8x8, Inc. (NASDAQ:EGHT) Q1 2024 Earnings Conference Call August 8, 2023 5:00 PM ET

Company Participants

Kate Patterson - Vice President of Investor Relations

Samuel Wilson - Chief Executive Officer

Kevin Kraus - Chief Financial Officer

Conference Call Participants

Catharine Trebnick - Rosenblatt Securities Inc.

Jamie Reynolds - Morgan Stanley

Abhinav Kumar - Mizuho Securities

Austin Williams - Wells Fargo Securities

James Rush - Craig-Hallum Capital Group

Operator

Good day, and thank you for standing by. Welcome to the Q1 2024 8x8, Inc. Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

And I would like to hand the call over to your speaker today, Kate Patterson, of Investor Relations.

Kate Patterson

Thank you, operator. Good afternoon, everyone. Today's agenda will include a review of our first quarter results with Sam Wilson, our Chief Executive Officer; and Kevin Kraus, our Chief Financial Officer. Following our prepared remarks, there will be a question-and-answer session.

Before we get started, let me remind you that our discussion today includes forward-looking statements about future financial performance including our increased focus on profitability and cash flow as well as our business, products and growth strategies. We caution you not to put undue reliance on these forward-looking statements as they involve risks and uncertainties that may cause actual results to vary materially from forward-looking statements as described in our risk factors in our report filed with the SEC. Any forward-looking statements made on this call and in the presentation slides reflect our analysis as of today and we have no plans or obligation to update them.

Certain financial measures that will be discussed on this call, together with year-over-year comparisons, in some cases were not prepared in accordance with U.S. generally accepted accounting principles or GAAP. A reconciliation of these non-GAAP measures to the closest comparable GAAP measures is provided in our earnings release and on the Investor Relations website at investors.8x8.com.

With that, I'll turn the call over to our CEO, Samuel Wilson.

Samuel Wilson

Much appreciated Kate, and thank you to everyone for joining us today. This is my first earnings call as the CEO of 8x8. Over the past six months, I've spoken at length to our customers, employees, and investors about the future direction of the company. As you will recall, we made the decision a year-ago to balance our innovation-led growth strategy with a focus on improving profitability and cash flow through disciplined capital allocation.