Dallas 1/21/2012 3:18:01 PM
News / Finance

8x8 Shares Soar after Company Announces Record Q3 Fiscal 2012 Results (EGHT)

Shares of 8x8 Inc. (NASDAQ: EGHT) are soaring in trading today after the Sunnyvale, California-based company announced record third-quarter fiscal 2012 financial results. The company reported a 31% increase in third-quarter total revenue.

8x8 shares rose to an intra-day high of $4.44 today, and at last check, the stock was up more than 26% on above average volume. The rally has pushed 8x8 shares above their 50-day and 200-day moving averages.

To get more information on 8x8 Inc. please clickhere