8x8 Q1 FY2023 revenue up 26% to $187.6M; non-GAAP operating profit $10.1M; Enterprise ARR up 54%

8X8 INC /DE/

2023-Q1 EPS reported -$0.22 revenue$187,620,000

Total revenue $187.6M (+26% YoY); service revenue $179.2M (+30% YoY). GAAP operating loss narrowed to $26.8M from $38.8M.
Enterprise ARR $403M (+54% YoY); total ARR $688M (+28%). 1,277 customers with ARR >$100k, up from 824.
Cash from operations $5.8M vs $4.0M YoY; cash & investments $143M as of June 30.
Q2 FY2023 guidance: total revenue $189M-$191M, service revenue $181M-$183M, non-GAAP op margin 5-6%.
CHRO Stephanie Garcia resigns effective Aug 5; Suzy Seandel appointed principal accounting officer with $340k base salary plus RSUs.

item 2.02 item 5.02 item 9.01

Executive movements

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Departed

Stephanie Garcia

Chief Human Resources Officer

EGHT · 8X8 INC /DE/

Effective: 2022-08-05
Filed: July 27, 2022, 7:59 PM ET

On July 25, 2022, Stephanie Garcia notified 8x8, Inc. (the “Company”) of her decision to resign as Chief Human Resources Officer (“CHRO”), effective August 5, 2022

Appointed

Suzy Seandel

Principal Accounting Officer

EGHT · 8X8 INC /DE/

Effective: 2022-07-21
Filed: July 27, 2022, 7:59 PM ET

On July 21, 2022 , Suzy Seandel, Chief Accounting Officer of the Company, was appointed to the role of principal accounting officer and will serve as the Company’s principal accounting officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Stephanie Garcia resigned as Chief Human Resources Officer at 8X8 INC /DE/.

Action: resigned
Role: Chief Human Resources Officer

Exact text from the filing

On July 25, 2022, Stephanie Garcia notified 8x8, Inc. (the “Company”) of her decision to resign as Chief Human Resources Officer (“CHRO”), effective August 5, 2022

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Suzy Seandel was appointed as Principal Accounting Officer at 8X8 INC /DE/.

Action: appointed
Role: Principal Accounting Officer

Exact text from the filing

On July 21, 2022 , Suzy Seandel, Chief Accounting Officer of the Company, was appointed to the role of principal accounting officer and will serve as the Company’s principal accounting officer.

View on SEC.gov

8X8 INC /DE/ filing history →

Source: SEC EDGAR

accession 0001023731-22-000159

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