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EGHT News2 articles
RingCentral Soars 24% on Strong Cash Flow and AI Adoption
RingCentral shares jumped 24% after the company reported a 24.8% increase in free cash flow and rising AI adoption, with 13% of ARR now coming from AI customers.
8x8 Shares Surge 14% After Q4 Earnings Beat, But Margin Concerns Linger
8x8 shares surged 14% after hours on a Q4 earnings beat, with revenue up 5% to $185.2M and EPS of $0.11. Usage-based revenue jumped 70% but gross margins slipped to 63%.