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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.

Rhea-AI Summary
8x8, Inc. (NASDAQ: EGHT) reported financial results for the first quarter of fiscal 2024, with total revenue decreasing 2% year-over-year to $183.3 million. Despite the revenue decrease, the company achieved record operating income and cash flow, with non-GAAP gross margins reaching multi-year highs. The addition of Conversational AI Self-Service capabilities to the XCaaS contact center platform further highlights the company's commitment to innovation and customer-centric solutions.
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8x8, Inc. (NASDAQ: EGHT) announced the successful launch of 8x8 Supervisor Workspace, a purpose-built experience that blends analytics, performance management, and team admin capabilities into a single interface. The new interface has seen over 10% adoption in its first week after launch and has already been accessed by more than 50% of 8x8 Contact Center customers. Key features include a single pane of glass for consolidating visibility, insights, and operations, embedded trend analysis, personalized environments, user-friendly design, and full support for hybrid contact centers. The value of 8x8 Supervisor Workspace is quickly being recognized as it delivers a personalized, performance-centric workspace that helps supervisors and their teams using 8x8 Contact Center to enhance productivity and empower leaders with advanced real-time insights across customer journeys.
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8x8, Inc. (NASDAQ: EGHT) - Dhwani Soni Named Rising Star at UC Awards 2023
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8x8, Inc. will release financial results for Q1 2023 on August 8, 2023. A conference call will be held to discuss the results.
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8x8, Inc. announces the 8x8 Technology Partner Ecosystem, a program that allows organizations to enhance customer experience by integrating AI capabilities into the 8x8 platform. The program offers seamless integrations with more than 30 partners, enabling organizations to surface data, access next-generation technology, and create tailored solutions. The ecosystem members enjoy benefits such as joint go-to-market strategies and new revenue opportunities.
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Leading wine and spirits distributor, Empire Merchants, has deployed 8x8 XCaaS for improved customer experience. The integrated cloud contact center and unified communications platform allows Empire Merchants to focus on delivering excellent customer service and building stronger relationships with their customers and vendors.
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8x8, Inc. has appointed Lisa Martin as Chief Revenue Officer (CRO) to drive and maximize revenue growth. Martin brings over 15 years of experience in the contact center and communications sector, and has a track record of achieving double-digit growth. 8x8 remains committed to expanding its cloud contact center and unified communications platform, investing in AI/ML solutions and delivering superior communications experiences.
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FAQ

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

The current stock price of 8x8 (EGHT) is $2.7 as of December 27, 2024.

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

The market cap of 8x8 (EGHT) is approximately 352.8M.

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.

8x8, Inc.

Nasdaq:EGHT

EGHT Rankings

EGHT Stock Data

352.78M
127.58M
2.32%
83.87%
5.74%
Software - Application
Services-computer Processing & Data Preparation
Link
United States of America
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