About
About 8x8 Inc Common Stock
8x8, Inc. provides contact center, voice, video, chat, and enterprise-class application programmable interface (API) solutions worldwide. The company offers 8x8 Work, a unified communications-as-a-service solution that enable collaboration and business continuity across voice, video, chat, and messaging; and 8x8 Contact Center is a cloud-based contact center-as-a-service solution that customer engagement across voice, chat, email, and digital channels. It also provides 8x8 Engage, which extends digital engagement tools to non-traditional customer-facing employees-sales, field service, finance-enabling to deliver AI-informed customer experiences at desk, in the field or on the go; 8x8 Communications APIs, a communications-as-a-service solutions that allow businesses to embed communications directly into digital experiences via communications APIs, including voice, SMS, rich messaging services, and additional digital and social channels; and solutions for Microsoft team users. The company markets its services through digital marketing, in-person and virtual events, peer reference and advocacy programs, localized and regional advertising, and partner and co-marketing initiatives. It serves small business, mid-market, public sector, enterprise customers, government agencies, and other organizations. 8x8, Inc. was incorporated in 1987 and is headquartered in Campbell, California.
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5 years, 4 months ago
8x8, Inc is currently in a long term downtrend where the price is trading 5.2% below its 200 day moving average.
From a valuation standpoint, the stock is 73.1% cheaper than other stocks from the Technology sector with a price to sales ratio of 6.8.
8x8, Inc's total revenue rose by 15.3% to $137M since the same quarter in the previous year.
Its net income has increased by 14.5% to $-40M since the same quarter in the previous year.
Finally, its free cash flow grew by 78.1% to $-9M since the same quarter in the previous year.
Based on the above factors, 8x8, Inc gets an overall score of 4/5.