Kevin Kraus Sells Shares of 8x8, Inc. $EGHT
Key Points
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Kevin Kraus, Chief Financial Officer at 8x8, Inc. ($EGHT), sold 17,854 shares at an average price of $1.77, for a total transaction of $31,601.58. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
8x8, Inc. Stock Down 9.0%
Shares of 8x8, Inc. ($EGHT) traded around $1.81 on Wednesday, down 9.0% for the day.
8x8, Inc. Earnings
Analysts Set New Price Targets
About 8x8, Inc.
8x8, Inc. provides contact center, voice, video, chat, and enterprise-class application programmable interface (API) solutions worldwide. The company offers 8x8 Work, a unified communications-as-a-service solution that enable collaboration and business continuity across voice, video, chat, and messaging; and 8x8 Contact Center is a cloud-based contact center-as-a-service solution that customer engagement across voice, chat, email, and digital channels. It also provides 8x8 Engage, which extends digital engagement tools to non-traditional customer-facing employees-sales, field service, finance-enabling to deliver AI-informed customer experiences at desk, in the field or on the go; 8x8 Communications APIs, a communications-as-a-service solutions that allow businesses to embed communications directly into digital experiences via communications APIs, including voice, SMS, rich messaging services, and additional digital and social channels; and solutions for Microsoft team users. The company markets its services through digital marketing, in-person and virtual events, peer reference and advocacy programs, localized and regional advertising, and partner and co-marketing initiatives. It serves small business, mid-market, public sector, enterprise customers, government agencies, and other organizations. 8x8, Inc. was incorporated in 1987 and is headquartered in Campbell, California.
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