Welcome to our dedicated news page for 8x8 (Ticker: EGHT), a resource for investors and traders seeking the latest updates and insights on 8x8 .
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect 8x8 's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of 8x8 's position in the market.
Rhea-AI Summary
8x8, Inc. reported total revenue of $181 million, with service revenue accounting for $175 million. Cash flow from operations increased 45% year-over-year to $22.4 million. The company plans to return $250 million to investors through debt repayment in fiscal years 2024 through 2026. Financial metrics and recent business highlights include a 1% increase in total ARR to $707 million, and the launch of new products and services to enhance customer engagement and experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.61%
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Rhea-AI Summary
8x8, Inc. (EGHT) announces the beta availability of a new product line that aims to provide effective customer engagement capabilities across the entire organization. The new platform capabilities bridge the gap between UCaaS and CCaaS, allowing organizations to deliver smarter decision making and positive customer outcomes through powerful and predictive insights. The product line addresses the needs of employees outside the contact center, who frequently engage with customers but lack the right technology to support their specific needs. The new capabilities aim to empower every customer-facing employee to make the most of every interaction, leading to superior customer satisfaction, loyalty, and business success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.61%
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Rhea-AI Summary
8x8, Inc. (NASDAQ: EGHT) announced enhancements to its integrated cloud contact center and unified communications platform, including AI-generated post-meeting smart summaries and action items, rich omnichannel experiences, global workforce support, and deeper technology partner integrations. The new features aim to improve customer and employee experiences, with specific enhancements to the contact center, unified communications, and CPaaS solutions. 8x8 XCaaS provides a single platform for customer engagement, collaboration, and communications functionality, with a focus on delivering seamless, easy-to-use solutions for organizations of all sizes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
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Rhea-AI Summary
8x8, Inc. (NASDAQ: EGHT) announced the launch of SellWith8™, an exclusive tier within the 8x8 Technology Partner Ecosystem, allowing technology partners to solve compelling business use cases for customers. The program offers highly curated experiences and resources for select partners, including direct access to the 8x8 product team, joint go-to-market alignment, and exclusive features. The launch aims to enhance customer experiences by deeply embedding cutting-edge technologies, such as artificial intelligence, into the 8x8 platform. The 8x8 Technology Partner Ecosystem has already demonstrated remarkable success, with over 72% of customers in 8x8's ideal customer profile having deployed integrations. 8x8 XCaaS, the integrated cloud contact center and unified communications platform, offers cloud contact center, business phone, video meetings, team chat, and SMS capabilities in a single-vendor solution, with a platform-wide 99.999 percent uptime SLA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
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Rhea-AI Summary
GlobalMeet, a leading virtual event technology company, has appointed Kim Niederman as CEO. Niederman, a former president at 8x8 and executive at Polycom and Cisco, brings a wealth of experience in driving tech companies to success. The company aims to expand its influence and seize market opportunities in the digital events space under Niederman's leadership. Pivotal Group, the company's private equity sponsor, remains dedicated to finding qualified and passionate leaders to assist in this journey. Niederman's appointment is expected to reinforce GlobalMeet's brand as an innovative industry leader and create long-term value for customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
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Rhea-AI Summary
8x8, Inc. (EGHT) will release its financial results for the third fiscal quarter on January 31, 2024. The company will host a conference call to discuss the results at 2:00 p.m. Pacific Time. Investors can participate in the live call or access the webcast and replay from the company’s investor relations events and presentations page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
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Rhea-AI Summary
8x8, Inc. (NASDAQ: EGHT) has announced the addition of AI-powered video meeting capabilities to the 8x8 XCaaS platform, enabling real-time AI transcriptions, smart summaries, and follow-up action items for enhanced collaboration during and after meetings. The new features aim to improve productivity and efficiency, with 90% of companies seeing the value in deploying Generative AI meeting assistants. The platform empowers organizations with smarter meetings, deeper collaboration, better tracking, and broader impact, meeting the needs of a global and hybrid workforce.
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Rhea-AI Sentiment
End-of-Day
-0.89%
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Rhea-AI Summary
Wayne Metro Community Action Agency Deploys 8x8 to Enhance Contact Center Operations and Customer Engagement (NASDAQ: EGHT)
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End-of-Day
-4.84%
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Rhea-AI Summary
8x8, Inc. (NASDAQ: EGHT) wins industry awards from CRN, TrustRadius, and Software Advice for innovative products, service, and employee and customer experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
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Rhea-AI Summary
8x8, Inc. (NASDAQ: EGHT) partners with Ty Inc. to deploy the 8x8 XCaaS™ cloud contact center and unified communications platform, improving customer engagement, employee communication, collaboration, data insights, and reducing costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
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8x8, Inc.
Nasdaq:EGHT
EGHT Rankings
EGHT Stock Data
274.00M
84.52M
2.29%
95.44%
12.22%
Software Publishers
Information
United States of America
CAMPBELL
About EGHT
8x8, inc. (nyse: eght) is transforming the future of business communications as a leading software-as-a-service provider of voice, video, chat, contact center and enterprise-class api solutions powered by one global cloud communications platform. 8x8 empowers workforces worldwide to connect individuals and teams so they can collaborate faster and work smarter. real-time business analytics and intelligence provide businesses unique insights across all interactions and channels so they can delight end-customers and accelerate their business.