M&A
confidence high
sentiment negative
materiality 0.80
8x8 files Fuze historical financials: revenue $94.5M, net loss $36.6M for 9M ended Sep 2021
8X8 INC /DE/
- Fuze generated $94.5M revenue with a net loss of $36.6M ($17.5M operating loss) for 9M ended Sep 2021.
- Fuze had $14.6M cash, $118.6M current portion of debt, and an accumulated deficit of $364.2M at Sep 30, 2021.
- Fuze's financial statements include a going concern warning due to need for additional capital.
- Pro forma combined financials provided; Fuze acquired by 8x8 on Jan 18, 2022 as previously announced.