EGHT - Sector: Technology---Industry: Communication Equipment

[Amarens]

If that can only be true...

Still holding, 35% loss 

Dumb I know 

Amarens

[m2machine]

Amarens, amore.....is that really you on the picture?.....Oh la la!!

I guess it is not OK to have a crush on fellow posters. I am sorry...I apologize...

[Amarens]

No, it's my sisters picture 

It's okay. Thanks for the implicit compliment.

Amarens

[m2machine]

EGHT is being talked about all over the net. This could be an explosive week for this grossly undervalued and manipulated stock. Technicals suggest breakout any day......I believe that they has come:

http://stock-market-alerts.com/2007/06/04/stock-market-alert-eght-mentioned-in-the-wsj/

[Amarens]

m2machine,

Just out of curiousity, how many shares do you own?

Amarens

[m2machine]

Close to 120,000 shares.

[m2machine]

Nice day for EGHT. In fact, it's been nice last five trading days in a row:


http://stockcharts.com/charts/gallery.html?eght

[topogigio]

I like this story. I will do more research but I believe there is significant upside potential with this stock.

[m2machine]

Hey Topogigio,

Did you get in today?

EGHT is looking really strong today. Great start of a trading week.

There are 5M short shares that will eventually have to cover. I believe that will occur soon

[setravis]

8x8 Board of Directors Increases Share Repurchase Program...

SUNNYVALE, Calif., Aug 31, 2010 (GlobeNewswire via COMTEX) -- 8x8, Inc. (EGHT), provider of innovative business communications solutions, today announced that its Board of Directors has authorized an increase in its share repurchase program from $2 million to $3 million to buyback shares of the Company's stock. The Company will continue to repurchase shares during its regularly scheduled open trading window, which is typically the middle five weeks of each quarter, and will establish a 10b-5 plan that will permit buyback of shares at times other than when the scheduled window is open.

Share repurchases, if any, will be funded with available cash. Repurchases of the Company's common stock may be made through open market purchases at prevailing market prices or in privately negotiated transactions. The timing, volume and nature of share repurchases are subject to market prices and conditions, applicable securities laws and other factors, and are at the discretion of the Company's management. Share repurchases may be commenced, suspended or discontinued at any time.

"With zero debt and a healthy cash reserve that has grown 11 of the past 12 quarters, 8x8 is well positioned to take advantage of the opportunity that currently exists in the market to repurchase the Company's stock," said 8x8 Chairman & CEO Bryan Martin.

During the month of August 2010, 8x8 repurchased 492,970 shares for $698,355 under the existing stock repurchase program. These amounts are in addition to the 380,076 shares the Company repurchased for $331,802 through June 30, 2010. At the close of the June quarter, 8x8 reported $18.1 million in cash and cash equivalents and no debt.

About 8x8, Inc.

8x8, Inc. (EGHT, Trade ) leverages its patented software technologies to deliver high quality voice solutions and integrated messaging and video to businesses of any size with employees in any locations on a wide variety of business telephony, web and mobile platforms. 8x8 also offers managed hosting and cloud-based computing services. For additional information, visit www.8x8.com .

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934. These statements include, without limitation, information about future events based on current expectations, potential product development efforts, near and long-term objectives, potential new business, strategies, organization changes, changing markets, future business performance and outlook. Such statements are predictions only, and actual events or results could differ materially from those made in any forward-looking statements due to a number of risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to, customer acceptance and demand for our products and services, the reliability of our services, the prices for our services, customer renewal rates, customer acquisition costs, actions by our competitors, including price reductions for their telephone services, potential federal and state regulatory actions, compliance costs, potential warranty claims and product defects, our needs for and the availability of adequate working capital, our ability to innovate technologically, the timely supply of products by our contract manufacturers, potential future intellectual property infringement claims that could adversely affect our business and operating results, and our ability to retain our listing on the NASDAQ Capital Market. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's reports on Forms 10-K and 10-Q, as well as other reports that 8x8, Inc. files from time to time with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and 8x8, Inc. undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: 8x8 Inc.


CONTACT:  8x8, Inc.
Joan Citelli
(408) 654-0970
[email protected]


Technicals
Percentage Gainer

Last Price Quote is:
10.96%above 13-day MA
13.51%above 50-day MA
RS Rating: 92 

[setravis]

8x8 Partners With Polycom to Offer IP Telephony Solutions...

SUNNYVALE, Calif., Oct 14, 2010 (GlobeNewswire via COMTEX) -- 8x8, Inc. (EGHT), provider of innovative cloud communications and computing solutions, today announced it has signed a partnership agreement with Polycom, Inc., a global leader in unified communications, enabling it to offer Polycom's IP telephony and conferencing solutions to 8x8 Virtual Office hosted VoIP (Voice over Internet Protocol) subscribers.

8x8's initial offering features the Polycom SoundPoint(R) IP 335 desk phone. The SoundPoint IP 335 is a high quality, entry-level SIP phone that seamlessly integrates with 8x8's systems to deliver advanced telephony features such as auto attendant, voicemail, Caller ID, call forwarding, conference bridge and Polycom HD Voice(TM) at an affordable cost. In addition to providing a great customer experience, these phones also include a capability called Voice Quality Monitoring (VQMON), which gives 8x8 the ability to monitor in real-time the quality of a customer's call. This feature helps 8x8 quickly diagnose customer issues, provide faster problem resolution and ultimately deliver better service. 8x8 will be introducing additional SoundPoint IP desktop phones, SoundStation(R) IP conference phones and Polycom KIRK(R) wireless phones and accessories in the coming weeks and months.

"8x8 is very pleased to be working with Polycom as we fulfill our separate, but common, commitment to deliver affordable, high quality voice solutions to businesses of all sizes," said 8x8 Chairman & CEO Bryan Martin. "Polycom's reliable, cutting edge offerings will be a valuable addition to our IP phone portfolio and a tremendous vehicle for enabling our Virtual Office customers to experience and benefit from technological advancements such as HD Voice."

"8x8 has established itself as an innovative and successful provider of hosted PBX and unified communications services and we look forward to working together to offer cost-effective, high-quality voice solutions," said Jim Kruger, Polycom vice president of Solutions Product Marketing. "With more and more businesses gravitating toward cloud-based solutions, features like HD voice, integration with key business applications, and other powerful IP-enabled features have become an increasingly important component of any communications solution."

The Polycom SoundPoint IP 335 desktop phone is available now with 8x8's mainstream Virtual Office service plans and can be ordered directly from 8x8 by calling 866-879-8647. Additional information can be found at - http://www.8x8.com/BusinessSolutions/Equipment/IPPhones.aspx .

About 8x8, Inc.

8x8, Inc. (EGHT) leverages its patented software technologies to deliver high quality voice solutions and integrated messaging and video to businesses of any size with employees in any location on a wide variety of business telephony, web and mobile platforms. 8x8 also offers managed hosting and cloud-based computing services. For additional information, visit www.8x8.com .

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: 8x8 Inc.


CONTACT: 8x8, Inc.
Joan Citelli
(408) 654-0970
[email protected]

[setravis]

8x8, Inc. Ranked One of Fastest Growing Companies in...

SUNNYVALE, Calif., Oct 20, 2010 (GlobeNewswire via COMTEX) -- 8x8, Inc. (EGHT), provider of innovative cloud communications and computing solutions, today announced that it ranked 214 on Technology Fast 500(TM), Deloitte's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005--2009. 8x8 grew 464% percent during this period.

8x8 Chairman & Chief Executive Officer Bryan Martin credits the economic and productivity benefits its cloud communications solutions provide to businesses, along with the company's reputation as one of the most established and successful providers in the industry, with the company's 464% revenue growth.

"Being named, once again, to the Deloitte Technology Fast 500 is an acknowledgment of the continued success of 8x8's business model and validation of our mission to help businesses realize the many financial and productivity advantages of our VoIP phone services and other cloud communications solutions," said Mr. Martin. "8x8's recognized technological expertise, longevity in the market and razor focus on delivering high quality, reliable services coupled with outstanding customer support have greatly contributed to our success and will continue to serve the company well going forward."

"8x8 and the other 2010 Technology Fast 500(TM) winners forged ahead in a challenging economic environment to realize exceptional growth," said Phil Asmundson, vice chairman and Deloitte's U.S. technology, media and telecommunications leader. "Deloitte commends 8x8 for this impressive accomplishment."

"8x8 has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500(TM)," said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP.

For additional detail on the Technology Fast 500(TM) including selection and qualifying criteria, visit www.fast500.com .

About 8x8, Inc.

8x8, Inc. (EGHT) leverages its patented software technologies to deliver high quality voice solutions and integrated messaging and video to businesses of any size with employees in any location on a wide variety of business telephony, web and mobile platforms. 8x8 also offers managed hosting and cloud-based computing services. For additional information, visit www.8x8.com .

As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: 8x8 Inc.


CONTACT: 8x8, Inc.
Joan Citelli
(408) 654-0970
[email protected]

[setravis]

8x8, Inc. Announces Record Second Quarter Fiscal 2011...

SUNNYVALE, Calif., Oct 20, 2010 (GlobeNewswire via COMTEX) -- 8x8, Inc. (EGHT), provider of innovative business communications solutions, today announced financial operating results for the second quarter of fiscal 2011 ended September 30, 2010.

Total revenue for the second quarter of fiscal 2011 was $17.4 million, an increase of 8% compared to revenue of $16 million for the same period of fiscal 2010. Total revenue for the six-month period ended September 30, 2010 was $34.2 million, an increase of 8% compared to revenue of $31.6 million for the same period of fiscal 2010.

Net income for the second quarter of fiscal 2011 was $2 million, or $0.03 per share, an increase of 47% compared to net income of $1.3 million, or $0.02 per share, for the same period last year. Net income for the six-month period ended September 30, 2010 was $3 million, an increase of 71% compared to net income of $1.8 million for the same period of fiscal 2010.

Business customer churn decreased to 2.2%, compared to a churn rate of 2.7% for the same period last year. The Company ended the quarter with 22,167 business customers, up from 18,199 customers a year ago.

"The second quarter of fiscal 2011 was 8x8's strongest quarter ever and a pivotal period for the company and its shareholders as our business voice and managed hosting services delivered the highest revenue and net income levels in the Company's history as a publicly traded entity," said 8x8 Chairman and CEO Bryan Martin. "The record-setting results we reported this quarter, including the reduction in churn to the lowest level in 8x8's history, are a testament to the value our services are delivering to small and medium-sized businesses and a manifestation of the operational efficiency of our business model. In addition to these accomplishments, our results this quarter are a clear indication that a significant portion of each new dollar of recurring revenue is now falling directly to the bottom line due to our migration to higher margin revenue and the ongoing optimization of our cost structure."

During the second quarter of fiscal 2011 ended September 30, 2010, 8x8 repurchased 1,565,713 shares of its common stock under its share repurchase program at an average share price of $1.70 and a total cost of $2,668,182. Between July 2009 and September 30, 2010, the Company repurchased 1,945,789 shares at an average share price of $1.54 and a total cost of $2,999,984. 8x8 ended the second quarter of fiscal 2011 with $17.9 million in cash and cash equivalents.

With the completion of the initial share repurchase program, 8x8's Board of Directors approved a new share repurchase plan on October 19, 2010, authorizing the Company to repurchase up to $10 million of its outstanding common stock from time to time until October 19, 2011. Share repurchases, if any, will be funded with available cash. Repurchases of the Company's common stock may be made through open market purchases at prevailing market prices or in privately negotiated transactions. The timing, volume and nature of share repurchases are subject to market prices and conditions, applicable securities laws and other factors, and are at the discretion of the Company's management. Share repurchases may be commenced, suspended or discontinued at any time.

Q2FY'11 Business Highlights:


  --  Grew top line revenue to a record $17.4 million, up 3% from $16.8
      million for the previous quarter and 8% from $16 million for the same
      period of fiscal 2010
  --  Posted net income of $2 million, or $0.03 per share, compared to $1
      million, or $0.02 per share, for the prior quarter and $1.3 million, or
      $0.02 per share, for the same period last year
  --  Reported record operating income of $2 million, up 132% compared
      sequentially to operating income of $842,000 in the first fiscal quarter
      and 41% compared to $1.4 million in the same period last year
  --  Reported operating margin of 11% compared to 5% in the previous quarter
      and 9% in the same period last year
  --  Reduced customer churn to 2.2% compared to 2.5% in the previous quarter
      and 2.7% in the same period last year
  --  Repurchased 1,565,713 shares of its common stock under its share
      repurchase program at an average share price of $1.70 and a total cost
      of $2,668,182. As of September 30, 2010, the company had 62,570,250
      shares outstanding
  --  Approved new share repurchase plan in the amount of $10 million,
      bringing to $13 million the total dollar amount in the Company's stock
      repurchase plans since July 2009
  --  Added an East coast data center location to service the Washington, DC
      area
  --  Completed enhancements to 8x8's unified communications solution, which
      was released on October 4, 2010 as 8x8 Virtual Office Pro 2.0





Management will host a conference call to discuss these results and other matters related to the Company's business today, October 20, 2010, at 4:30 p.m. ET. The call is accessible via the following numbers and webcast links:


  Dial In:        (877) 843-0417, domestic
                  (408) 427-3791, international
  Replay          (800) 642-1687, domestic - ID 14748404
                  (706) 645-9291, international - ID 14748404
  Webcast:       
                              http://investors.8x8.com/
                           
  Additional
   presentation   
                              http://virtualmeeting.8x8.com/Q2FY2011Earnin
                           
   materials:     gs




Supplemental financial slides will be presented through 8x8's Virtual Meeting web conferencing portal, which can be accessed at: http://virtualmeeting.8x8.com/Q2FY2011Earnings

About 8x8, Inc.

8x8, Inc. (EGHT, Trade ) leverages its patented software technologies to deliver high quality voice solutions and integrated messaging and video to businesses of any size with employees in any location on a wide variety of business telephony, web and mobile platforms. 8x8 also offers managed hosting and cloud-based computing services. For additional information, visit www.8x8.com .

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934. These statements include, without limitation, information about future events based on current expectations, potential product development efforts, near and long-term objectives, potential new business, strategies, organization changes, changing markets, future business performance and outlook. Such statements are predictions only, and actual events or results could differ materially from those made in any forward-looking statements due to a number of risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to, customer acceptance and demand for our products and services, the reliability of our services, the prices for our services, customer renewal rates, customer acquisition costs, actions by our competitors, including price reductions for their telephone services, potential federal and state regulatory actions, compliance costs, potential warranty claims and product defects, our needs for and the availability of adequate working capital, our ability to innovate technologically, the timely supply of products by our contract manufacturers, potential future intellectual property infringement claims that could adversely affect our business and operating results, and our ability to retain our listing on the NASDAQ Capital Market. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's reports on Forms 10-K and 10-Q, as well as other reports that 8x8, Inc. files from time to time with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and 8x8, Inc. undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: 8x8 Inc.


CONTACT:  8x8 Inc.
Investor Relations Contact:
Joan Citelli
(408) 654-0970
[email protected]

[setravis]

Forward guidance is strong and the company is growing nicely...


Day's Range: 2.51 - 2.72
52wk Range: 1.05 - 2.72
Volume: 1,419,630
Avg Vol (3m): 516,723
Market Cap: 172.24M
P/E (ttm): 38.71
EPS (ttm): 0.07
Div & Yield: N/A (N/A)


Technicals
Record Price High
Percentage Gainer

Last Price Quote is:
15.06%above 13-day MA
36.86%above 50-day MA
RS Rating: 97 

[setravis]

EGHT  8x8 to Present at Upcoming Investor Conferences...

SUNNYVALE, Calif., Oct 26, 2010 (GlobeNewswire via COMTEX) -- 8x8, Inc. (EGHT), provider of innovative business communications solutions, today announced that Chairman and Chief Executive Officer Bryan Martin will present at the following investor conferences during the month of November 2010:


  --  40th Annual TechAmerica AeA Classic Financial Conference
Manchester Grand Hyatt; San Diego, CA
Tuesday, November 9, 2010;
      8:30 am -- 4:45 pm PT

  --  Deutsche Bank Securities 2010 Media & Telecommunications Conference
Breakers Hotel; Palm Beach, FL
Wednesday, November 17, 2010; 3:30
      pm ET


At the 40th Annual TechAmerica AeA Classic Financial Conference, Mr. Martin will update investors on the company's recent financial performance, business developments and growth opportunities in small group sessions to be held every 30 minutes throughout the day. At the Deutsche Bank Securities 2010 Media & Telecommunications Conference, Mr. Martin will serve as a member on a special panel focused on the VoIP industry and will also meet with investors in individual one on one sessions.

About 8x8, Inc.

8x8, Inc. (EGHT, Trade ) leverages its patented software technologies to deliver high quality voice solutions and integrated messaging and video to businesses of any size with employees in any location on a wide variety of business telephony, web and mobile platforms. 8x8 also offers managed hosting and cloud-based computing services. For additional information, visit www.8x8.com .

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: 8x8, Inc.


CONTACT:  8x8, Inc.
Joan Citelli
(408) 654-0970
[email protected]