8x8, Inc. Buyback
OLI recorded this information on 3/2/2015
8x8, Inc. (NASDAQ:EGHT), a leading provider of cloud-based unified communications and contact center solutions, today announced that its Board of Directors has approved a new share repurchase program authorizing up to $20 million in repurchases of the Company's outstanding shares of common stock. 8x8 had $187.9 million in cash, cash equivalents and investments as of December 31, 2014.
8x8 is a Software-as-a-Service provider of voice, video, chat, contact center, and application programmable interface (API) solutions powered by one cloud communications platform. Co. provides its customers a portfolio of voice, video, contact center, chat and team collaboration, communication APIs and business analytics solutions which include: 8x8 Virtual Office, which is a self-contained end-to-end solution that delivers voice, secure video meetings and unified communications-as-a-service globally; and 8x8 Meetings, which is a cloud-based video conferencing and collaboration solution that enables secure collaboration with video and audio communications from mobile and desktop devices.
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Buy (2.87 out of 4)