8x8, Inc. Reports Fourth Quarter and Fiscal Year 2024 Financial Results
8x8 Inc (EGHT)
Last 8x8 inc earnings: 2/4 04:05 pm
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Source: Business Wire
Fourth Quarter revenue of $179 million; Fiscal Year 2024 revenue of $729 million2024 Cash flow from operations increased 62% year-over-year to $79 millionYear-end cash, cash equivalents, restricted cash and investments of $118 million CAMPBELL, Calif.--(BUSINESS WIRE)--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 operating loss was $27.6 million, an improvement of 58% compared to a GAAP operating loss of $66.3 million in fiscal 2023.Non-GAAP operating profit was $94.7 million, an increase of 52% compared to non-GAAP operating profit of $62.4 million in fiscal 2023.GAAP net loss was $67.6 million, compare
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News
- 8x8, Inc. Announces Participation in Upcoming Investor EventsBusiness Wire
- 8x8 Partners with Military Makeover to Honor and Support Veterans [Yahoo! Finance]Yahoo! Finance
- 8x8 Partners with Military Makeover to Honor and Support VeteransBusiness Wire
- 8x8, Inc. (NASDAQ: EGHT) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- 8x8, Inc. (NASDAQ: EGHT) had its price target lowered by analysts at Needham & Company LLC from $5.00 to $3.50. They now have a "buy" rating on the stock.MarketBeat
EGHT
Earnings
- 5/8/24 - Beat
EGHT
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- EGHT's page on the SEC website