8x8, Inc. Reports Fourth Quarter and Fiscal Year 2024 Financial Results [Yahoo! Finance]
8x8 Inc (EGHT)
Last 8x8 inc earnings: 2/4 04:05 pm
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Source: Yahoo! Finance
Year-end cash, cash equivalents, restricted cash and investments of $118 million CAMPBELL, Calif., May 08, 2024 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, compared to a GAAP net loss of $73.1 million in fiscal 2023. Non-GAAP net income was $58.0 million, compared to non-GAAP net income
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News
- 8x8, Inc. (NASDAQ: EGHT) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $3.50 price target on the stock.MarketBeat
- 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
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