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8x8 Inc (EGHT.N)

EGHT.N on New York Stock Exchange

23.64USD
17 May 2019
Change (% chg)

$0.26 (+1.11%)
Prev Close
$23.38
Open
$23.19
Day's High
$23.88
Day's Low
$23.01
Volume
255,970
Avg. Vol
274,605
52-wk High
$24.36
52-wk Low
$15.13

Latest Key Developments (Source: Significant Developments)

Tiger Global Management Cuts Share Stake In Spotify, Ups In Facebook
Wednesday, 15 May 2019 

May 15 (Reuters) - Tiger Global Management::TIGER GLOBAL MANAGEMENT CUTS SHARE STAKE IN SPOTIFY TECHNOLOGY BY 35.9% TO 8.2 MILLION SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT UPS SHARE STAKE IN FACEBOOK BY 64.5% TO 8.8 MILLION CLASS A SHARES.TIGER GLOBAL MANAGEMENT LLC CUTS SHARE STAKE IN SVMK INC BY 39.5% TO 18.4 MILLION SHARES.TIGER GLOBAL MANAGEMENT UPS SHARE STAKE IN FIAT CHRYSLER AUTOMOBILES BY 8.9% TO 88.3 MILLION SHARES.TIGER GLOBAL MANAGEMENT TAKES SHARE STAKE IN 8X8 INC OF 4.7 MILLION SHARES.TIGER GLOBAL MANAGEMENT: CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2019 AND COMPARED WITH PREVIOUS QUARTER ENDED AS OF DECEMBER 31, 2018.  Full Article

Tiger Global Management Takes Share Stake In Mongodb, Twilio; Ups In Alibaba
Wednesday, 15 May 2019 

May 15 (Reuters) - Tiger Global Management LLC::TIGER GLOBAL MANAGEMENT LLC TAKES SHARE STAKE IN 8X8 INC OF 4.73 MILLION SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC TAKES SHARE STAKE IN MONGODB INC OF 232,300 CLASS A SHARES.TIGER GLOBAL MANAGEMENT LLC TAKES SHARE STAKE IN TWILIO INC OF 1.05 MILLION CLASS A SHARES.TIGER GLOBAL MANAGEMENT LLC UPS SHARE STAKE IN ALIBABA GROUP HOLDING LTD BY 5.2 PERCENT TO 4.3 MILLION SPONSORED ADS.TIGER GLOBAL MANAGEMENT LLC: CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2019 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DECEMBER 31, 2018.  Full Article

8X8, Inc. Reports Q4 Loss Per Share $0.29
Tuesday, 14 May 2019 

May 14 (Reuters) - 8x8 Inc ::8X8, INC. REPORTS FOURTH QUARTER AND FISCAL 2019 FINANCIAL RESULTS.SEES Q1 2020 REVENUE $95.3 MILLION TO $96.3 MILLION.SEES Q1 2020 REVENUE UP ABOUT 15 TO 16 PERCENT.Q4 REVENUE $93.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF $93 MILLION.Q4 GAAP LOSS PER SHARE $0.29.Q4 NON-GAAP LOSS PER SHARE $0.09.Q4 EARNINGS PER SHARE VIEW $-0.07 -- REFINITIV IBES DATA.QTRLY AVERAGE MONTHLY SERVICE REVENUE PER BUSINESS CUSTOMER WAS $516, COMPARED WITH $469.SEES 2020 TOTAL REVENUE OF APPROXIMATELY $418.0 MILLION.FY2020 REVENUE VIEW $418.6 MILLION -- REFINITIV IBES DATA.  Full Article

8X8 Inc Prices Upsized Offering Of $250 Mln Of Convertible Senior Notes
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - 8x8 Inc ::8X8, INC. PRICES UPSIZED OFFERING OF $250.0 MILLION OF CONVERTIBLE SENIOR NOTES.PRINCIPAL AMOUNT OF OFFERING WAS INCREASED FROM PREVIOUSLY ANNOUNCED OFFERING SIZE OF $200.0 MILLION.  Full Article

8X8 Inc. Q3 NON-GAAP Loss Per Share $0.06
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - 8x8 Inc ::8X8, INC. REPORTS THIRD QUARTER FISCAL 2019 FINANCIAL RESULTS.Q3 NON-GAAP LOSS PER SHARE $0.06.Q3 GAAP LOSS PER SHARE $0.25.SEES FY 2019 REVENUE $351 MILLION TO $352 MILLION.Q3 REVENUE $89.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $88.3 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $-0.06 -- REFINITIV IBES DATA.SEES Q4 FISCAL 2019 SERVICE REVENUE IN RANGE OF $88.6 MILLION TO $89.6 MILLION.SEES Q4 FISCAL 2019 NON-GAAP PRE-TAX LOSS IN RANGE OF $7 MILLION TO $8 MILLION.UPDATES SERVICE REVENUE GUIDANCE FROM A RANGE OF $334 MILLION TO $338 MILLION TO A RANGE OF $334 MILLION TO $335 MILLION FOR FULL YEAR FISCAL 2019.SEES FULL YEAR FISCAL 2019 TOTAL REVENUE RANGE OF $351 MILLION TO $352 MILLION.  Full Article

8X8 Q2 GAAP Loss Per Share $0.23
Monday, 29 Oct 2018 

Oct 29 (Reuters) - 8x8 Inc ::8X8, INC. REPORTS SECOND QUARTER FISCAL 2019 FINANCIAL RESULTS.Q2 NON-GAAP LOSS PER SHARE $0.04.Q2 GAAP LOSS PER SHARE $0.23.SEES FY 2019 REVENUE $347 MILLION TO $352 MILLION.Q2 REVENUE $85.7 MILLION VERSUS I/B/E/S VIEW $84.4 MILLION.Q2 EARNINGS PER SHARE VIEW $-0.05 -- THOMSON REUTERS I/B/E/S.SEES Q3 SERVICE REVENUE IN RANGE OF $84.5 MILLION TO $85.5 MILLION.SEES Q3 SERVICE REVENUE GROWTH, EXCLUDING DXI REVENUE, IN RANGE OF 20% TO 21%.SEES Q3 NON-GAAP PRE-TAX LOSS IN RANGE OF $5 MILLION TO $6 MILLION.RAISES SERVICE REVENUE GUIDANCE FROM A RANGE OF $333 MILLION TO $338 MILLION TO A RANGE OF $334 MILLION TO $338 MILLION FOR FULL YEAR FISCAL 2019.REITERATES FULL YEAR FISCAL 2019 TOTAL REVENUE GUIDANCE IN RANGE OF $347 MILLION TO $352 MILLION.ANTICIPATES FULL YEAR FISCAL 2019 NON-GAAP PRE-TAX LOSS TO BE AT HIGH-END OF PREVIOUSLY STATED GUIDANCE.  Full Article

8X8 Announces Executive Leadership Appointments
Monday, 8 Oct 2018 

Oct 8 (Reuters) - 8x8 Inc ::8X8, INC. ANNOUNCES EXECUTIVE LEADERSHIP APPOINTMENTS.8X8 INC - STEVEN GATOFF NAMED CHIEF FINANCIAL OFFICER; MARY ELLEN GENOVESE NAMED MANAGING DIRECTOR OF EUROPEAN OPERATIONS.8X8 INC - STEVEN GATOFF WILL JOIN 8X8 ON OCTOBER 15, 2018.  Full Article

8X8 Q1 GAAP Loss Per Share $0.16
Thursday, 26 Jul 2018 

8x8 Inc ::8X8, INC. REPORTS FIRST QUARTER FISCAL 2019 FINANCIAL RESULTS.Q1 NON-GAAP LOSS PER SHARE $0.04.Q1 GAAP LOSS PER SHARE $0.16.Q1 REVENUE $83.2 MILLION VERSUS I/B/E/S VIEW $81 MILLION.Q1 EARNINGS PER SHARE VIEW $-0.05 -- THOMSON REUTERS I/B/E/S.SEES 2019 SERVICE REVENUE IN RANGE OF $333 MILLION TO $338 MILLION.SEES 2019 TOTAL REVENUE IN RANGE OF $347 MILLION TO $352 MILLION.SEES 2019 NON-GAAP PRE-TAX LOSS IN RANGE OF $13 MILLION TO $17 MILLION.SEES Q2 2019 SERVICE REVENUE IN RANGE OF $80 MILLION TO $81 MILLION.SEES Q2 2019 NON-GAAP PRE-TAX LOSS IN RANGE OF $4 MILLION TO $5 MILLION.GUIDANCE FOR 2019, Q2 2019 INCLUDES EXPECTED IMPACT OF ADOPTION OF ASC 606.  Full Article

8x8 Buys MarianaIQ, Financial Terms Of Deal Not Being Disclosed
Tuesday, 15 May 2018 

May 15 (Reuters) - 8x8 Inc ::8X8 ACQUIRES MARIANAIQ TO STRENGTHEN AI CAPABILITIES FOR ENTERPRISE COMMUNICATIONS.8X8 INC - FINANCIAL TERMS OF ACQUISITION ARE NOT BEING DISCLOSED..  Full Article

8X8 Enters Into Partnership With Itancia To Bring Cloud Communications To France
Monday, 12 Mar 2018 

March 12 (Reuters) - 8X8 Inc ::8X8 ENTERS INTO PARTNERSHIP WITH ITANCIA TO BRING CLOUD COMMUNICATIONS TO FRANCE.  Full Article

UPDATE 1-IFR Americas ECM Pipeline

8x8 (US, telecom equipment) - $250m 5y CB priced at 0.5%, up 30% versus talk of 0.5%-1% and 27.5%-32.5%. MS. Upsized from $200m.