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8x8, Inc. - EGHT STOCK NEWS

Welcome to our dedicated page for 8x8 news (Ticker: EGHT), a resource for investors and traders seeking the latest updates and insights on 8x8 stock.

8x8, Inc. (NYSE: EGHT) is at the forefront of transforming business communications through its innovative software-as-a-service (SaaS) solutions. As a leader in the industry, 8x8 provides a comprehensive suite of voice, video, chat, contact center, and enterprise-class API solutions, all powered by a robust global cloud communications platform. These solutions enable workforces worldwide to connect and collaborate more efficiently and effectively.

The company's unified platform supports omnichannel communication, allowing employees to seamlessly interact via voice, video, text, chat, and contact centers. This integration is crucial for businesses aiming to enhance their customer experience and streamline internal communications. 8x8's offerings extend to approximately 2.5 million users, with a strong geographic focus in the United States, which contributes a significant portion of its revenue.

8x8 also leverages real-time business analytics and intelligence to provide unique insights across all interactions and channels. These insights help businesses understand customer behavior, optimize operations, and accelerate growth. The company's revenue is further bolstered by sales of hardware and professional services, which complement its integrated technology platform.

Recent achievements include the enhancement of their cloud platform to support even more robust and scalable solutions. Current projects involve expanding their omnichannel capabilities and improving user experience through advanced analytics and artificial intelligence.

With a strong focus on innovation and customer satisfaction, 8x8 continues to solidify its position as a key player in the business communications landscape.

Stay updated with the latest news and developments from 8x8, Inc. and see how they are shaping the future of business communications.

News

New GlobalMeet Chief Executive Officer Appointed by Pivotal Group

Rhea-AI Summary
GlobalMeet, a leading virtual event technology company, has appointed Kim Niederman as CEO. Niederman, a former president at 8x8 and executive at Polycom and Cisco, brings a wealth of experience in driving tech companies to success. The company aims to expand its influence and seize market opportunities in the digital events space under Niederman's leadership. Pivotal Group, the company's private equity sponsor, remains dedicated to finding qualified and passionate leaders to assist in this journey. Niederman's appointment is expected to reinforce GlobalMeet's brand as an innovative industry leader and create long-term value for customers.
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8x8, Inc. Schedules Third Quarter Fiscal 2024 Earnings Release and Conference Call

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8x8, Inc. (EGHT) will release its financial results for the third fiscal quarter on January 31, 2024. The company will host a conference call to discuss the results at 2:00 p.m. Pacific Time. Investors can participate in the live call or access the webcast and replay from the company’s investor relations events and presentations page.
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8x8 Extends XCaaS Platform AI Capabilities with Real-time Meeting Transcriptions and Smart Summarizations

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8x8, Inc. (NASDAQ: EGHT) has announced the addition of AI-powered video meeting capabilities to the 8x8 XCaaS platform, enabling real-time AI transcriptions, smart summaries, and follow-up action items for enhanced collaboration during and after meetings. The new features aim to improve productivity and efficiency, with 90% of companies seeing the value in deploying Generative AI meeting assistants. The platform empowers organizations with smarter meetings, deeper collaboration, better tracking, and broader impact, meeting the needs of a global and hybrid workforce.
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Wayne Metropolitan Community Action Agency Turns to 8x8 Integrated Cloud Contact Center and Unified Communications Platform to Better Serve the Community

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Wayne Metro Community Action Agency Deploys 8x8 to Enhance Contact Center Operations and Customer Engagement (NASDAQ: EGHT)
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8x8’s Innovation Momentum Recognized with Newest 2023 Award Wins

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8x8, Inc. (NASDAQ: EGHT) wins industry awards from CRN, TrustRadius, and Software Advice for innovative products, service, and employee and customer experiences.
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Ty Chooses 8x8 XCaaS for Enhanced Customer Experiences and Employee Collaboration

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8x8, Inc. (NASDAQ: EGHT) partners with Ty Inc. to deploy the 8x8 XCaaS™ cloud contact center and unified communications platform, improving customer engagement, employee communication, collaboration, data insights, and reducing costs.
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8x8 Announces 8x8 Sales Assist to Improve the Customer Experience, Increase Satisfaction, and Accelerate Revenue Growth for Retailers

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8x8, Inc. (NASDAQ: EGHT) introduces 8x8 Sales Assist™, a cross-portfolio solution for retailers. The platform combines 8x8 Contact Center, 8x8 CPaaS, and 8x8 Work to provide connected journeys across self- and assisted-service use cases, offering multichannel engagement options for customers. The solution aims to reduce long call/contact queues, minimize missed or dropped calls, increase first contact resolution rates, and retain the best contact center talent, ultimately improving revenue and satisfaction rates.
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8x8 Named a Leader in the 2023 Gartner® Magic Quadrant™ for Unified Communications as a Service

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8x8, Inc. (NASDAQ: EGHT) has been recognized as a Leader in the 2023 Gartner Magic Quadrant for Unified Communications as a Service for the twelfth consecutive year. The company's 8x8 Work offers industry-leading global coverage in 59 countries and is a core component of 8x8 XCaaS, an integrated cloud contact center and unified communications platform. 8x8 has also been named a Leader in the Gartner Magic Quadrant for Contact Center as a Service for nine consecutive years.
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78% of UK IT Decision Makers are Deploying AI and Automation to Future Proof Their Businesses Amidst Ongoing Uncertainty, Reveals New 8x8 Research

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8x8, Inc. (EGHT) unveils how UK businesses are coping with the permacrisis by leveraging AI and automation. The report, 'Permacrisis: The View from the IT Frontline', surveyed 550+ IT decision makers from large UK companies.
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Baptist World Aid Chooses 8x8 to Deliver Superior Communications Experiences to its Donors, Employees, and Partners in the Fight Against Global Poverty

Rhea-AI Summary
8x8, Inc. (NASDAQ: EGHT) announced that Baptist World Aid has deployed the 8x8 XCaaS™ integrated cloud contact center and unified communications platform with 8x8 Voice for Microsoft Teams. Baptist World Aid, a nonprofit organization focused on combating global poverty, chose 8x8 for its exceptional call quality, improved quality management and reporting capabilities, and seamless integration with Microsoft Teams and Microsoft Dynamics 365. The 8x8 XCaaS platform allows Baptist World Aid to provide high-quality engagement for an outstanding customer and employee experience from any location.
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FAQ

What is the current stock price of 8x8 (EGHT)?

The current stock price of 8x8 (EGHT) is $3.04 as of November 22, 2024.

What is the market cap of 8x8 (EGHT)?

The market cap of 8x8 (EGHT) is approximately 399.2M.

What does 8x8, Inc. do?

8x8, Inc. provides software-as-a-service solutions for business communications, including voice, video, chat, contact center, and enterprise-class API solutions.

How many users does 8x8 serve?

8x8 serves approximately 2.5 million users.

What is 8x8's main geographic market?

The majority of 8x8's revenue comes from the United States.

What kind of platform does 8x8 offer?

8x8 offers a unified platform that supports omnichannel communication, enabling interactions via voice, video, text, chat, and contact centers.

What additional services does 8x8 provide besides software solutions?

8x8 also generates revenue from sales of hardware and professional services that complement its integrated technology platform.

How does 8x8 use real-time analytics?

8x8 uses real-time business analytics and intelligence to provide unique insights across all interactions and channels, helping businesses optimize operations and enhance customer experience.

What recent achievements has 8x8 made?

8x8 has recently enhanced its cloud platform to support more robust and scalable solutions, and is working on expanding omnichannel capabilities.

How does 8x8 help businesses with customer interactions?

8x8's solutions enable businesses to seamlessly interact with customers across multiple channels, improving customer experience and satisfaction.

What is the main focus of 8x8's current projects?

8x8's current projects focus on expanding omnichannel capabilities and enhancing user experience through advanced analytics and artificial intelligence.

Why is 8x8 considered a leader in business communications?

8x8 is considered a leader due to its comprehensive and integrated communication solutions that support efficient and effective collaboration and customer interaction.

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8x8, Inc.

Nasdaq:EGHT

EGHT Rankings

#3315 Ranked by Market Cap
N/A Ranked by Dividends

EGHT Stock Data

399.17M
127.46M
1.77%
83.98%
6.8%
Software - Application
Services-computer Processing & Data Preparation
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United States of America
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