1 EXHIBIT 11.1 8x8, Inc. STATEMENTS OF COMPUTATION OF NET INCOME (LOSS) PER SHARE (in thousands, except per share data) Six Months Ended September 30, -------------------- Year Ended March 31, 1996 1995 1996 ---- ---- ---- Net loss $(3,217) $(3,701) $(5,913) -------- -------- -------- Reconciliation of weighted average number of shares outstanding to amount used in proforma loss per share computation: Weighted average number of shares outstanding 7,679 7,610 7,825 Additional shares included in accordance with requirements of the Securities and Exchange Commission under Staff Accounting Bulletin 83 3,975 3,975 3,975 ------ ------ ------ Weighted average number of shares outstanding as adjusted 11,654 11,585 11,800 ====== ====== ====== Proforma net loss per share $ (.28) $ (.32) $ (.50) ======= ======= =======