8x8, Inc. (EGHT)

NASDAQ: EGHT · IEX Real-Time Price · USD
2.270
+0.050 (2.25%)
At close: Jul 2, 2024, 4:00 PM
2.170
-0.100 (-4.41%)
After-hours: Jul 2, 2024, 5:57 PM EDT
2.25%
Market Cap 284.60M
Revenue (ttm) 728.71M
Net Income (ttm) -67.59M
Shares Out 125.38M
EPS (ttm) -0.56
PE Ratio n/a
Forward PE 5.24
Dividend n/a
Ex-Dividend Date n/a
Volume 623,098
Open 2.240
Previous Close 2.220
Day's Range 2.190 - 2.290
52-Week Range 1.850 - 4.880
Beta 1.57
Analysts Buy
Price Target 3.11 (+37.0%)
Earnings Date Aug 6, 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 $3.11, which is an increase of 37.00% from the latest price.

Price Target
$3.11
(37.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

7 days 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.

14 days 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.

4 weeks ago - Business Wire

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...

7 weeks 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.

7 weeks 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.

7 weeks 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

3 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.

4 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.

4 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.

4 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...

4 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...

5 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...

5 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.

5 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.

5 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.

5 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.

5 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.

5 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.

6 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.

7 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.

7 months ago - Business Wire