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8x8 Inc (EGHT.N)

EGHT.N on New York Stock Exchange

20.10USD
20 Nov 2019
Change (% chg)

$-0.07 (-0.35%)
Prev Close
$20.17
Open
$20.10
Day's High
$20.44
Day's Low
$19.94
Volume
340,457
Avg. Vol
370,702
52-wk High
$26.66
52-wk Low
$16.35

Latest Key Developments (Source: Significant Developments)

8X8 Inc Posts Q1 Loss Per Share Of $0.36
Wednesday, 31 Jul 2019 

July 30 (Reuters) - 8x8 Inc ::8X8, INC. REPORTS FIRST QUARTER FISCAL 2020 FINANCIAL RESULTS.Q1 NON-GAAP LOSS PER SHARE $0.14.Q1 GAAP LOSS PER SHARE $0.36.SEES FY 2020 REVENUE ABOUT $438 MILLION.SEES Q2 2020 REVENUE $106 MILLION TO $107 MILLION.SEES Q2 2020 REVENUE UP ABOUT 24 TO 25 PERCENT.Q1 EARNINGS PER SHARE ESTIMATE $-0.17 -- REFINITIV IBES DATA.RAISES 2020 SERVICE REVENUE GUIDANCE FROM APPROXIMATELY $400.0 MILLION TO APPROXIMATELY $420.0 MILLION.UPDATES 2020 NON-GAAP PRE-TAX LOSS GUIDANCE TO BE APPROXIMATELY $53 MILLION..FY2020 REVENUE VIEW $417.4 MILLION -- REFINITIV IBES DATA.Q2 REVENUE VIEW $101.0 MILLION -- REFINITIV IBES DATA.QTRLY TOTAL ANNUAL RECURRING REVENUE IS $332.4 MILLION, AN INCREASE OF 21%.  Full Article

8X8 Inc Acquires Wavecell For $125 Million In Cash And Stock
Thursday, 18 Jul 2019 

July 17 (Reuters) - 8x8 Inc ::8X8 ACQUIRES WAVECELL, ENTERING GLOBAL COMMUNICATIONS PLATFORM-AS-A-SERVICE (CPAAS) MARKET AND ADDING TO INDUSTRY-LEADING CLOUD COMMUNICATIONS PLATFORM.8X8 INC - DEAL FOR $125 MILLION IN CASH AND STOCK..8X8 - EXPECTS WAVECELL BUSINESS TO BE ACCRETIVE TO 8X8'S REVENUE GROWTH RATE AND HAVE A MINIMAL IMPACT ON FULL-YEAR FISCAL 2020 NON-GAAP PRE-TAX LOSS..8X8 INC - REITERATED ITS PREVIOUSLY-ISSUED FINANCIAL GUIDANCE FOR Q1 OF FISCAL 2020 FOR ALL METRICS.  Full Article

Tiger Global Management Cuts Share Stake In Spotify, Ups In Facebook
Thursday, 16 May 2019 

May 15 (Reuters) - Tiger Global Management::TIGER GLOBAL MANAGEMENT CUTS SHARE STAKE IN SPOTIFY TECHNOLOGY BY 35.9% TO 8.2 MILLION SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT UPS SHARE STAKE IN FACEBOOK BY 64.5% TO 8.8 MILLION CLASS A SHARES.TIGER GLOBAL MANAGEMENT LLC CUTS SHARE STAKE IN SVMK INC BY 39.5% TO 18.4 MILLION SHARES.TIGER GLOBAL MANAGEMENT UPS SHARE STAKE IN FIAT CHRYSLER AUTOMOBILES BY 8.9% TO 88.3 MILLION SHARES.TIGER GLOBAL MANAGEMENT TAKES SHARE STAKE IN 8X8 INC OF 4.7 MILLION SHARES.TIGER GLOBAL MANAGEMENT: CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2019 AND COMPARED WITH PREVIOUS QUARTER ENDED AS OF DECEMBER 31, 2018.  Full Article

Tiger Global Management Takes Share Stake In Mongodb, Twilio; Ups In Alibaba
Thursday, 16 May 2019 

May 15 (Reuters) - Tiger Global Management LLC::TIGER GLOBAL MANAGEMENT LLC TAKES SHARE STAKE IN 8X8 INC OF 4.73 MILLION SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC TAKES SHARE STAKE IN MONGODB INC OF 232,300 CLASS A SHARES.TIGER GLOBAL MANAGEMENT LLC TAKES SHARE STAKE IN TWILIO INC OF 1.05 MILLION CLASS A SHARES.TIGER GLOBAL MANAGEMENT LLC UPS SHARE STAKE IN ALIBABA GROUP HOLDING LTD BY 5.2 PERCENT TO 4.3 MILLION SPONSORED ADS.TIGER GLOBAL MANAGEMENT LLC: CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2019 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DECEMBER 31, 2018.  Full Article

8X8, Inc. Reports Q4 Loss Per Share $0.29
Wednesday, 15 May 2019 

May 14 (Reuters) - 8x8 Inc ::8X8, INC. REPORTS FOURTH QUARTER AND FISCAL 2019 FINANCIAL RESULTS.SEES Q1 2020 REVENUE $95.3 MILLION TO $96.3 MILLION.SEES Q1 2020 REVENUE UP ABOUT 15 TO 16 PERCENT.Q4 REVENUE $93.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF $93 MILLION.Q4 GAAP LOSS PER SHARE $0.29.Q4 NON-GAAP LOSS PER SHARE $0.09.Q4 EARNINGS PER SHARE VIEW $-0.07 -- REFINITIV IBES DATA.QTRLY AVERAGE MONTHLY SERVICE REVENUE PER BUSINESS CUSTOMER WAS $516, COMPARED WITH $469.SEES 2020 TOTAL REVENUE OF APPROXIMATELY $418.0 MILLION.FY2020 REVENUE VIEW $418.6 MILLION -- REFINITIV IBES DATA.  Full Article

8X8 Inc Prices Upsized Offering Of $250 Mln Of Convertible Senior Notes
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - 8x8 Inc ::8X8, INC. PRICES UPSIZED OFFERING OF $250.0 MILLION OF CONVERTIBLE SENIOR NOTES.PRINCIPAL AMOUNT OF OFFERING WAS INCREASED FROM PREVIOUSLY ANNOUNCED OFFERING SIZE OF $200.0 MILLION.  Full Article

8X8 Inc. Q3 NON-GAAP Loss Per Share $0.06
Wednesday, 30 Jan 2019 

Jan 29 (Reuters) - 8x8 Inc ::8X8, INC. REPORTS THIRD QUARTER FISCAL 2019 FINANCIAL RESULTS.Q3 NON-GAAP LOSS PER SHARE $0.06.Q3 GAAP LOSS PER SHARE $0.25.SEES FY 2019 REVENUE $351 MILLION TO $352 MILLION.Q3 REVENUE $89.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $88.3 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $-0.06 -- REFINITIV IBES DATA.SEES Q4 FISCAL 2019 SERVICE REVENUE IN RANGE OF $88.6 MILLION TO $89.6 MILLION.SEES Q4 FISCAL 2019 NON-GAAP PRE-TAX LOSS IN RANGE OF $7 MILLION TO $8 MILLION.UPDATES SERVICE REVENUE GUIDANCE FROM A RANGE OF $334 MILLION TO $338 MILLION TO A RANGE OF $334 MILLION TO $335 MILLION FOR FULL YEAR FISCAL 2019.SEES FULL YEAR FISCAL 2019 TOTAL REVENUE RANGE OF $351 MILLION TO $352 MILLION.  Full Article

8X8 Q2 GAAP Loss Per Share $0.23
Tuesday, 30 Oct 2018 

Oct 29 (Reuters) - 8x8 Inc ::8X8, INC. REPORTS SECOND QUARTER FISCAL 2019 FINANCIAL RESULTS.Q2 NON-GAAP LOSS PER SHARE $0.04.Q2 GAAP LOSS PER SHARE $0.23.SEES FY 2019 REVENUE $347 MILLION TO $352 MILLION.Q2 REVENUE $85.7 MILLION VERSUS I/B/E/S VIEW $84.4 MILLION.Q2 EARNINGS PER SHARE VIEW $-0.05 -- THOMSON REUTERS I/B/E/S.SEES Q3 SERVICE REVENUE IN RANGE OF $84.5 MILLION TO $85.5 MILLION.SEES Q3 SERVICE REVENUE GROWTH, EXCLUDING DXI REVENUE, IN RANGE OF 20% TO 21%.SEES Q3 NON-GAAP PRE-TAX LOSS IN RANGE OF $5 MILLION TO $6 MILLION.RAISES SERVICE REVENUE GUIDANCE FROM A RANGE OF $333 MILLION TO $338 MILLION TO A RANGE OF $334 MILLION TO $338 MILLION FOR FULL YEAR FISCAL 2019.REITERATES FULL YEAR FISCAL 2019 TOTAL REVENUE GUIDANCE IN RANGE OF $347 MILLION TO $352 MILLION.ANTICIPATES FULL YEAR FISCAL 2019 NON-GAAP PRE-TAX LOSS TO BE AT HIGH-END OF PREVIOUSLY STATED GUIDANCE.  Full Article

8X8 Announces Executive Leadership Appointments
Tuesday, 9 Oct 2018 

Oct 8 (Reuters) - 8x8 Inc ::8X8, INC. ANNOUNCES EXECUTIVE LEADERSHIP APPOINTMENTS.8X8 INC - STEVEN GATOFF NAMED CHIEF FINANCIAL OFFICER; MARY ELLEN GENOVESE NAMED MANAGING DIRECTOR OF EUROPEAN OPERATIONS.8X8 INC - STEVEN GATOFF WILL JOIN 8X8 ON OCTOBER 15, 2018.  Full Article

8X8 Q1 GAAP Loss Per Share $0.16
Friday, 27 Jul 2018 

8x8 Inc ::8X8, INC. REPORTS FIRST QUARTER FISCAL 2019 FINANCIAL RESULTS.Q1 NON-GAAP LOSS PER SHARE $0.04.Q1 GAAP LOSS PER SHARE $0.16.Q1 REVENUE $83.2 MILLION VERSUS I/B/E/S VIEW $81 MILLION.Q1 EARNINGS PER SHARE VIEW $-0.05 -- THOMSON REUTERS I/B/E/S.SEES 2019 SERVICE REVENUE IN RANGE OF $333 MILLION TO $338 MILLION.SEES 2019 TOTAL REVENUE IN RANGE OF $347 MILLION TO $352 MILLION.SEES 2019 NON-GAAP PRE-TAX LOSS IN RANGE OF $13 MILLION TO $17 MILLION.SEES Q2 2019 SERVICE REVENUE IN RANGE OF $80 MILLION TO $81 MILLION.SEES Q2 2019 NON-GAAP PRE-TAX LOSS IN RANGE OF $4 MILLION TO $5 MILLION.GUIDANCE FOR 2019, Q2 2019 INCLUDES EXPECTED IMPACT OF ADOPTION OF ASC 606.  Full Article