secwatch.observer — SEC 8-K summary
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Issuer:     8X8 INC /DE/ (EGHT)
CIK:        0001023731
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0001023731-22-000159
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023731/000102373122000159/0001023731-22-000159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023731/000102373122000159/eght-20220721.htm
  HTML page:      https://secwatch.observer/filing/0001023731-22-000159

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer