We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

   Technology Stocks8x8 (EGHT)

Previous 10 Next 10 
To: Savant who wrote (1910)12/5/2016 8:30:00 PM
From: Savant
   of 1926
So...8x8 up 8.8% today...presentation on 8th...of course...coincidence? lol

Share RecommendKeepReplyMark as Last Read

From: Sr K1/19/2017 4:43:45 PM
   of 1926
After 3 pm EGHT ran up to a 52-week high, HOD of 15.90, volume 806k, close 15.65.

Share RecommendKeepReplyMark as Last Read

From: Savant1/26/2017 10:57:40 AM
   of 1926
Yesterday, EGHT made new yr hi, has been giving some back, since.

CC on site available.

8x8, Inc. Reports Third Quarter Fiscal 2017 Financial Results

4:05 PM ET 1/25/17 | BusinessWire
--Mid-Market and Enterprise Service Revenue Increases 36%

--GAAP Net Loss of ($1.3 Million); Non-GAAP Net Income of $5.8 Million

--Cash from Operating Activities of $8.8 Million

8x8, Inc. (NASDAQ:EGHT), the leading provider of Enterprise Communications as a Service (ECaaS), today reported financial results for the third quarter of fiscal 2017 ended December 31, 2016.

Third Quarter Fiscal 2017 Financial Results:

-- Service revenue grew 23% year-over-year to $60.1 million; total revenue grew 20% year-over-year to $63.7 million.

-- GAAP gross margin was 77%, compared with 72% in the same period last year; non-GAAP gross margin was 79%, compared with 75% in the same period last year.

-- GAAP service margin was 83%, compared with 80% in the same period last year; non-GAAP service margin was 84%, compared with 83% in the same period last year.

-- GAAP net loss was ($1.3 million), or ($0.01) per diluted share; non-GAAP net income was $5.8 million, or $0.06 per diluted share.

-- Cash generated from operating activities was $8.8 million, compared with $8.3 million in the same period last year.

-- Cash, cash equivalents and investments were $173 million at December 31, 2016, compared with $155 million at December 31, 2015.

"Our financial results for the third quarter of fiscal 2017 were very strong with solid revenue growth and increasing gross and non-GAAP net income margins. Adjusting for constant currency and the discontinued segment of our UK business which we previously reported, service revenue increased 28% and total revenue increased 24%," said 8x8 CEO Vik Verma. "We are continuing to see enterprise customers transition their communications infrastructure to the cloud, evidenced this quarter by the addition of two new enterprise logos, including one Fortune 50 corporation."

"As we prepare for our next phase of growth, we are focused on enhancing our global systems and worldwide customer support organization to better serve the needs of our multinational customers," Verma continued. "We are also further expanding the breadth and capabilities of our platform with a new, recently completed technology acquisition in the collaboration space that will be unveiled in March at the Enterprise Connect Conference."

Additional Third Quarter and Year-to-Date Highlights:

-- Service revenue from mid-market and enterprise customers grew 36% year-over-year and represents 55% of the Company's total service revenue.

-- New monthly recurring revenue (MRR) sold to mid-market and enterprise customers and by channel sales teams accounted for 60% of total new MRR booked in the quarter.

-- Average monthly service revenue (ARPU) per business customer grew to $414, compared with $369 in the same year ago period; ARPU per mid-market and enterprise customer grew to $4,412, compared with $4,017 in the same year ago period.

-- Gross monthly revenue churn was 1.0%, compared with 1.2% in the same period last year.

-- New enterprise Master Service Agreement signed with a Fortune 50 health care corporation to provide services to up to 10,000 users in 450 medical offices.

-- New enterprise agreement signed with a national retail chain for over 10,000 seats across 3500 locations.

-- 2.0 Global Channel Program and new PartnerConnect Channel Portal launched.

-- New channel partners Telarus, LANtelligence and PERRY proTECH in North America, and Great Outcomes in NZ added.

-- Acquired a small, innovative technology company in the collaboration space, completed in early January.

-- Three new patents awarded related to technology innovations enabling seamless global enterprise communications and enhanced contact center user experience for a total of 128 awarded patents to date.

-- Virtual Office Pro acknowledged with PCMag Editors' Choice Award.

-- Virtual Contact Center acknowledged with TMC's Customer Experience Innovation Award.

8x8 maintained its annual guidance of revenue for fiscal 2017 in the range of $251.0 million to $254.0 million and raised non-GAAP net income guidance to a range of $18.0 to $20.0 million, representing non-GAAP net income as a percent of revenue of 7.0% to 8.0%, from previously issued non-GAAP net income guidance in the range of $16.0 million to $20.0 million.

Conference Call Information:

Management will host a conference call to discuss these results and other matters related to the Company's business today, January 25, 2017 at 4:30 pm ET. The call is accessible via the following numbers and webcast links:

Dial In:  (877) 843-0417, domestic            (408) 427-3791, international  Replay:   (855) 859-2056, domestic (Conference ID #46149120)            (404) 537-3406, international (Conference ID #46149120)  Webcast:    
Participants should plan to dial in or log on ten minutes prior to the start time. A telephonic replay of the call will be available three hours after the conclusion of the call until February 1, 2017. The webcast will be archived on 8x8's website for a period of one year. For additional information, visit

About 8x8, Inc.

8x8, Inc. (NASDAQ:EGHT) is the trusted provider of secure and reliable enterprise cloud communications solutions to more than 45,000 businesses operating in over 100 countries across six continents. 8x8's out-of-the-box cloud solutions replace traditional on-premises PBX hardware and software-based systems with a flexible and scalable Software as a Service (SaaS) alternative, encompassing cloud business phone service, contact center solutions, and conferencing. For additional information, visit, or connect with 8x8 on LinkedIn, Twitter, Google+ and Facebook.

Non-GAAP Measures

The Company has provided in this release financial information that has not been prepared in accordance with Generally Accepted Accounting Principles (GAAP). Management uses these non-GAAP financial measures internally in analyzing our financial results and believes they are useful to investors, as a supplement to GAAP measures, in evaluating the Company's ongoing operational performance. Management believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating 8x8's ongoing operating results and trends and in comparing financial results with other companies in the industry, many of which present similar non-GAAP financial measures to investors.

Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. Investors are encouraged to review the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures. This reconciliation has been provided in the financial statement tables included below in this press release.

Non-GAAP Net Income and Non-GAAP Net Income Per Share

We have defined non-GAAP net income as net income for GAAP plus non-cash tax adjustments, stock-based compensation, amortization of acquired intangible assets, impairment of long-lived assets, and acquisition-related costs. Non-cash tax adjustments represent the difference between the amount of taxes we expect to pay and our GAAP tax provision each period. We have excluded stock-based compensation expense because it relies on estimates and assumptions about future events, such as our future common stock price and the duration of employee service, as well as valuations that are affected by market factors largely outside management's control. Amortization of acquired intangible assets is excluded because it is a non-cash expense that we do not consider part of ongoing operations when assessing our financial performance, as it relates to accounting for certain purchased assets. We have excluded impairment of long-lived assets because we consider it to be an isolated transaction and believe it is not reflective of our ongoing operations, and it reduces comparability of periodic operating results when it is included. We have excluded acquisition-related expenses because these expenses are difficult to predict and are often one-time. We define non-GAAP net income per share as non-GAAP net income divided by the weighted-average diluted shares outstanding. We define non-GAAP net income percentage of revenue as non-GAAP net income divided by revenue. The GAAP and non-GAAP weighted average number of diluted shares to calculate GAAP and non-GAAP earnings per share are the same. We believe that such exclusions facilitate comparisons to our historical operating results and to the results of other companies in the same industry, and provides investors with information that we use in evaluating management's performance on a quarterly and annual basis.

Forward Looking Statements

Share RecommendKeepReplyMark as Last Read

From: Sr K2/24/2017 4:10:25 PM
   of 1926
at 3:40 PM EGHT popped
16.15 +1.45 (9.86%)

Exclusive: Business communications services provider 8x8 explores sale - sources

REUTERS 3:41 PM ET 2/24/17

(Reuters) - 8x8 Inc(EGHT) , a U.S. provider of internet-based voice and communication services to businesses, is exploring a potential sale of the company, people familiar with the matter said on Friday.

8X8 has been working with Morgan Stanley to field interest from other companies and private equity firms, the people said. There was no certainty that these talks will continue or that they will lead to a deal, the people added.

The sources asked not to be identified because the negotiations were confidential. 8x8 and Morgan Stanley did not immediately respond to requests for comment.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)

From: Savant7/30/2019 8:41:04 PM
1 Recommendation   of 1926
EGHT rev up, net loss miss, up in afmar $26..55

First Quarter Fiscal 2020 Financial Results:

Total revenue increased 16% year-over-year to $96.7 million. Service revenue increased 18% year-over-year to $92.4 million. GAAP net loss was $34.3 million or $(0.36) per diluted share. Non-GAAP net loss was $14.0 million or $(0.14) per diluted share. “We had a strong first quarter with combined mid-market and enterprise ARR growth of 39% year-over-year, channel bookings growth of 86%, and we exceeded the high-end of our guidance on all key financial metrics,” said Vik Verma, Chief Executive Officer at 8x8, Inc. “Additionally, with the recent acquisition of Wavecell, the leader in communication platform-as-a-service (CPaaS) in Southeast Asia, our combined vision now includes API services for messaging, data and analytics, video, voice and contact center capabilities. This will give our customers a full platform of communications capabilities and insights to build highly personalized interactions with their end customers, all tightly integrated into their apps, mobile apps and websites. No other cloud-based communications provider has one integrated technology platform with voice, chat, video, team messaging, and contact center capabilities. No other CPaaS provider has the ability to deliver this breadth of APIs. Our fully-owned technology platform uniquely positions 8x8 to disrupt the $60 billion total addressable market that’s rapidly moving to the cloud.”

Conference Call Information:

Management will host a conference call to discuss earnings results on July 30, 2019 at 2 p.m. Pacific Time (5 p.m. Eastern Time). The call is accessible via the following numbers and webcast link:

Dial In:

(844) 343-9040 Domestic or (647) 689-5131 International; Conference ID #8189139


(800) 585-8367 Domestic or (416) 621-4642 International; Conference ID #8189139


Participants should plan to dial in or log on ten minutes prior to the start time. A telephonic replay of the call will be available until August 20, 2019. The webcast will be archived on 8x8's website for a period of 30 days. For additional information, visit

Share RecommendKeepReplyMark as Last Read

To: Sr K who wrote (1914)7/30/2019 9:32:37 PM
From: Savant
   of 1926
SK, guess those sources were mis-guided... about that sale exploration...but, who knows, mebbe someday

Share RecommendKeepReplyMark as Last Read

From: Sr K7/31/2019 1:49:04 PM
   of 1926
After a B Riley downgrade early today, Oppenheimer does the opposite:

8x8's PT Raised to $29 from $25 at Oppenheimer on Expected Service Revenue Growth; Outperform Rating Reiterated

This appeared, and was gone before I went back to get the timestamp. It's gone now, but Oppenheimer is presenting soon.

And at 1:41 PM ET

Analyst Actions: Morgan Stanley Lifts 8x8 PT to $28 From $26; Maintains Overweight Rating

Share RecommendKeepReplyMark as Last Read

From: Savant10/30/2019 5:11:40 PM
   of 1926
8X8 EPS beats by $0.01, beats on revenue
Oct. 30, 2019 4:19 PM ET|About: 8x8, Inc. (EGHT)|By: Jignesh Mehta, SA News Editor

8X8 (NYSE: EGHT): Q2 Non-GAAP EPS of -$0.16 beats by $0.01; GAAP EPS of -$0.42 misses by $0.10.

Revenue of $109.51M (+27.8% Y/Y) beats by $3M.

Share RecommendKeepReplyMark as Last Read

From: Savant7/17/2020 12:10:53 PM
   of 1926
EGHT financial report & CC July 30th

Share RecommendKeepReplyMark as Last Read

From: Savant9/2/2020 2:52:11 AM
   of 1926
8x8 ( EGHT +4.1%) announced the international expansion of its partnership with Telarus in its 8x8 Open Channel Program; with significant growth in U.S., Telarus seeks to extend and accelerate business opportunities into the UK for its sales partners.

As part of solution portfolio, Telarus U.K. sales partners can offer the 8x8 Open Communications Platform, which uniquely combines cloud voice, team chat, video meetings, and contact center in a single solution.

An excerpt from the company's latest earnings call presentation indicates total revenue growth guidance of 15-16% Y/Y for 2Q21, while service revenue is seen rising 16-17%.

Share RecommendKeepReplyMark as Last Read
Previous 10 Next 10