From Nasdaq:

1. 8×8 introduces a new program called SellWith8 that allows select technology partners to seamlessly integrate advanced technologies, including advanced AI capabilities, into the 8×8 platform. This innovation aims to transform customer experiences and reinforce 8×8’s leadership in cloud communications with resilience, security, and compliance.

2. EGHT’s shares have returned 54.1% in the past three months, showcasing the company’s commitment to expanding its integrated cloud communications portfolio and enhancing customer experiences. The company has been refining its offerings with AI-powered video meeting features and voice interactions to ensure seamless customer experiences across digital and voice channels.

3. Despite experiencing some challenges in customer retention, EGHT’s robust portfolio and focus on customer satisfaction position the company for top-line growth in the cloud communication platform. The company’s third-quarter fiscal 2024 revenue is expected to be between $180 million and $186 million, with earnings pegged at 10 cents per share.

4. Currently, EGHT carries a Zacks Rank #3 (Hold). Blackline and Itron are some better-ranked stocks to consider, each sporting a Zacks Rank #1 (Strong Buy). Blackline and Itron shares have returned 20.5% and 31.9%, respectively, in the past three months, with long-term earnings growth rates of 50.56% and 23%, respectively.



Read more: 8×8 (EGHT) Boosts Portfolio Through the SellWith8 Introduction