8x8(US:EGHT)2023-05-12 01:21Financial Highlights - 8x8's total ARR reached $703 million, demonstrating a 2% year-over-year growth[6, 90] - Enterprise ARR accounted for $405 million, reflecting a 3% year-over-year increase[90] - The company's cash and investments amounted to $137.6 million[90] - Non-GAAP operating margin was 13.5% for the quarter ended March 31, 2023[69, 86] - Service revenue for fiscal year 2023 reached $710 million, an 18% year-over-year growth[73] Product and Customer Metrics - 8x8 Voice for MS Teams achieved 60% total ARR[6] - The company has over 2500000 paid business licenses[23, 45] - 8x8 supports full PSTN replacement in 58 countries/territories[6] Debt and Financial Management - The company reduced the principal amount of debt by over 10% since August 2022[107] - 8x8 repurchased an additional $5 million in aggregate principal amount of the 2024 Notes[84] - The company issued approximately $201.9 million aggregate principal amount of 4% convertible senior notes due 2028[154]