been appointed to the company's board of directors.

5 months ago - Business Wire

8x8 Launches AI-Powered Solution for Councils to Help Increase Electoral Engagement and Reduce Local Authorities' Election Workloads

LONDON--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces 8x8 Ballot It!, an AI-powered self-service solution to increase electoral engagement and boost voter turnout.

6 months ago - Business Wire