Date | Price Target | Rating | Analyst |
---|---|---|---|
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 |
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8-K - 8X8 INC /DE/ (0001023731) (Filer)
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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
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
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:
Enables Contact Center Agents to Improve First Contact Resolution, Enhance Customer Experiences, and Reduce Support Costs By Using Embedded Video Escalation Capabilities 8x8, Inc. (NASDAQ:EGHT), a leading business communications, CX and CPaaS platform provider, today announced expanded availability of Video Elevation capabilities for 8x8 Contact Center. The new digital engagement capabilities enable contact center agents to visually diagnose and resolve issues, such as property damage or the assembly of a recently purchased product, reducing the need for onsite technical assistance and improving the overall customer experience. Since introducing Video Elevation, video interactions initiate
Awards for Technology Team of the Year and Customer Service Team of the Year Demonstrate 8x8's Continued Excellence in Professional Services 8x8, Inc. (NASDAQ:EGHT), a leading business communications, CX and CPaaS platform provider, today announced its Professional Services organization was named the winner of a Silver Stevie® Award in the Technology Team of the Year category and a Bronze Stevie® Award in the Customer Service Team of the Year category in the 21st Annual International Business Awards®. The International Business Awards are the world's premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and sm
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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
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