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

BTIG Research downgraded 8x8 from Buy to Neutral

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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:

Service Revenue of $178 million and Total Revenue of $185 million. Cash flow from operations increased 26% year-over-year to $17.5 million. Continued momentum in AI-powered solutions, including more than 50% quarter-over-quarter growth in self-service conversations through 8x8 Intelligent Customer Assistant. 8x8, Inc. (NASDAQ:EGHT), a leading integrated cloud contact center and unified communications platform provider, today reported financial results for the second quarter of fiscal 2024 ended September 30, 2023. Second Quarter Fiscal 2024 Financial Results: Total revenue of $185.0 million, compared to $187.4 million in the second quarter of fiscal 2023. Service revenue o

8x8, Inc. (NASDAQ:EGHT), a leading integrated cloud contact center and unified communications platform provider, today announced it will release financial results for the second fiscal quarter ended September 30, 2023 following the close of market on Wednesday, November 1, 2023. 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 1, 2023 Time:     2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Dial In: Webcast:     Register to participate in the live call Ac

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

8x8, Inc. (NASDAQ:EGHT), a leading integrated cloud communications platform provider, today announced the appointment of Samuel Wilson as the company's Chief Executive Officer and a member of the Company's Board of Directors, effective May 26, 2023. Wilson has served as interim CEO since November 2022, while the Board conducted an extensive search. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230531005381/en/8x8 Appoints Samuel Wilson as CEO (Photo: Business Wire) "Sam's performance during his tenure as interim CEO has been outstanding and made him the clear choice for CEO," said Jaswinder Pal Singh, Chairman of the Board at 8

Day will serve as Co-CEO alongside Co-founder and CEO Nick Gayeski BOSTON, April 27, 2023 /PRNewswire-PRWeb/ -- Clockworks Analytics, a leading provider of building analytics software, today announced the appointment of Brian Day to Co-CEO. Brian will serve alongside current CEO and Co-Founder Nick Gayeski. Brian has over 25 years of experience successfully leading high-growth technology companies. He was CEO of Fuze which he grew to $125+ million in annual revenue before engineering the successful sale of the business in 2022. Prior to that, Day was with Apperian, a mobile application management company where he served first as CFO and then as President and CEO through its sale in 2016. Wit

Shares of The Charles Schwab Corporation (NYSE:SCHW) fell sharply during Tuesday's session following second-quarter results. Charles Schwab said adjusted net income declined 2% Y/Y to $1.465 billion. Adjusted EPS fell 3% Y/Y to 73 cents, beating the consensus of 72 cents, according to data from Benzinga Pro. Charles Schwab shares dipped 7.5% to $69.42 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Yoshitsu Co., Ltd (NASDAQ:TKLF) jumped 109% to $0.6437 after the company reported a year-over-year increase in FY24 financial results. Silo Pharma, Inc. (NASDAQ:SILO) shares climbed 95.4% to $2.12 after the company obtained an exclusive global l

U.S. stocks were mostly higher, with the Dow Jones index gaining around 550 points on Tuesday. Shares of UnitedHealth Group Incorporated (NYSE:UNH) rose sharply during Tuesday's session following a second-quarter earnings beat. The company reported adjusted EPS of $6.80, up from $6.14 a year ago, beating the consensus of $6.66, according to data from Benzinga Pro. UnitedHealth’s revenues increased nearly $6 billion (+6.4% Y/Y) to $98.86 billion, beating the consensus of $98.34 billion, led by expansion in people served domestically at Optum and UnitedHealthcare. UnitedHealth Group shares gained 5.7% to $544.96 on Tuesday. Here are some other big stocks recording gains in today’s

Gainers Kopin (NASDAQ:KOPN) shares increased by 5.4% to $0.97 during Thursday's regular session. The company's market cap stands at $111.7 million. Minim (NASDAQ:MINM) stock moved upwards by 4.93% to $3.4. The market value of their outstanding shares is at $9.5 million. Upland Software (NASDAQ:UPLD) stock increased by 4.88% to $2.79. The company's market cap stands at $76.9 million. Inseego (NASDAQ:INSG) shares increased by 4.79% to $12.25. The company's market cap stands at $145.5 million. Sobr Safe (NASDAQ:SOBR) shares moved upwards by 4.64% to $0.15. The market value of their outstanding shares is at $4.4 million. American Software (NASDAQ:AMSWA) shares rose 4.4% to $9.48. The compa

Ratings for 8x8 (NASDAQ:EGHT) were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 1 2 0 Last 30D 0 0 0 1 0 1M Ago 0 0 0 1 0 2M Ago 2 0 0 0 0 3M Ago 0 0 1 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $2.7, along with a high estimate of $3.50 and a low estimate of $1.50. Experiencing a 21.97% decline, the current average is

Wells Fargo analyst Michael Turrin maintains 8x8 (NASDAQ:EGHT) with a Underweight and lowers the price target from $2 to $1.5.

Gainers FOXO Technologies (AMEX:FOXO) stock moved upwards by 30.7% to $0.31 during Friday's regular session. The market value of their outstanding shares is at $3.3 million. Quantum (NASDAQ:QMCO) stock increased by 15.31% to $0.61. The company's market cap stands at $58.4 million. Adobe (NASDAQ:ADBE) shares increased by 14.71% to $526.25. The market value of their outstanding shares is at $235.7 billion. As per the news, the Q2 earnings report came out yesterday. iLearningEngines (NASDAQ:AILE) shares moved upwards by 10.78% to $7.75. The market value of their outstanding shares is at $1.0 billion. Applied Digital (NASDAQ:APLD) shares rose 10.41% to $4.83. The market value of their outst

Morgan Stanley analyst Meta Marshall downgrades 8x8 (NASDAQ:EGHT) from Equal-Weight to Underweight and lowers the price target from $3 to $2.

Gainers FOXO Technologies (AMEX:FOXO) stock rose 50.7% to $0.36 during Friday's pre-market session. The market value of their outstanding shares is at $3.8 million. ClearOne (NASDAQ:CLRO) stock moved upwards by 15.25% to $1.02. The company's market cap stands at $24.4 million. Adobe (NASDAQ:ADBE) stock rose 14.29% to $524.3. The market value of their outstanding shares is at $234.8 billion. As per the press release, Q2 earnings came out yesterday. Digital Turbine (NASDAQ:APPS) stock moved upwards by 13.59% to $1.75. The company's market cap stands at $179.3 million. Gryphon Digital Mining (NASDAQ:GRYP) shares moved upwards by 8.0% to $1.35. The market value of their outstanding shares i

Gainers Smartsheet (NYSE:SMAR) stock moved upwards by 12.8% to $42.63 during Thursday's pre-market session. The company's market cap stands at $5.8 billion. As per the press release, Q1 earnings came out yesterday. SecureWorks (NASDAQ:SCWX) shares moved upwards by 11.11% to $6.5. The company's market cap stands at $574.3 million. As per the news, the Q1 earnings report came out today. Oblong (NASDAQ:OBLG) shares rose 10.56% to $0.31. The market value of their outstanding shares is at $6.2 million. 8x8 (NASDAQ:EGHT) stock rose 10.38% to $2.88. The market value of their outstanding shares is at $361.2 million. Castellum (AMEX:CTM) shares increased by 8.38% to $0.21. The company's market c

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