secwatch.observer — SEC 8-K summary
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Issuer:     8X8 INC /DE/ (EGHT)
CIK:        0001023731
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001023731-24-000119
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

8x8 Q2 FY2025 revenue $181M (-2%); GAAP operating profit $7.2M vs loss year ago
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- Total revenue $181M, down 2% YoY; service revenue $175.1M, down 1.5% YoY.
- GAAP net loss $14.5M vs $7.5M loss last year; non-GAAP net income $12.1M (down from $17.1M).
- Adjusted EBITDA $26.7M (down from $30.5M); GAAP operating income of $7.2M vs loss of $2.6M.
- New product sales up >60% YoY, led by AI solutions; Gartner UCaaS Leader 13th consecutive year.
- Retired $33M term loan debt post-quarter, total debt $369M (down 32% over two years).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023731/000102373124000119/0001023731-24-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023731/000102373124000119/eght-20241104.htm
  HTML page:      https://secwatch.observer/filing/0001023731-24-000119

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