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EGHT: $20.90 up 7.18% in after hours. Volume 16,583. Highly unusual after hour retail activity. $20.25 is the 52 week high.
EGHT: Very unusual after hour bump up to $19.75. I rarely see EGHT after market activity, volume 11,465. Something has someone excited in the retail sector.
8x8 Awards speak for themselves. https://www.8x8.com/about-us/awards
One of the World’s Largest Cigar Companies, Swisher International, Selects 8x8 to Enhance Global Communications, Collaboration and contact center solution.
https://ih.advfn.com/p.php?pid=nmona&article=76689289
This news is very significant in my opinion. It is worth repeating the awareness of this game changing news.
Stock symbol EGHT (8x8)
My Opinion.
The NEW 8x8 Virtual Office Meetings An Overview - RECUT
I like your $35 or better figure. I myself have accumulated and held for a long time also. Expect more excitement as Enterprise companies select 8x8 for services.
MY OPINION.
Nice to hear from you.
TechKim, you've been here for years! And so have i since 2011..just seldom visit to post..Stuck my $3500 EGHT investment under the pillow ..EGHT not sexy, makes little news...but just keeps creeping upward.. 500%+ gains good stuff...EGHT stays under pillow until $35....gl
Very strong against the down wave. Impressive. $20
EGHT will close at new high today above $20.
One million companies 8x8 may very well now have an in with, by hiring Hunter Middleton, Ph.D. "was the Head of Product Management at Google for Work Systems, and formerly led the Google Apps Enterprise product team as it grew to serve over one million companies worldwide"
Read article. https://finance.yahoo.com/news/former-google-g-suite-product-133000537.html
OPINION: 8x8 may very well be turning on the customer growth accelerator . Of course time will tell, but it is likely.
Average 25 day volume is 1.1m, reflecting today's volume 1.01m.
High praise for another 52 week high of $19.75, closing at $19.65
:)
Very interesting bio and background for Christopher Peters.
Christopher Peters
Global Channel Chief, Global Channel Sales, 8x8, Inc.
https://www.crn.com/channel-chiefs/cc2018-details.htm?c=1&wc=4
This article may help an investor going forward in my opinion.
New 52-week highs next week for sure. EGHT expanding quickly.
Feb 27, 2018, Morgan Stanley Technology, Media & Telecom Conference
This should stir the investment community up a bit. There are many who only had known 8x8 as a small company. When they see and hear the level of growth and the global expansion I would tend to think some older influenced investors who had shied away from investing in EGHT. Will be taking a big second look. I think we are in a good position going into this conference. Will have to wait and see.
Swisher International is a very huge enterprise customer. You might say that EGHT has earned some bragging rights for this deal. The business plan is in order and appears organized ahead of schedule producing this tremendous customer.
Very impressive.
One of the World’s Largest Cigar Companies, Swisher International, Selects 8x8 to Enhance Global Communications, Collaboration and Customer Engagement
Business Wire Business WireFebruary 12, 2018
SAN JOSE, Calif.--(BUSINESS WIRE)--
8x8, Inc. (EGHT), a leading provider of global cloud communications and customer engagement solutions, today announced it has been selected by Swisher International, Inc., one of the world’s largest cigar companies, to enhance communications and collaboration across its 1,300-employee global organization in order to deliver exceptional customer experiences.
Swisher International, headquartered in Jacksonville, Florida with manufacturing facilities in Wheeling, West Virginia and Santiago, Dominican Republic, exports cigar products to over 80 countries. With globally distributed employees, partners and customers, the company realized it needed to replace disparate cloud systems with a modern, unified cloud communications, collaboration and contact center solution to enable a higher level of customer engagement and accelerate the next phase of global growth.
“Everyone at Swisher is involved in providing an excellent customer experience from the world class manufacturing and operations team to the record breaking sales team. Our fragmented communications systems were difficult to manage, lacked critical features, and were plagued by dropped calls and poor voice quality, which seriously impacted the level of service we could provide customers,” said Eric Tewey, Vice President, Information Technology at Swisher International, Inc. “In order to enhance customer experience and take our business to the next level, it was important for us to partner with a provider we can truly trust. 8x8 delivers on all fronts, providing Swisher with great customer support, proven voice quality and world-class communications, collaboration and contact center services at a global scale.”
After extensive review of cloud solutions, Swisher selected the easy to deploy and manage, integrated 8x8 Virtual Office and 8x8 Virtual Contact Center solutions, which will allow Swisher International employees, partners and customers to seamlessly communicate, collaborate and engage across all of its global locations at any time on any device or channel. Swisher chose 8x8 for its:
Superior 24/7 follow-the-sun customer service and support
Highest audio voice quality (1)
Comprehensive contact center, telephony, video, conferencing and collaboration features with a single set of data and analytics platform
Global reach and network
Tight integration to systems of records
“As we enter the third wave of enterprise communications, more and more companies recognize that an integrated cloud communications, collaboration and contact center solution can provide them with a distinct competitive advantage and enhance both employee and customer engagement,” said Scott Sampson, Senior Vice President of Midmarket & Enterprise at 8x8, Inc. “We are excited to work closely with Swisher as it transforms the customer experience to drive positive business outcomes.”
About 8x8, Inc.
8x8, Inc. (EGHT) is a leading provider of global cloud communications and customer engagement solutions to over a million business users worldwide, empowering them to deliver exceptional customer experiences. For additional information, visit www.8x8.com, or follow 8x8 on LinkedIn, Twitter, and Facebook.
(1) In its report “Analysis of Cloud Communications VoIP Quality Under Normal and Adverse Network Conditions” (May 25, 2017), the Tolly Group tested the voice quality of solutions offered by several leading cloud communications vendors under a range of network conditions and determined that the 8x8 Virtual Office solution delivered the best voice quality in a majority of the test cases.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180212005394/en/
EGHT heading for a new 52-week high. Looking very very good here.
EGHT hitting $18.35! Weeeeeeeeeeeeeeeeeeeeeeeeeeee!
BofAML announced it had changed its price objective on EGHT from $19 to $22 on 01/26/2018
EGHT announced earnings of $0.02 on 01/25/2018
BofAML changed its earnings estimate on EGHT on 01/26/2018
Personally, I think EGHT is long overdue for a better share value. 45 channel partners cannot be wrong, someone has to be doing something right to have such a large group believe in all one company products and services. Must remember those channeled partners have their own business reputations to build also. So 8x8 has to be on top of their game to deliver reputation.
One highlight that should also be mentioned is that EGHT can bundle many services, where in most cases the competition cannot do it as well. That puts EGHT over the top.
The conference call was chucked full of ENTERPRISE and MID MARKET boasting.
The new business plan is barely in motion and the activity is tremendous already. After hearing some of the customer numbers. I am sure 8x8 is really getting noticed by those who have commanded the center of attention in the communication industry.
OPINION
Afterhours was a great trade. Sold at $17.50 to $17.60. Not sure what will happen tomorrow AM it could run higher.
As of September 30, 2017, there were approximately 91,953,596 shares of Common Stock outstanding (Posted as an update only)
Check this out 8x8 Building #1 if you scroll down
http://www.colemanhighline.com/construction/
Video of 8x8 new home area (COLEMAN HIGHLINE, San Jose, CA_Oct.2014)
"eleventh consecutive quarter for subscriber seats"
Count them 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, and 11 quarters. Not days or weeks, but quarters. Simply magnificent.
"Synergy Research Group named 8x8 as the global leader for the eleventh consecutive quarter for subscriber seats in the combined midmarket (101-1000 users) and enterprise (1001+ users) segments of the Unified Communications as a Service (UCaaS) market,
https://ih.advfn.com/p.php?pid=nmona&article=76520840&symbol=EGHT
Now that 8x8 has reached Enterprise services. You may find it even more interesting, once the Enterprise customer level momentum gets rolling. A business plan is in place. I would say, as the business plan unfolds into actual generating income. We should be seeing some real interesting share valuations.
8x8 is for the smallest of the smallest to the largest of the largest customers. That makes it a good service partner if your a small business and growing, and even maybe growing into an Enterprise level customer. 8x8 a company from bottom to top for all their customers.
Bought EGHT 5 years ago for $3.50..tucked it under my pillow...been a dandy...not fancy, not sexy, just a choo choo train that keeps on chuggin'...No intention of selling anytime soon..
BlackRock Fund Advisors, 10,251,358 shares held.
$16! Little gem in the pile has been found. Overweight.
8X8 Raised to Overweight From Equal-Weight by Morgan Stanley
January 17, 2018
07:37 AM ET
Toot Toot! The bull horns are getting warmed up to blow!
Touching $15, but $25 is well deserving. But it appears I am one of the few that think so. Big money investors (sellers)seemingly are not allowing EGHT to play in the BULL game. Enthusiasm remains waned.
0n 01/11/2017 share price $14.80. Today 01/11/2018 $14.92 at the hour.
$0.12 on an invested share for a year long
EGHT showing some relative strength today. Nice.
8x8 Fuels Growth for Global Recruiting Agency
I wonder if the company is still looking for a buyer? It has been sometime, but no one has offered the correct asking price. I am curious what that asking price per share is. Maybe that is why things have been somewhat quite in my opinion. Of course there has been a switch in investor relations personnel of late.
Anyhow I trust 8x8 has been working on Enterprise tier customers since implementing their new business plan.
The Company's authorized capital stock consists of 200,000,000 shares of Common Stock, and 5,000,000 shares of preferred stock, par value $0.001. As of September 30, 2017, there were approximately 91,953,596 shares of Common Stock outstanding and no shares of Preferred Stock outstanding.
Well I see in my absence of posting, after my long tenure as 8x8 IHUB moderator I have been removed by IHUB. Oh well! Will have to get back to work.
You ain't seen nothin' yet
Anders Bylund (8x8): If you want to match Costco's extraordinary returns starting from the early 1980s, you have to start with a small business, largely unknown, that isn't an obvious winner yet. In 1982, Costco had yet to open its first store and the Price Club merger that made it a public company was more than a decade ahead.
Enterprise communications specialist 8x8 is the closest I can get to that type of champing-at-the-bit early investment opportunity. Sure, the company has been around since 1987 and joined the public stock market way back in 2002, but the business opportunity in internet-based voice and video communications services feels fresh and almost entirely untapped, even now.
This company's services combine low cost and high quality, thanks to a lean, mean cloud-computing infrastructure. Business is going gangbusters. In the recently reported second quarter, revenues rose 15% year over year, with a 33% surge in service orders from mid-market and enterprise customers.
The company has formed several distribution and cross-selling partnerships, and R&D budgets are rising as fast as the top-line sales. To me, that combination signals a tech company that wants to hang around for the long haul. It's all about innovation and market growth.
8x8's products and services have been gaining traction in the marketplace in recent years, which is why sales and share prices are skyrocketing today. I'll admit that it will be tough to match Costco's legendary long-term returns, but 8x8 could come close.
Anders Bylund, Steve Symington, and Timothy Green, The Motley Fool
Motley FoolOctober 19, 2017
https://finance.yahoo.com/news/3-stocks-look-just-costco-214900772.html
8x8 Appoints Accomplished Industry Executives to Key Strategic Positions Overseeing Company’s Global Sales Organization
October 19, 2017
08:15 AM ETBusiness Wire
8x8 Inc
Latest round of senior leadership hires and promotions completes one of 8x8’s strategic investment initiatives to accelerate sales momentum and revenue growth
SAN JOSE, Calif.--(BUSINESS WIRE)-- 8x8, Inc. (NASDAQ:EGHT), the leading provider of truly unified communications, today announced the appointments of multiple senior executives to the company’s global sales organization. These appointments, combined with the recent strengthening of 8x8’s marketing and engineering organizations, align with the company’s strategic decision to increase its investment in the business to accelerate sales momentum and revenue growth.
“By assembling world-class sales, marketing and engineering teams, 8x8 is maximizing its ability to develop, market, sell and deliver the truly unified communications solutions and services that companies need on a global basis to run their business smarter and faster,” said Vikram Verma, CEO of 8x8. “These latest, high-caliber appointments to our global sales organization underscore the attractiveness of the $50 billion cloud communications market opportunity, and the leadership position 8x8 has earned in the industry. With our senior leadership team now fully in place, we look forward to implementing additional strategic initiatives to accelerate adoption and revenue growth globally across all of our core customer segments.”
As part of the announcement, 8x8 is realigning the company into two business units—Small Business & eCommerce and Midmarket & Enterprise. These two business units, led by new Senior Vice Presidents Samuel Wilson and Scott Sampson respectively, will align sales and delivery, tightly coupled with demand generation, services and support to drive segment revenue, growth and profitability globally. Senior Vice President of Global Sales Puneet Arora will remain at the company through the end of the calendar year to assist in the transition, and both Wilson and Sampson will report directly to 8x8 CEO Vikram Verma. Recent promotions and hires include:
Scott Sampson, Senior Vice President of Midmarket & Enterprise, is responsible for all efforts to expand global midmarket and enterprise sales with a focus on developing and leveraging channel relationships to help drive this consultative sales business. He has more than 25 years of software industry experience with a proven track record of sales success. Sampson was most recently the Chief Revenue Officer at New Voice Media where he had global responsibility for all the company’s sales, channel and marketing functions. He previously held sales executive and management positions at IBM, including Vice President of Worldwide Analytics Platform Sales, a multi-billion-dollar revenue business, and Vice President of Industry Cloud Solutions, North America. While at IBM, Sampson led organizations ranging in size from 150 to 4,000 sales professionals, and was consistently ranked in the top one percent of global sales leadership. Sampson has a B.S. in Computer Science from Northeastern University and an MBA from the Massachusetts Institute of Technology.
Samuel Wilson, Senior Vice President of Small Business & eCommerce, is responsible for all global small business and eCommerce sales, operations and delivery with an aim to accelerate growth and productivity in this high-volume, transactional business. He joins 8x8 from MobileIron where he was instrumental in taking the company public and part of the team that grew annual billings from $26 million to $200 million, including building and leading their eCommerce business. Prior to MobileIron, Wilson spent 14 years in technology banking, both as an analyst covering communications and as an institutional investor. Wilson has a B.S. in Electrical Engineering from Seattle University and an MBA from the University of California, Berkeley.
Rick Boyd, Vice President of North America Midmarket Sales, is responsible for driving customer success in the midmarket, and will work closely with 8x8 marketing and the channel to increase demand generation and sales execution efforts. He brings more than 25 years of selling and management experience to 8x8, and most recently served as Vice President of Client Sales Americas at ShoreTel, where he was responsible for midmarket and enterprise teams. Boyd previously held sales leadership positions at Verisign and Mitel.
Brendan Maree, Vice President of Asia Pacific Sales, is based in Sydney, Australia, and is responsible for expanding on 8x8’s initial success in Australia and New Zealand to grow the company’s presence within the Asia-Pacific region. He joins the company from Interactive Intelligence where he most recently served as Senior Vice President of Japan, Australia and New Zealand, helping the company dramatically increase revenue and market share in the region during his tenure. Maree formerly held sales leadership positions at IPL Communications, Mobile Coverage Solutions and Andrew Corporation.
Promoted to Vice President of North America Enterprise Sales, Kyle DiPentima is now responsible for accelerating growth of 8x8’s enterprise customer business in the U.S. He brings a successful track record of more than 20 years in enterprise sales experience, including previously leading 8x8’s Eastern Region enterprise sales team. Prior to 8x8, DiPentima held sales positions at LivePerson, Kontagent, Oracle, NICE Systems and Careerbuilder.com.
Promoted to Vice President of Europe, the Middle East and Africa (EMEA) Sales, Sharon Maslyn will continue to lead midmarket, enterprise and channel sales in the UK, and is now responsible for all sales efforts throughout Europe, the Middle East and Africa as 8x8 continues its global expansion. She has more than 20 years of sales management experience, and previously held leadership positions at DXI, Relaystation, Verizon and Pitney Bowes.
8x8 now delivers one unified platform for cloud communications, collaboration tools, video conferencing, and contact center solutions to improve IT efficiency and reduce headaches; one seamless communications experience for employees and customers; and one real-time data analytics platform for constant learning and improvement. The company recently launched 8x8 Virtual Office® Editions, a suite of products designed to revolutionize business communications. As part of the launch, 8x8 announced the new 8x8 Virtual Office X8 edition, which offers unified communications, collaboration and contact center in one solution. By eliminating the communications silos that exist due to fragmented solutions, 8x8 Virtual Office X8 allows companies to run their business faster and smarter with a unified solution for efficient and seamless communications and collaboration between employees, partners and customers.
About 8x8, Inc.
8x8, Inc. (NASDAQ:EGHT), the leading provider of truly unified communications, powers over a million business users worldwide. The 8x8 suite of products seamlessly weaves together cloud telephony, messaging, meetings and contact center solutions with a data analytics platform, helping modern organizations communicate at the speed of employee and customer expectations. 8x8 uniquely combines one unified management platform, one seamless communications experience for employees and customers, and one real-time data analytics platform for constant learning and improvement.
8x8® and 8x8 Virtual Office are trademarks of 8x8, Inc.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171019005519/en/
8x8, Inc.
John Sun, 408-692-7054
john.sun@8x8.com
or
InkHouse for 8x8
Kelsey Miller, 415-299-6219
8x8@inkhouse.com
Source: 8x8
Why 8x8, Inc. Shares Fell 12.7% in July
The company is betting the farm on large-scale enterprise customers. Forget the short-term earnings torpedoes and full speed ahead.
Anders Bylund (TMFZahrim)
Aug 1, 2017 at 4:20PM
What happened
Shares of cloud-based communications expert 8x8 (NASDAQ:EGHT) fell 12.7% in July 2017, according to data from S&P Global Market Intelligence.
So what
The main culprit behind 8x8's rough July came at the very end of the month, in the form of a mixed earnings report. The first quarter of fiscal year 2018 saw 8x8's earnings fall by 66% year over year to $0.02 per share while sales increased 15% to land at $69.1 million. Analysts were looking for earnings of $0.03 per share but would have settled for $68.6 million in top-line revenues. Planning ahead, management reiterated 8x8's full-year revenue guidance of approximately $298 million but lowered its pre-tax profit targets from $24 million to $9 million.
The following day, share prices fell as much as 30% on the news before climbing back to a less drastic 12% drop. All told, 9x9 shares have now lost 7% of their value over the last 52 weeks.
Now what
It's true that 8x8's profits are suffering right now, but you could also argue that it's for all the right reasons. The company had an opportunity to pocket a small windfall in the first quarter and continue doing so over the next couple of reporting periods, but management chose to double down on engineering and marketing for the wide-open enterprise class of cloud-based voice communications.
I called this drop a buy-in opportunity last week, and I stand by that call today. 8X8's stock may look expensive right now, but that looks like a temporary trick of the light and a solid buying window.
Conference call and other events link http://investors.8x8.com/events.cfm
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