$EGHT (8x8 Inc.)

$EGHT {{ '2016-05-20T09:21:07+0000' | timeago}} • Webcast

Mike Latimore of Northland Capital asks about the churn going forward. CFO Mary Ellen said on a gross churn basis for the full year, $EGHT is at 0.8%. She added that it would be 1% for the year, and the company expects it to be slightly below that or slightly above that.

$EGHT {{ '2017-09-20T20:30:41+0000' | timeago}} • Announcement

Cloud solutions provider $EGHT has joined hands with technology company Aryaka to enhance the performance of business-critical cloud unified communications. The initiative will enable mid-market and enterprise companies to improve business communications and customer engagement.

$EGHT {{ '2017-06-07T13:20:35+0000' | timeago}} • Announcement

$EGHT announced a global distribution model that would enable its agents and distributors to accelerate sale of the company’s services, and provide a clear blueprint for expanding their partnership into new regions. As part of the program, partners with international reach will have the option to enter into a global framework agreement with 8x8.

$EGHT {{ '2017-05-25T20:29:34+0000' | timeago}} • Announcement

For FY18, $EGHT expects its service revenue to be in the range of $280-285MM, representing approx. 19-21% YoY increase. Total revenue is expected to be in the range of $296-300MM, representing approx. 17-19% YoY increase.

$EGHT {{ '2017-05-25T20:26:33+0000' | timeago}} • Announcement

$EGHT's total service revenue during 4Q17 rose 20% YoY to 62.7MM. Service revenue from mid-market and enterprise customers increased 32% YoY, representing 56% of the company's total service revenue, compared to 50% during the prior year quarter.

$EGHT {{ '2017-05-25T20:22:25+0000' | timeago}} • Announcement

Cloud communication solutions provider $EGHT's 4Q17 net loss widened to $2.92MM, or $0.03 per share, from net loss of $1.07MM, or $0.01 per share during 4Q16. Total revenue during the quarter rose 16% YoY to $66.5MM. Excluding items, $EGHT earned $0.05 per share.

$EGHT {{ '2017-05-23T13:51:44+0000' | timeago}} • Announcement

$EGHT appointed Rani Hublou as Chief Marketing Officer (CMO). As CMO, Rani will be responsible for aligning $EGHT's value proposition, products, packaging and positioning with global marketing initiatives to advance awareness and adoption of the company's industry-leading Communications Cloud platform and solutions.

$EGHT {{ '2017-03-08T17:36:22+0000' | timeago}} • Announcement

$EGHT acquired LeChat Inc., the maker of Sameroom, an interoperability platform that enables cross-team messaging and collaboration in the enterprise. This catapults $EGHT into an unique position in team collaboration market by providing interoperability between more than 2 dozen team collaboration clients as part of the 8x8 Communications Cloud.

$EGHT {{ '2017-02-24T17:54:45+0000' | timeago}} • Announcement

$EGHT, a provider of global Enterprise Communications as a Service, appointed Dejan Deklich as SVP of Global Research and Development. In this role, Dejan will drive product innovation and excellence for $EGHT's global cloud communications portfolio. He earlier served as VP of Platform and Cloud at $SPLK.

$EGHT {{ '2016-07-12T18:03:45+0000' | timeago}} • Announcement

Cloud communications solutions provider $EGHT said it has been awarded three new patents, bringing its total number of patents to 121. The three new patents relate to networked contact centers, user configurable data storage, and systems and methods for distributed conferencing.

$EGHT {{ '2016-05-20T09:25:47+0000' | timeago}} • Webcast

Jack Rohkohl of Dougherty & Company probes about operating margin improvement. Mary Ellen said in 2H17 $EGHT expects the operating margin to be slightly above 8%, maybe in 3Q17 and higher than that in 4Q17. In 1Q17 and 2Q17, the margin is expected to be less than 6.5%.

$EGHT {{ '2016-05-20T09:21:07+0000' | timeago}} • Webcast

Mike Latimore of Northland Capital asks about the churn going forward. CFO Mary Ellen said on a gross churn basis for the full year, $EGHT is at 0.8%. She added that it would be 1% for the year, and the company expects it to be slightly below that or slightly above that.

$EGHT {{ '2016-05-20T09:14:00+0000' | timeago}} • Webcast

Dmitry Netis of William Blair asks about the organic growth number of the mid-market MRR relative to the 208% number for the total inorganic revenue. $EGHT CFO Mary Ellen replied that the number was well over 150% on an organic basis.

$EGHT {{ '2016-05-20T09:04:26+0000' | timeago}} • Webcast

$EGHT said cash, cash equivalents and investments were $163MM at March 31, 2016 versus $177MM at the end of FY15. Cash flow from operating activities was $8.2MM in 4Q16 and CapEx, including capitalized software, was $2.4MM in 4Q16 or 4% of revenue. CapEx, including capitalized software, was $7MM or 3% of revenue in FY16 versus $6.6MM in FY15.

$EGHT {{ '2016-05-20T08:58:37+0000' | timeago}} • Webcast

$EGHT said it is approx. 20% complete with Auto Europe's deployment of nearly 600 Virtual Office seats and over 300 Virtual Contact Center seats. The company expects this initial deployment to be completed over the next 8-10 weeks.

$EGHT {{ '2016-05-20T08:57:46+0000' | timeago}} • Webcast

$EGHT said Regus has a footprint of 3,000 locations in 900 cities and 120 countries. To date, the company has deployed 128 locations in the US and Canada, and 8 UK locations and is in the solution design phase for over 200 Virtual Contact Center seats in 18 countries.

$EGHT {{ '2016-05-20T08:54:08+0000' | timeago}} • Webcast

$EGHT said for FY16 total revenue increased 29% YoverY to a record $209MM, while services revenue grew 30%. The company added that its FY16 non-GAAP net income was $15MM or 7% of revenue.

$EGHT {{ '2016-05-20T08:51:00+0000' | timeago}} • Webcast

VoIP telephony services provider $EGHT said 4Q16 service revenue from mid-market and enterprise customers grew 54% YoverY. Mid-market and enterprise customers represented over 50% of the company's total service revenue. For the first time in the company's history, revenue from mid-market and enterprise customers exceeded revenue from SMB customers.

$EGHT {{ '2016-05-19T20:39:02+0000' | timeago}} • Announcement

For FY17, $EGHT forecast annual revenue of $249.0MM to $253.0MM and full year non-GAAP net income in the range of $16.0MM to $20.0MM which represents non-GAAP net income as a percent of revenue of 6.5% to 8.0%.

$EGHT {{ '2016-05-19T20:36:56+0000' | timeago}} • Announcement

Communications technology company $EGHT reported a 4Q16 loss, hurt by higher expenses, even as revenue rose 32%. Quarterly net loss was $1.1MM, or 0.01 per share, compared to a profit of $183,000, or breakeven a year ago. Total revenue rose to $57.3MM. Operating expenses for the quarter jumped 39%.

$EGHT {{ '2015-12-01T14:05:41+0000' | timeago}} • Announcement

Cloud-based solutions provider $EGHT said that it will be opening a new office in Manchester to expand its UK-based operations. The new office will support customers and channel partners in North West region of the UK and it becomes $EGHT's third office in the UK after its London and Aylesbury offices.

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