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Stock Market & Financial Investment News

News Breaks
March 1, 2013
08:17 EDTEGHT8x8 Inc upgraded at Northland Securities
As previously reported, Northland Securities upgraded 8x8 to Outperform from Market Perform. The firm upgraded shares based on valuation. Price target raised to $8 from $7.50.
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July 30, 2015
08:17 EDTEGHT8x8, Inc. awarded new communications patent by USPTO
8x8, Inc. announced that it has been awarded a new patent related to its communication technologies, along with a patent that was acquired as part of the acquisition of the assets of Quality Software Corporation, which closed on June 18, 2015. On July 28, 2015, the U.S. Patent and Trademark Office issued United States Patent number 9,094,488 entitled “Remote Management of VoIP Device Contact Lists.” The ‘488 patent relates to an apparatus for providing Voice-over-IP services to and configuring contact lists for a plurality of VoIP-enabled devices. As part of the Quality Software Corporation transaction, 8x8 has also acquired United States Patent number 8,811,593 entitled “Call Center Agent Centric Speech Decoding System and Method with Quality Assurance Function.” The ‘593 patent relates to, among other things, displaying questions and answers (Q&A) to a call center agent based upon the decoding of agent speech using a basic Q&A database and an agent database, each with key words or phrases.
July 22, 2015
16:13 EDTEGHT8x8, Inc. backs FY16 revenue view $202M-$206M, consensus $203.36M
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16:12 EDTEGHT8x8, Inc. reports Q1 EPS ex one time payment 4c, consensus 3c
Reports Q1 revenue $47.9M, consensus $46.31M. Excluding a one-time technology license payment, revenue increased 23% year over year to $46.7M. The company reported a one-time $1.2M accelerated technology license payment during Q1. Average monthly service revenue per business customer increased 20% to $353, compared with $293 in the same period last year.

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