8x8 - Zahlen / Fakten / News - 500 Beiträge pro Seite

[TradeWarrior]

8x8 Announces Third Quarter Fiscal 2006 Results



Reports Revenue Increase of 186% Over Prior Year Quarter; Announces Departure
of Vice Chairman

SANTA CLARA, Calif., Jan. 25 /PRNewswire-FirstCall/ -- 8x8, Inc. (Nasdaq: EGHT), the Packet8 broadband VoIP (Voice over Internet Protocol) and videophone communications service provider, today announced financial results for its third quarter of fiscal 2006 ended December 31, 2005.

Revenues for the third quarter of fiscal 2006 were $8.5 million, compared with $7.1 million for the second quarter of fiscal 2006 and $3.0 million for the same period of the prior year. The net loss for the quarter was $6.8 million or $0.12 per share, compared with a net loss of $5.6 million, or $0.10 per share for the second quarter of fiscal 2006 and a net loss of $5.8 million or $0.13 per share for the same period last year. Total revenues for the nine-month periods ended December 31, 2005 and 2004, were $21.6 million and $7.6 million, respectively. Net losses for the nine month periods ended December 31, 2005 and 2004, were $17.5 million, or $0.32 per share, and $12.2 million, or $0.28 per share, respectively.

As of December 31, 2005, the Company had approximately 113,000 Packet8 subscriber lines in service as compared to approximately 93,000 on September 30, 2005, a 22% increase. Revenue and subscriber growth for the quarter were driven by favorable consumer response to promotional incentives for new Packet8 residential service subscribers as well as an increase in sales of the Packet8 Virtual Office business services. Increased losses stemmed from expenses related to the network-wide provisioning of Packet 8`s E911 service, the development and launch of private label versions of the Packet8 service and an increase in advertising, rebate and promotion expenditures.

At the end of the third quarter of fiscal 2006, 8x8`s balance sheet, including cash and cash equivalents, short-term investments, and restricted cash, totaled $27.7 million as compared with $19.7 million on September 30, 2005 due to proceeds received from the $15 million common stock offering closed in December 2005. During the quarter, the Company spent $2.7 million on inventory purchases in anticipation of demand.

"8x8 revenues are up for the eighth consecutive quarter, and we closed the quarter with strong revenue growth and a healthy increase in our subscriber base," said Bryan R. Martin, 8x8`s Chairman & CEO. "We also announced the completion of our second major wholesale offering and met the FCC deadline for E911 provisioning throughout our services network. Both of these accomplishments necessitated an investment of resources which affected our operating loss for the quarter. We continue to expand our distribution channels through recently announced agreements with mobile phone distributors Brightpoint and QDI Wireless, while broadening our service offerings with the announcement of a second co-branded Uniden phone and the Packet8 Softalk(TM) software client which will enable subscribers to make high quality voice and video calls from personal computers and other portable devices. Our emphasis on maintaining our technological leadership and achieving profitability remain our highest corporate priorities."

In addition, the Company announced that Dr. Barry Andrews has resigned as Vice Chairman and Director to pursue other opportunities. "The Company thanks Dr. Andrews for his loyal service and many contributions to the Company," said Mr. Martin. "We wish him well in his future endeavors."

About 8x8, Inc.

8x8, Inc. offers the Packet8 ( http://www.packet8.net/ ) VoIP (voice over internet protocol) telephone and videophone communications service, the DV 326 Broadband VideoPhone and the Packet8 Virtual Office. For additional company information, visit 8x8`s web site at http://www.8x8.com/ .

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, without limitation, statements relating to demand for our Packet8 service, sales channel expansion and our ability to successfully introduce and support new features and products for our Packet8 service. Investors are cautioned that these statements involve risks and uncertainties, and actual results could be materially different from those discussed in this news release. These risks include the risk that demand for our Packet8 products may be less than we anticipated, that we may not be able to introduce and support new features or products at all or that our sales channels do not expand. Further information on factors that could affect the actual results of 8x8, Inc. are included in 8x8, Inc.`s Quarterly Report on Form 10-Q for the quarter ended September 30, 2005, which is on file with the Securities and Exchange Commission. 8x8 does not assume any obligation to revise or update any forward-looking statements contained in this press release that become untrue because of subsequent events.

NOTE: 8x8, the 8x8 logo, Packet8, the Packet8 logo and Packet8 Virtual Office are trademarks of 8x8, Inc. All other trademarks are the property of their respective owners.


8x8, Inc.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts; unaudited)

Three Months Ended Nine Months Ended
December 31, December 31,
2005 2004 2005 2004

License and service revenues $6,769 $2,332 $17,484 $5,646
Product revenues 1,714 632 4,067 1,918
Total revenues 8,483 2,964 21,551 7,564

Operating expenses:
Cost of license
and service revenues 3,326 1,442 8,190 3,492
Cost of product revenues 3,357 1,073 7,999 2,862
Research and development 1,470 784 4,240 2,044
Selling, general
and administrative 7,244 5,650 19,151 11,785
Total operating expenses 15,397 8,949 39,580 20,183
Loss from operations (6,914) (5,985) (18,029) (12,619)
Other income, net 125 145 536 460
Net loss $(6,789) $(5,840) $(17,493) $(12,159)

Net loss per share:
Basic and diluted $(0.12) $(0.13) $(0.32) $(0.28)

Weighted average number of shares:
Basic and diluted 54,836 46,718 54,181 42,862


8x8, Inc.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, unaudited)

December 31, March 31,
2005 2005
ASSETS
Current assets
Cash and cash equivalents $16,807 $22,515
Restricted cash 250 250
Short term investments 10,663 9,035
Accounts receivable, net 619 1,144
Inventory 2,955 1,600
Other current assets 2,140 2,485
Total current assets 33,434 37,029
Property and equipment, net 2,917 1,788
Other assets 262 263
$36,613 $39,080


LIABILITIES AND STOCKHOLDERS` EQUITY
Current liabilities
Accounts payable $4,923 $4,496
Accrued compensation 760 515
Accrued warranty 252 187
Deferred revenue 2,042 2,602
Other accrued liabilities 2,115 1,536
Total current liabilities 10,092 9,336

Other liabilities 76 --

Total stockholders` equity 26,445 29,744
$36,613 $39,080

SOURCE 8x8, Inc.
-0- 01/25/2006
/CONTACT: press, Joan Citelli of 8x8, Inc., [phone], or
[e-mail]/
/Web site: http://www.8x8.com/
(EGHT)

CO: 8x8, Inc.
ST: California
IN: CPR TLS ITE
SU: ERN PER

EB
-- SFW069 --
3472 01/25/200608:15 ESThttp://www.prnewswire.com

[TradeWarrior]

Packet8 Virtual Office Small Business VoIP Solution Receives Network Computing Magazine`s Editor`s Choice Award


SANTA CLARA, Calif., Feb. 1 /PRNewswire-FirstCall/ -- 8x8, Inc. (Nasdaq: EGHT), the Packet8 broadband Voice over Internet Protocol (VoIP) and videophone communications service provider, today announced that the Packet8 Virtual Office solution for small businesses received Network Computing magazine`s Editor`s Choice award over competitive offerings from Covad Communications and Velocity Networks.

Prompted by a recent TIA (Telecommunications Industry Association) forecast predicting a decline in Centrex, key telephone systems and conventional TDM-based PBX lines through 2008, the Network Computing survey (http://www.networkcomputing.com/showArticle.jhtml?articleID=… ) evaluated hosted IP PBX solutions for small to medium sized businesses with a focus on features, price and quality of service. The Packet8 Virtual Office solution received the highest overall rating for its rich feature set, call management tools and low subscription price.

"We are pleased that Network Computing recognizes the numerous ways Packet8 Virtual Office benefits small businesses," said Huw Rees, vice president of sales and marketing at 8x8. "Our VoIP-hosted PBX service continues to receive accolades from subscribers, partners and resellers who have been searching for a robust and affordable VoIP service for this underserved market."

Virtual Office is a cost-effective, easy-to-use alternative to traditional PBX systems that allows users anywhere in the world to be part of a VoIP-hosted virtual phone system that includes auto attendants, conference bridges, extension-to-extension dialing, business class voicemail and ring groups, in addition to a rich variety of other business telephone features normally found on high-end, premise based PBX systems. Virtual Office reduces an organization`s telecommunications total cost of ownership (TCO) with a minimal initial investment combined with unlimited local and long distance business calling throughout the United States and Canada and Packet8`s low international rates.

About 8x8, Inc.

VoIP (voice over internet protocol) service provider 8x8, Inc. offers internet-based telephony solutions (www.packet8.net) for individual residential and business users as well as small to medium sized business organizations. In addition to regular Packet8 VoIP service plans, priced as low as $19.99 per month for unlimited anytime calling to the U.S. and Canada, 8x8 offers the Packet8 VideoPhone, the industry`s first stand alone broadband consumer videophone with worldwide video calling for $19.99 per month. Packet8 Virtual Office, 8x8`s VoIP solution for small to medium sized businesses, is a hosted PBX service comprised of powerful business class features. For additional company information, visit 8x8`s web site at www.8x8.com.

NOTE: 8x8, the 8x8 logo, Packet8, the Packet8 logo and Packet8 Virtual Office are trademarks of 8x8, Inc. All other trademarks are the property of their respective owners.

SOURCE 8x8, Inc.
-0- 02/01/2006
/CONTACT: Joan Citelli of 8x8, [phone], or [e-mail]/
/Web site: http://www.packet8.net/
/Web site: http://www.8x8.com/
(EGHT)

CO: 8x8, Inc.; Telecommunications Industry Association
ST: California
IN: CPR TLS ITE
SU: AWD

JB-EB
-- SFW053 --
8806 02/01/200608:30 ESThttp://www.prnewswire.com

[TradeWarrior]

8x8 Rolls Out New Features and Enhanced Phone Adapter for Packet8 Residential VoIP Phone Service

SANTA CLARA, Calif., Feb. 2 /PRNewswire-FirstCall/ -- 8x8, Inc. (Nasdaq: EGHT), the Packet8 broadband Voice over Internet Protocol (VoIP) and videophone communications service provider, today announced it has released several new calling features for its Packet8 voice and video residential phone service and the Packet8 BPG510, a new terminal adapter with an integrated router.

The new features provide Packet8 subscribers with greater convenience and additional account customization options that cater to their individual calling needs. They include:

-- Voicemail to Email Notification -- Packet8 subscribers can now receive
an email notification each time a voicemail message is left. The email
can include an attached audio file of the actual message which can be
forwarded to another email address or saved for future reference.
-- Find Me, Follow Me -- This combined hunting/multi-ringing feature
allows subscribers to enter up to five phone numbers to ring in
sequence. For example, users can specify that after a designated number
of rings on their Packet8 home phone number, incoming calls move on to
ringing their mobile phone and then their office number. If there`s
still no answer, the call is then guided to the subscriber`s Packet8
voicemail box.
-- Simultaneous Ringing on Multiple Phone Numbers -- The Simultaneous Ring
feature permits an incoming call to ring on any number of Packet8 phone
numbers as well as a standard PSTN number. This convenience helps
ensure that incoming calls will not go unanswered.
-- 7-Digit Local Dialing -- Packet8 subscribers no longer need to dial
their area code when calling a number within the same area code as
their primary Packet8 line. 11-digit dialing is still required for
calling outside of the subscriber`s Packet8 area code.
-- Network Unavailable Forwarding -- This feature allows subscribers to
automatically forward incoming calls to an alternate phone number if
their Internet connection goes down.
-- Call Waiting Disable -- Subscribers can disable call waiting two ways.
On a per call basis, dialing *70 before making a call disables the call
waiting for that call and sends all new callers to voicemail. To
disable Call Waiting for all calls, subscribers can activate/deactivate
this feature after signing in at their account details page.

All of the above calling features are now available with every Packet8 residential account at no additional cost to the subscriber. More information on these and other Packet8 calling features can be found at http://www.packet8.net/about/features.asp .

8x8 also announced the release of the Packet8 BPG510, a new broadband phone adapter that eliminates the need for a separate router in a subscriber`s home network. The BPG510 is equipped with two Ethernet ports (LAN and WAN) and one RJ-11 phone port for connecting a standard analog telephone. The built-in router prioritizes voice packets over data and manages available bandwidth. The LAN Ethernet port can be used to connect a PC or other networked device without adding any additional equipment.

Replacing the BPA410 in the residential offering, the BPG510 adapter is available for $39.99, when purchased at retail (with a $40 mail-in rebate), and is offered free of charge to all new subscribers ordering direct from the Packet8 website, www.packet8.net. Existing subscribers wishing to upgrade to the BPG510 can do so by logging into their account details page to order the new device.

About 8x8, Inc.

VoIP (voice over internet protocol) service provider 8x8, Inc. offers internet-based telephony solutions (www.packet8.net) for individual residential and business users as well as small to medium sized business organizations. In addition to regular Packet8 VoIP service plans, priced as low as $19.99 per month for unlimited anytime calling to the U.S. and Canada, 8x8 offers the Packet8 VideoPhone, the industry`s first stand alone broadband consumer videophone with worldwide video calling for $19.99 per month. Packet8 Virtual Office, 8x8`s VoIP solution for small to medium sized businesses, is a hosted PBX service comprised of powerful business class features. For additional company information, visit 8x8`s web site at www.8x8.com.

NOTE: 8x8, the 8x8 logo, Packet8, the Packet8 logo and Packet8 Virtual Office are trademarks of 8x8, Inc. All other trademarks are the property of their respective owners.

SOURCE 8x8, Inc.
-0- 02/02/2006
/CONTACT: Joan Citelli of 8x8, Inc., [phone], or
[e-mail]/
/Web site: http://www.8x8.com /
(EGHT)

CO: 8x8, Inc.
ST: California
IN: CPR TLS ITE
SU: PDT

TH-MW
-- SFTH033 --
9880 02/02/200608:15 ESThttp://www.prnewswire.com

[richardkarlsen]

interessant , hatte die mal vor 5 Jahren