8x8 Q1 revenue $178.1M, repays $225M term loan early; net loss improves

8X8 INC /DE/

2025-Q1 EPS reported -$0.08 revenue$178,147,000

Total revenue $178.1M (-2.8% YoY); service revenue $172.8M (-1.4% YoY); both within guidance.
GAAP net loss improved to $10.3M from $15.3M; non-GAAP net income $10.4M vs $15.5M.
Adjusted EBITDA $25.8M vs $33.8M prior year, down 24%.
Early repaid entire $225M term loan due 2027 using $200M new bank loan and $29M cash; debt reduced $146M since Aug 2022.
Appointed Andrew Burton (commercetools CEO) to board as independent director.

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