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2023-05-26 13:41:10 ET Everyone is looking for an edge to find penny stocks to buy before the masses. The difficult part of this is that many of these cheap stocks lack liquidity. So outside of all other risks involved, liquidity risk presents a significant hurdle. For those unfamiliar,...
2023-05-26 11:40:45 ET 8x8 Inc. ( NASDAQ: EGHT ) soared 13% as an investor said it planned to talk to management about certain topics, including potential strategic transactions such as business combinations. Sylebra Capital reported owning a 12.4% holding in 8x8 ( EGHT ...
2023-05-24 13:40:23 ET In its preliminary annual 2023 Russell indexes reconstitution, the following Telecommunications companies will be added to and deleted from the Russell Microcap index: Additions: 8X8 ( EGHT ), Xperi ( XPER ), Lightwave Logic ( LWLG ), Sonim Technolog...
Customer Ratings of 8x8’s Cloud Contact Center and Unified Communications Platform in Four Categories Highlight Excellent Customer Satisfaction and Credibility 8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud communications platform provider, today announced that 8x8 Co...
2023-05-22 17:30:42 ET Gainers: Movella Holdings ( MVLA ) +14% . Trevi Therapeutics ( TRVI ) +5% . QUALCOMM ( QCOM ) +5% . Galera Therapeutics ( GRTX ) +4% . LivePerson ( LPSN ) +4% . Losers: Guardant Health (...
2023-05-18 15:05:04 ET Summary I am downgrading 8x8 to neutral. 8x8 to see a challenged FY 2024 outlook. Upward momentum is less likely throughout the fiscal year. 8x8 is undervalued based on my modeled target price model, but a cautious stance is encouraged. I ini...
2023-05-17 15:15:42 ET Summary The financial performance has improved dramatically in many ways in my view. Net losses have shrunk, suggesting a positive relationship between revenue and operating profits. In spite of this, the shares are trading near historical lows. We've been t...
2023-05-11 21:09:08 ET 8x8, Inc. (EGHT) Q4 2023 Earnings Conference Call May 11, 2023 05:00 PM ET Company Participants Kate Patterson - VP, IR Samuel Wilson - Interim CEO Kevin Kraus - Interim CFO Conference Call Participants Matt VanVliet - BTIG ...
2023-05-11 16:54:23 ET 8X8 press release ( NASDAQ: EGHT ): Q4 Non-GAAP EPS of $0.11 beats by $0.02 . Revenue of $184.53M (+1.7% Y/Y) misses by $1.21M . For further details see: 8X8 Non-GAAP EPS of $0.11 beats by $0.02, revenue of $184.53M misses by $1.21M
Fourth quarter service revenue increased 2% percent year-over-year to $177 million Fiscal Year 2023 service revenue increased 18% percent year-over-year to $710 million Positive operating cash flow of $14 million for fourth quarter and $49 million for fiscal year 2023 8x8 Voice for Mi...
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