8x8 reports Q4 revenue $179M, FY revenue $729M down 2% YoY; GAAP operating loss improves 58%

8X8 INC /DE/

2024-FY EPS reported -$0.56 revenue$728,705,000

Total revenue Q4 $179.4M vs $184.5M YoY; FY revenue $728.7M, down 2% from $743.9M.
GAAP operating loss FY $27.6M, improvement of 58% vs loss of $66.3M; adjusted EBITDA $121.0M, up 29%.
GAAP net loss Q4 $23.6M vs $9.4M loss YoY; FY net loss $67.6M vs $73.1M loss.
Cash flow from operations FY increased 62% to $79M; year-end cash $117.8M.
Repaid $63.3M of 2024 Notes in Q4; total debt retired in FY2024 $88.3M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

8X8 INC /DE/ reported financial results for the fourth quarter and fiscal year 2024 ended March 31, 2024.

Period: the fourth quarter and fiscal year 2024 ended March 31, 2024
Result: reported results

Exact text from the filing

On May 8, 2024 8x8, Inc. (the "Company") issued a press release announcing its financial results for the quarter and fiscal year ended March 31, 2024.

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Source: SEC EDGAR

accession 0001023731-24-000035

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