8x8 inc (EGT) Details
8x8, Inc. develops and markets telecommunications services for Internet protocol (IP), telephony, and video applications. It also offers contact center, Web-based conferencing, and unified communications services, as well as cloud-based computing services. The company provides the 8x8 Virtual Office, a hosted private branch exchange service targeting the small and medium-sized business market; the 8x8 Virtual Contact Center service, an integrated hosted call center solution that works with various broadband Internet connections and offers enterprise class contact center functionality combined with Virtual Office calling features; the 8x8 Virtual Office Pro unified communications solution that allows subscribers to manage business communications functions online through a centralized Web-based portal through a PC, laptop, tablet, or smart phone; and the 8x8 managed hosting and cloud-based computing solutions for business customers. In addition, it offers the 8x8 IP Telephones, such as various models of Polycom IP phones and speakerphones featuring high definition HD audio, corporate directory display and lookup, intercom paging, shared line appearance, and power over Ethernet. The company markets its services under the 8x8 brand to end users through direct sales force, Website, and third party resellers primarily in the United States. As of March 31, 2012, it had approximately 28,500 business customers. 8x8, Inc. was founded in 1987 and is headquartered in San Jose, California.
8x8 inc (EGT) Top Compensated Officers
Executive Chairman and Chief Executive Office...
Total Annual Compensation: $300.0K
Total Annual Compensation: $245.0K
Chief Financial officer, Principal Accounting...
Total Annual Compensation: $280.0K
Chief Marketing Officer and Vice President of...
Total Annual Compensation: $235.0K
Vice President of Business & Channel Developm...
Total Annual Compensation: $235.0K
Compensation as of Fiscal Year 2012.
8x8 Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2013
May 22 13
8x8 Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, the company reported total revenue was $28,651,000 compared to $24,199,000 for the same period a year ago. Income from operations was $3,653,000 compared to $2,156,000 for the same period a year ago. Income before income taxes was $3,668,000 compared to $1,793,000 for the same period a year ago. Net income was $1,661,000 or $0.02 per diluted share compared to $63,863,000 or $0.87 per diluted share for the same period a year ago. Non-GAAP net income was $3,809,000 or $0.05 per diluted share compared to $2,995,000 or $0.04 per diluted share for the same period a year ago. Capital expenditures for the fourth quarter were 1.5% of revenue.
For the full year, the company reported total revenue was $107,614,000 compared to $85,803,000 for the same period a year ago. Income from operations was $23,567,000 compared to $7,179,000 for the same period a year ago. Income before income taxes was $23,672,000 compared to $6,874,000 for the same period a year ago. Net income was $13,939,000 or $0.19 per diluted share compared to $69,228,000 or $0.99 per diluted share for the same period a year ago. Net cash provided by operating activities was $31,788,000 compared to $9,211,000 for the same period a year ago. Purchase of property and equipment was $5,678,000 compared to $2,300,000 for the same period a year ago. Non-GAAP net income was $14,684,000 or $0.20 per diluted share compared to $10,335,000 or $0.15 per diluted share for the same period a year ago.
8x8 Inc. Appoints Ben Taft as Vice President of Inside Sales
May 2 13
8x8 Inc. announced the appointment of Ben Taft to the position of Vice President of Inside Sales, reporting to company's President Kim Niederman. As Vice President of Inside Sales, Taft will manage sales organization, building upon existing industry-defining programs, initiatives and practices while working in tandem with marketing, product development and customer support to maintain the company's market position in the hosted PBX and unified communications industry. An accomplished B2B technology sales, marketing and business development executive with over 15 years experience, Taft most recently served as Senior Director, Global Sales Strategy & Transformation at Brocade where he constructed and managed the strategy for sales and customer engagement employed by a worldwide sales organization.
8x8 Inc. Upgrades Virtual Contact Center to Enhance Agent Productivity and the Customer Service Experience
Apr 26 13
8x8 Inc. announced the release of Virtual Contact Center 7.1, an upgraded version of its hosted call center software service with new features designed to improve the efficiency of agents and to facilitate the administration of larger contact centers. 8x8 Virtual Contact Center is a cloud-based call center solution that is offered as either a standalone service or an integrated component of the 8x8 Virtual Office hosted PBX business phone system. Ideal for small to mid-sized call center organizations or call center departments within larger enterprises, Virtual Contact Center offers rapid start-up and provisioning (hours or days versus weeks or months), ease of use (set-up and management by call center administration, not IT) and a patented Advanced Virtual Tenant Architecture (AVTA) designed to deliver industry-leading reliability. The Virtual Contact Center 7.1 release offers features and enhancements that impact all users of the Virtual Contact Center including Administrators, Supervisors and Agents. These include: New, out-of-the-box CRM support for Zoho (in addition to Microsoft Dynamics ZenDesk, Salesforce and NetSuite) plus enhanced CRM integration with NetSuite; Configuration Manager functionality now allows multiple administrators with customizable privileges offering better security and control; Configuration Manager presentation enhancements including sorting, filtering and grouping tenant data; Agent interaction refinements including shortcuts, forced transaction codes, and recording pause; Refined Caller ID controls to allow agent-by-agent selection of outgoing Caller ID; Roles-based management to add granular system security and control; Enhancements for creating and editing IVR scripts; Configuration user interface improvements increase presentation options to ease the management of larger contact centers; New support for Microsoft Dynamics authentication through Office 365, enabling single sign-on functionality; New scheduling options for IVR routing and services. Virtual Contact Center 7.1 is available now and has already been provided free of charge to existing customers of 8x8 Virtual Contact Center services. 8x8's cloud based infrastructure enables customers to receive the benefits of the upgrade process without any downtime, enabling complete business continuity.