8x8, Inc. (EGHT)

NASDAQ: EGHT · Real-Time Price · USD
1.885
-0.095 (-4.80%)
Oct 8, 2024, 3:29 PM EDT - Market open
-4.80%
Market Cap 241.90M
Revenue (ttm) 723.57M
Net Income (ttm) -62.56M
Shares Out 128.33M
EPS (ttm) -0.51
PE Ratio n/a
Forward PE 5.38
Dividend n/a
Ex-Dividend Date n/a
Volume 573,840
Open 2.020
Previous Close 1.980
Day's Range 1.840 - 2.020
52-Week Range 1.510 - 3.920
Beta 1.56
Analysts Buy
Price Target 2.83 (+50.13%)
Earnings Date Oct 30, 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 6 analysts, the average rating for EGHT stock is "Buy." The 12-month stock price forecast is $2.83, which is an increase of 50.13% from the latest price.

Price Target
$2.83
(50.13% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

26 days 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...

4 weeks 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.

6 weeks 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.

6 weeks 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
7 weeks 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.

7 weeks 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...

2 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.

2 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.

2 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.

2 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.

3 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.

3 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...

3 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.

3 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.

3 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.

4 months 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...

5 months 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.

5 months ago - Business Wire

8x8, Inc. (EGHT) Q4 2024 Earnings Call Transcript

8x8, Inc. (NASDAQ:EGHT) Q4 2024 Results Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Kate Patterson - Vice President, Investor Relations Samuel Wilson - Chief Executive Office...

5 months ago - Seeking Alpha

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.

5 months 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.

5 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.

5 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.

6 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.

6 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.

7 months ago - Business Wire