---
schema_version: "secwatch.filing_event.v1"
accession: "0001023731-24-000071"
form_type: "8-K"
ticker: "EGHT"
cik: "0001023731"
company_name: "8X8 INC /DE/"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:33:14.004768+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001023731-24-000071
- form_type: 8-K
- ticker: EGHT
- cik: 0001023731
- company_name: 8X8 INC /DE/
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023731/000102373124000071/0001023731-24-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023731/000102373124000071/eght-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001023731-24-000071
- JSON: https://secwatch.observer/filing/0001023731-24-000071.json
- Plain text: https://secwatch.observer/filing/0001023731-24-000071.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.