8x8, Inc. (EGHT)
| Market Cap | 453.32M |
| Revenue (ttm) | 740.78M |
| Net Income (ttm) | -109.29M |
| Shares Out | 113.05M |
| EPS (ttm) | -0.94 |
| PE Ratio | n/a |
| Forward PE | 14.25 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 414,309 |
| Open | 4.00 |
| Previous Close | 3.92 |
| Day's Range | 3.97 - 4.10 |
| 52-Week Range | 2.87 - 13.48 |
| Beta | 1.31 |
| Analysts | Buy |
| Price Target | 5.94 (+47.95%) |
| Earnings Date | May 8, 2023 |
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. The company offers unified communications, team collaboration, video conferencing, contact center, data and analytics, communication APIs, and other services. It provides 8x8 Work, a self-contained end-to-end united communications solution that delivers enterprise voice with... [Read more]
Financial Performance
In 2022, 8x8, Inc.'s revenue was $638.13 million, an increase of 19.87% compared to the previous year's $532.34 million. Losses were -$175.38 million, 5.92% more than in 2021.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for EGHT stock is "Buy." The 12-month stock price forecast is $5.94, which is an increase of 47.95% from the latest price.
News
8x8 Named Computing's DevOps Excellence Awards 2023 Winner for Best Automation Project
LONDON--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces it has been named Computing's DevOps Excellence Awards 2023 winner for Best Automation Project.
8x8 Introduces Innovative AI-Driven Platform Enhancements to Transform Customer Engagement
CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc.
8x8 Named as a Strong Performer in 2023 Gartner® Peer Insights™ “Voice of the Customer for Contact Center as a Service” Report
CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc.
8x8, Inc. Announces Upcoming Investor Events
CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) today announced investor events for the fourth fiscal quarter.
How Much Upside is Left in 8x8 (EGHT)? Wall Street Analysts Think 25.45%
The mean of analysts' price targets for 8x8 (EGHT) points to a 25.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in ...
8x8 (EGHT) Shows Fast-paced Momentum But Is Still a Bargain Stock
8x8 (EGHT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made i...
8x8 Global Channel Chief is Recognized for Exceptional Leadership and Industry Influence
CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announced that its Global Channel Chief is a Channel Futures Channel Influencer and a CRN Channel Chief of the Year.
8x8 (EGHT) Now Trades Above Golden Cross: Time to Buy?
Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?
The Takeaways From the Latest Hedge Fund 13F Disclosures
Bloomberg's Sonali Basak reports on the takeaways from this quarter's 13F disclosures by hedge funds. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles an...
University of Worcester Streamlines Clearing Process with 8x8 XCaaS
With over 10,000 students, the University of Worcester takes on thousands of calls every year during the Clearing period.
Can 8x8 (EGHT) Run Higher on Rising Earnings Estimates?
8x8 (EGHT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Here Is Why Bargain Hunters Would Love Fast-paced Mover 8x8 (EGHT)
8x8 (EGHT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at...
8x8 (EGHT) Beats Q3 Earnings Estimates
8x8 (EGHT) delivered earnings and revenue surprises of 133.33% and 1.49%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
8x8, Inc. Reports Third Quarter Fiscal 2023 Financial Results
CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud communications platform provider, today reported financial results for the third quarter of fiscal 2023 ended ...
8x8 (EGHT) Reports Next Week: Wall Street Expects Earnings Growth
8x8 (EGHT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
8X8 to lay off more than 150 employees by the end of June
Shares of 8X8 Inc. EGHT, -0.43% rose 3.3% in premarket trading Wednesday after the business communications services company said it will cut its global workforce by about 7%, as part of a restructurin...
8x8 Launches 8x8 Customer Labs Open Beta Program
CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud communications platform provider, today announced the launch of its 8x8 Customer Labs open beta program. Desig...
8x8, Inc. to Report Fiscal Third Quarter 2023 Financial Results on February 1, 2023
CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud communications platform provider, today announced that it will release financial results for the third quarter...
FTC's proposed ban on noncompete agreements could have biggest impact on tech industry
Ryan Morrissey is a serial founder of software companies, having already launched three separate startups. Yet when he sold one of those companies, he had to sign an agreement to not start any more fo...
Why 8x8 (EGHT) is Poised to Beat Earnings Estimates Again
8x8 (EGHT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Looking for a Fast-paced Momentum Stock at a Bargain? Consider 8x8 (EGHT)
8x8 (EGHT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at...
8x8 Named a Leader in the 2022 Gartner® Magic Quadrant™ for Unified Communications as a Service, Worldwide
CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud communications platform, today announced it has been named a Leader in the 2022 Gartner Magic Quadrant for Uni...
8X8 terminates CEO Sipes as stock has plunged about 85% during his tenure
Business communications software company 8X8 Inc. EGHT, +1.96% disclosed Wednesday that it has "terminated its employment relationship" with Chief Executive David Sipes, after about two years under hi...
8x8 Announces Executive Leadership Changes
CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading provider of a cloud communications platform that integrates unified communications and contact center software, today announced...
8x8 Conversation IQ Named a Winner for CRN's 2022 Tech Innovator Award
CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud communications platform, today announced growing industry recognition for 8x8 Conversation IQ, with CRN ® , a ...