Over a week ago 8X8 hired a new CEO-! He came from Ring central a very strong stock and the market took 8X8 way up $6... to $27 or so. And since then I have seen two or three other upgrades so it's a universal upgrade of 8x8.... now the question what the heck to they do-?
8x8 appoints former RingCentral COO David Sipes CEO, reaffirms Q3, FY21 guidance 12/10 EGHT, RNG 8x8 (EGHT) appointed Dave Sipes as Chief Executive Officer and member of the board of directors. The company also reaffirmed guidance for the third quarter and full-year fiscal 2021. Sipes was most recently COO of RingCentral (RNG), where he led go-to-market, product, and engineering and was instrumental in the 12-year growth trajectory of the company from $10M to over $1B in revenue. Former CEO Vik Verma will assist the transition in an advisory role after leading the company for seven years-through both a product and business model transformation-and building an over $500M SaaS business, adding more than $1.5B in market capitalization... "8x8 is participating in one of the biggest SaaS markets today, cloud communications."
8x8 appoints former RingCentral COO David Sipes CEO, reaffirms Q3, FY21 guidance 12/10 EGHT, RNG 8x8 (EGHT) appointed Dave Sipes as Chief Executive Officer and member of the board of directors. The company also reaffirmed guidance for the third quarter and full-year fiscal 2021. Sipes was most recently COO of RingCentral (RNG), where he led go-to-market, product, and engineering and was instrumental in the 12-year growth trajectory of the company from $10M to over $1B in revenue. Former CEO Vik Verma will assist the transition in an advisory role after leading the company for seven years-through both a product and business model transformation-and building an over $500M SaaS business, adding more than $1.5B in market capitalization... "8x8 is participating in one of the biggest SaaS markets today, cloud communications."
Thank you Van and Stoney for a wonderful year. Hope you all have a great Christmas!