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 offers unified communications, team collaboration, video conferencing, contact center, data and analytics, communication APIs, and other services. The company 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; 8x8 Contact Center, a multi-channel cloud-based contact center solution; and 8x8 Meet, a cloud-based video conferencing and collaboration solution that enables secure and continuous collaboration with borderless high definition video and audio communications from mobile and desktop devices. It also offers 8x8 Team Messaging, an integrated open team messaging platform, which facilitate modern modes of communication with support for direct messages, public and private team messaging rooms, short messaging service, presence, emojis, and Â@ mentions'; 8x8 CPaaS, a set of global communications Platform-as-a-Service; and X1 through X4 and X5 through X8, which provide enterprise-grade voice, unified communications, and video meetings and team collaboration, and contact centre solutions. The company markets its services to end users through search engine marketing and optimization, third-party lead generation sources, industry conferences, trade shows, Webinars, and digital advertising channels, as well as direct sales organization. 8x8, Inc. was incorporated in 1987 and is headquartered in Campbell, California.
IPO Year:
Exchange: NYSE
Website: 8x8.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/13/2024 | $2.75 → $2.50 | Neutral → Underperform | Mizuho |
| 6/14/2024 | $3.00 → $2.00 | Equal-Weight → Underweight | Morgan Stanley |
| 11/2/2023 | $4.50 | Hold → Buy | Craig Hallum |
| 8/9/2023 | $7.00 → $4.00 | Buy → Hold | Craig Hallum |
| 3/24/2023 | $6.00 | Buy | Rosenblatt |
| 12/15/2022 | $7.00 | Neutral | Wedbush |
| 8/8/2022 | Neutral → Buy | BofA Securities | |
| 8/5/2022 | Hold → Buy | Craig Hallum | |
| 8/5/2022 | Outperform → Perform | Oppenheimer | |
| 8/4/2022 | $5.50 | Neutral | MKM Partners |
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Service revenue of $173 million and total revenue of $179 million Delivered 16th consecutive quarter of positive cash flow from operations Continued strong growth in new products 8x8, Inc. (NASDAQ:EGHT), the industry's most integrated Platform for CX that combines Contact Center, Unified Communication, and CPaaS APIs, today reported financial results for the third quarter of fiscal year 2025 ended December 31, 2024. "Our third quarter results highlight further progress and continued momentum in our transformation journey. We delivered solid financial performance, with record cash flow from operations and strong adoption of our AI-powered customer experience solutions, driving a
8x8, Inc. (NASDAQ:EGHT), the industry's most integrated Platform for CX that combines Contact Center, Unified Communication, and CPaaS APIs, today announced it will release financial results for the third fiscal quarter ended December 31, 2024 following the close of market on Tuesday, February 4, 2025. The company will host a conference call on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results. The conference call will last approximately 60 minutes. Date: February 4, 2025 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Dial In: Register to participate in the live
Delivered service revenue of $175 million and total revenue of $181 million Sales of new products increased more than 60% year-over-year, led by AI-based solutions Achieved GAAP and non-GAAP operating profitability Reported 15th consecutive quarter of positive cash flow from operations 8x8, Inc. (NASDAQ:EGHT), a leading business communications, CX, and Communications Platform as a Service provider, today reported financial results for the second quarter of fiscal year 2025 ended September 30, 2024. Second Quarter Fiscal Year 2025 Financial Results: Total revenue of $181.0 million, compared to $185.0 million in the second quarter of fiscal 2024. Service revenue of $175.1 millio
8x8, Inc. (NASDAQ:EGHT), a leading business communications, CX, and CPaaS platform provider, today announced it will release financial results for the second fiscal quarter ended September 30, 2024 following the close of market on Monday, November 4, 2024. The company will host a conference call on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results. The conference call will last approximately 60 minutes. Date: November 4, 2024 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Dial In: Register to participate in the live call. Upon registering, you will receive dial-in numbers and a unique PIN to join
Service revenue of $173 million and total revenue of $178 million Platform enhancements delivering new AI-based capabilities and solutions to customers Existing term loan repaid on August 5, 2024 with proceeds of new bank loan and cash on-hand 8x8, Inc. (NASDAQ:EGHT), a leading integrated cloud contact center and unified communications platform provider, today reported financial results for the first quarter of fiscal year 2025 ended June 30, 2024. First Quarter Fiscal Year 2025 Financial Results: Total revenue of $178.1 million, compared to $183.3 million in the first quarter of fiscal 2024. Service revenue of $172.8 million, compared to $175.2 million in the first quarte
8x8, Inc. (NASDAQ:EGHT), a leading integrated cloud contact center and unified communications platform provider, today announced it will release financial results for the first quarter ended June 30, 2024 following the close of market on Wednesday, August 7, 2024. The company will host a conference call on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results. The conference call will last approximately 60 minutes. Date: August 7, 2024 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Dial In: Register to receive dial-in numbers for the live call
Fourth Quarter revenue of $179 million; Fiscal Year 2024 revenue of $729 million 2024 Cash flow from operations increased 62% year-over-year to $79 million Year-end cash, cash equivalents, restricted cash and investments of $118 million 8x8, Inc. (NASDAQ:EGHT), a leading integrated cloud contact center and unified communications platform provider, today reported financial results for the fourth quarter and fiscal year 2024 ended March 31, 2024. Fiscal Year 2024 Financial Results: Total revenue decreased 2% to $728.7 million, compared to $743.9 million in fiscal 2023. Service revenue decreased 1% to $700.6 million, compared to $710.0 million in fiscal 2023. GAAP operatin
8x8, Inc. (NASDAQ:EGHT), a leading integrated cloud contact center and unified communications platform provider, today announced it will release financial results for the fourth quarter and fiscal year following the close of market on Wednesday, May 8, 2024. The company will host a conference call on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results. The conference call will last approximately 60 minutes. Date: May 8, 2024 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Dial In: Register to participate in the live call Webcast: Access the live webc
Service Revenue of $175 million and Total Revenue of $181 million Cash flow from operations increased 45% year-over-year to $22.4 million Ending cash, cash equivalents, restricted cash and investments of $170 million Continued momentum from new products, including AI-based Intelligent Customer Assistant 8x8, Inc. (NASDAQ:EGHT), a leading integrated cloud contact center and unified communications platform provider, today reported financial results for the third quarter of fiscal 2024 ended December 31, 2023. Third Quarter Fiscal 2024 Financial Results: Total revenue of $181.0 million, compared to $184.4 million in the third quarter of fiscal 2023. Service revenue of $175
8x8, Inc. (NASDAQ:EGHT), a leading integrated cloud contact center and unified communications platform provider, today announced it will release financial results for the third fiscal quarter ended December 31, 2023 following the close of market on Wednesday, January 31, 2024. The company will host a conference call on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results. The conference call will last approximately 60 minutes. Date: January 31, 2024 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Dial In: Register to participate in the live call Webcast:
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8x8, Inc. (NASDAQ:EGHT), the industry's most integrated Platform for CX that combines Contact Center, Unified Communication, and CPaaS APIs, today announces participation in the following events for the fourth fiscal quarter of 2025. Morgan Stanley Technology, Media and Telecom Conference San Francisco, CA Presentation: Wednesday, March 5, 2025, 3:20 pm Pacific Time/6:20 pm Eastern Time The presentation will be webcast. A link to the live and archived webcast will be available from the investor relations section of the company's website at https://www.investors.8x8.com/news-events/events-presentations. The archived webcast will be available within 24 hours after the conclusion of the li
The combined solution Integrates EHR Compliant Patient Assist Technology with 8x8 Contact Center to Deliver Compliant and Personalized Patient Engagement 8x8, Inc. (NASDAQ:EGHT), the industry's most integrated Platform for CX that combines Contact Center, Unified Communication, and CPaaS APIs, today announced a partnership with SpinSci Technologies to deliver a patient care solution that integrates 8x8 Contact Center with leading Electronic Health Record (EHR) systems such as EPIC, Oracle Cerner, AthenaHealth, and Meditech. The partnership enables improved patient engagement, streamlined healthcare workflows, and secure, compliant data management. SpinSci's Patient Assist Technology pro
Joins 8x8 Technology Partner Ecosystem as the Preferred Partner for Compliance Call Recording Across 8x8's Contact Center, Unified Communications, CPaaS APIs, and 8x8 for Microsoft Teams 8x8, Inc. (NASDAQ:EGHT), the industry's most integrated Platform for CX that combines Contact Center, Unified Communication, and CPaaS APIs, today announced a strategic partnership with CallCabinet, a leading provider of compliance call recording solutions. As part of the 8x8 Technology Partner Ecosystem, the collaboration integrates CallCabinet's compliance call recording with the 8x8 Platform for CX, enabling organizations to ensure regulatory compliance and enhance security. In addition to a direct int
Company Issues New Employee Inducement Grants for Key New Hires 8x8, Inc. (NASDAQ:EGHT), the industry's most integrated Platform for CX that combines Contact Center, Unified Communication, and CPaaS APIs, today announced several new key management appointments to help accelerate the next phase of the company's CX transformation. In addition to the executive officer appointment of Joel Neeb as Chief Transformation and Business Operations Officer, the company recently appointed Darren Remblence as Vice President, Chief Information Security Officer, and Joe McStravick as Vice President of EMEA Sales. Remblence has more than 25 years of international experience in Cyber and Information Securi
Post-sale Solution for Retailers Combines Multiple 8x8 Platform Capabilities to Minimize Returns and Increase Customer Satisfaction 8x8, Inc. (NASDAQ:EGHT), the industry's most integrated Platform for CX that combines Contact Center, Unified Communication, and CPaaS APIs, today announced the 8x8 Aftersale Assist™ solution enabling retailers to reduce returns, improve customer experiences, and drive revenue growth. Combining 8x8 Platform for CX components from 8x8 Contact Center, 8x8 CPaaS, and 8x8 Work, the new solution is specifically tailored to address the specific needs of retailers by cutting down on operational costs, deflecting unnecessary returns, and building and enhancing cust
8x8 Platform for CX AI-based Products Increased 84% Year-Over-Year As Organizations Turn to AI Solutions to Unlock Continuous Business Improvements and Accelerate Resolutions 8x8, Inc. (NASDAQ:EGHT), the industry's most integrated Platform for CX that combines Contact Center, Unified Communication, and CPaaS APIs, today announced strong customer adoption and usage of the AI-powered 8x8 Platform for CX is helping to drive the next phase of the company's CX transformation. AI-based customer experience solutions, led by organizations increasingly adopting 8x8 Intelligent Customer Assistant to provide customer self-service, grew 84% year-over-year as of the third quarter of fiscal year 2025 e
Service revenue of $173 million and total revenue of $179 million Delivered 16th consecutive quarter of positive cash flow from operations Continued strong growth in new products 8x8, Inc. (NASDAQ:EGHT), the industry's most integrated Platform for CX that combines Contact Center, Unified Communication, and CPaaS APIs, today reported financial results for the third quarter of fiscal year 2025 ended December 31, 2024. "Our third quarter results highlight further progress and continued momentum in our transformation journey. We delivered solid financial performance, with record cash flow from operations and strong adoption of our AI-powered customer experience solutions, driving a
Latest Enhancements to the 8x8 Platform for CX Enable Organizations to Maximize Operational Efficiencies, Mitigate Risk, Modernize Systems to Stay Ahead, and Elevate CX 8x8, Inc. (NASDAQ:EGHT), the industry's most integrated Platform for CX that combines Contact Center, Unified Communication, and CPaaS APIs, today announced recent enhancements to the 8x8 Platform for CX. The latest updates, including expanded 8x8 Secure Pay capabilities, AI-powered 8x8 Intelligent Customer Assistant innovations, and new customer engagement and employee collaboration enhancements, boost employee productivity and efficiency, while empowering organizations to engage with customers across their preferred chan
8x8, Inc. (NASDAQ:EGHT), the industry's most integrated Platform for CX that combines Contact Center, Unified Communication, and CPaaS APIs, today announced it will release financial results for the third fiscal quarter ended December 31, 2024 following the close of market on Tuesday, February 4, 2025. The company will host a conference call on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results. The conference call will last approximately 60 minutes. Date: February 4, 2025 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Dial In: Register to participate in the live
8x8 Ranked as 728 Among 1000 US Companies; Recognized for exceeding best practices in financial responsibility, stakeholder ratings, and social responsibility ratings 8x8, Inc. (NASDAQ:EGHT), the industry's most integrated Platform for CX that combines Contact Center, Unified Communication, and CPaaS APIs, today announced the Company was ranked 728 in Newsweek's 2nd annual rankings for the Excellence 1000 Index. The 2025 Excellence 1000 Index is the result of a collaboration between Newsweek and the Best Practice Institute (BPI), a leadership development and benchmark research company. The Excellence 1000 Index is a list of the top 1000 companies that have demonstrated best practices in
Company Issues New Employee Inducement Grants for Key New Hires 8x8, Inc. (NASDAQ:EGHT), the industry's most integrated Platform for CX that combines Contact Center, Unified Communication, and CPaaS APIs, today announced several new key management appointments to help accelerate the next phase of the company's CX transformation. In addition to the executive officer appointment of Joel Neeb as Chief Transformation and Business Operations Officer, the company recently appointed Darren Remblence as Vice President, Chief Information Security Officer, and Joe McStravick as Vice President of EMEA Sales. Remblence has more than 25 years of international experience in Cyber and Information Securi
8x8, Inc. (NASDAQ:EGHT), the industry's most integrated Platform for CX that combines Contact Center, Unified Communication, and CPaaS APIs, today announced the appointment of Joel Neeb as Chief Transformation and Business Operations Officer. Reporting directly to CEO Samuel Wilson, Neeb will be responsible for aligning 8x8's next phase of CX transformation and strategic initiatives with operational outcomes, driving organizational excellence, and fostering a culture of accountability and innovation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250108813425/en/8x8 Appoints Joel Neeb at Chief Transformation and Business Operati
8x8, Inc. (NASDAQ:EGHT), a leading business communications, CX, and Communications Platform as a Service provider, today announced the appointment of John Pagliuca, President and Chief Executive Officer at N-able (NYSE:NABL), to the Company's Board of Directors, effective November 18, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241118269657/en/EGHT) announced that John Pagliuca has been appointed to the company's board of directors. (Photo: Business Wire)">8x8, Inc. (NASDAQ:EGHT) announced that John Pagliuca has been appointed to the company's board of directors. (Photo: Business Wire) Pagliuca has over 20 years of lead
BOSTON, Sept. 17, 2024 (GLOBE NEWSWIRE) -- QuEra Computing, the leader in neutral-atom quantum computing, today announced the appointment of Ed Durkin as Chief Financial Officer. Ed brings extensive experience in leading dynamic technology companies through high-growth phases and achieving significant financial milestones and will play an integral role at QuEra as it continues driving growth and innovation in the quantum industry. Ed joins QuEra from Casa Systems, where he served as CFO and was responsible for all financial, investor relations and corporate development functions for this public company. He also served as CFO at Fuze, a unified communications company acquired by 8x8 (NYSE:
8x8, Inc. (NASDAQ:EGHT), a leading integrated cloud contact center and unified communications platform provider, today announced the appointment of Andrew Burton, President and Chief Operating Officer at Rapid7 (NASDAQ:RPD), as a new independent director, effective June 17, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240618184810/en/EGHT) announced that Andrew Burton has been appointed to the company's board of directors. (Photo: Business Wire)">8x8, Inc. (NASDAQ:EGHT) announced that Andrew Burton has been appointed to the company's board of directors. (Photo: Business Wire) Burton is an accomplished Software-as-a-Servi
Virtual event leader onboards former Cisco (NASDAQ:CSCO), 8x8 (NASDAQ:EGHT) President, and Polycom (NASDAQ:POLY) executive to lead premium webcasting solution into the next phase of world-class virtual event services GlobalMeet, the fastest-growing, unrivaled leader in virtual event technology used by 5 out of 10 of the largest US banks, all Big Four Consulting Firms, and 50% of Fortune 500 pharmaceutical and biotech companies, today announces the appointment of visionary leader Kim Niederman as CEO. GlobalMeet enables live and fully interactive events to audiences as large as 100,000+ people. Niederman has a formidable track record in steering tech companies to record success and will dr
New 8x8 SellWith8™ Tier Offers Exclusive, Highly Curated Experiences and Resources for Partners 8x8, Inc. (NASDAQ:EGHT), a leading integrated cloud communications platform provider, today announced SellWith8™, an exclusive tier within the 8x8 Technology Partner Ecosystem, allowing technology partners to solve compelling business use cases for customers. The 8x8 Technology Partner Ecosystem program allows customer-first organizations to enhance customer experiences by deeply embedding cutting-edge technologies, including leading artificial intelligence capabilities, into the 8x8 platform with persistent data to enhance business intelligence, insights, and analytics. This new SellWith8 ti
8x8, Inc. (NASDAQ:EGHT), a leading integrated cloud contact center and unified communications platform provider, today announced the appointment of contact center and growth marketing leader Bruno Bertini as Chief Marketing Officer (CMO). Reporting directly to CEO Samuel Wilson, Bertini will be responsible for developing and driving the company's comprehensive global marketing strategy to raise market awareness and accelerate demand and growth opportunities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230918409419/en/8x8 Appoints Bruno Bertini as CMO (Photo: Business Wire) Bertini is a recognized technology marketing executiv
8x8, Inc. (NASDAQ:EGHT), a global leader in unified communications and contact center solutions, today announced the appointment of Lisa Martin as Chief Revenue Officer (CRO). Reporting directly to CEO Samuel Wilson, she will be responsible for driving and maximizing revenue growth, overseeing sales strategies, and managing the global sales organization. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230620939537/en/8x8 Appoints Lisa Martin as CRO (Photo: Business Wire) Martin is a recognized sales executive with over 15 years in the contact center and communications sector, and has successfully led teams in achieving double-dig
8x8, Inc. (NASDAQ:EGHT), a global leader in unified communications and contact center solutions, today announced the appointment of Kevin Kraus as Chief Financial Officer (CFO). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230606005390/en/8x8 Appoints Kevin Kraus as Chief Financial Officer (Photo: Business Wire) Kraus has served as 8x8's interim CFO since November 2022. Prior to that, he served as the company's Senior Vice President of Finance with responsibility for financial planning and analysis and procurement functions. He brings a wealth of financial expertise and a strong track record in strategic growth to the role, de
Mizuho downgraded 8x8 from Neutral to Underperform and set a new price target of $2.50 from $2.75 previously
Morgan Stanley downgraded 8x8 from Equal-Weight to Underweight and set a new price target of $2.00 from $3.00 previously
Craig Hallum upgraded 8x8 from Hold to Buy and set a new price target of $4.50
Craig Hallum downgraded 8x8 from Buy to Hold and set a new price target of $4.00 from $7.00 previously
Rosenblatt initiated coverage of 8x8 with a rating of Buy and set a new price target of $6.00
Wedbush initiated coverage of 8x8 with a rating of Neutral and set a new price target of $7.00
BofA Securities upgraded 8x8 from Neutral to Buy
Craig Hallum upgraded 8x8 from Hold to Buy
Oppenheimer downgraded 8x8 from Outperform to Perform
MKM Partners initiated coverage of 8x8 with a rating of Neutral and set a new price target of $5.50
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