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8x8, Inc among Bulls of the Day - NASDAQ:EGHT

Posted by tom on January 22nd, 2012

8x8, Inc (NASDAQ:EGHT) develops and markets telecommunications services for Internet protocol (IP), telephony and video applications, as well as Web-based conferencing and unified communications services, managed hosting and cloud-based computing services. 8x8, Inc witnessed volume of 6.61 million shares during last trade however it holds an average trading capacity of 485,009 shares.

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EGHT, 8x8 Inc

** On its third quarter fiscal 2012, EGHT posted total revenue of $23.3 million, a 31% increase year over year and a 17% increase sequentially, while its net income grew 73% to $2.6 million or $0.04 per share, compared to the same period the prior year.

8x8, Inc. (Nasdaq:EGHT), provider of innovative business communications and managed hosting solutions, recently announced the results of an extensive, independent evaluation of its 8x8 Virtual Office cloud communications solution recently completed by industry analyst firm Wainhouse Research.

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