K-Line Chart, actual market data is subject to the trading page.
Key Data
Prev. Open
$1.97
Prev. Close
$2.30
Prev. Day's Range
$1.96 - $2.33
52W Range
$1.57 - $2.88
Trading Volume
4.577M
MC
$287.427M
P/E Ratio
66.3x
EPS
$0.03
Company Overview
NASDAQ
8x8, Inc. provides enterprise-class voice, video, chat, contact center and contact center application programmable interface (API) software solutions for small and medium-sized businesses, medium-sized and large businesses, government agencies, and other organizations to world level. The company is headquartered in Campbell, California.
SectorTECHNOLOGY
IndustrySOFTWARE - APPLICATION
Headquarters675 CREEKSIDE WAY, CAMPBELL, CA, UNITED STATES, 95008
8x8, Inc. (EGHT) specializes in providing cloud communication solutions, including Voice over Internet Protocol (VoIP), video conferencing, contact center software, and unified communications as a service (UCaaS). The company serves businesses across various industries, helping them improve communication, collaboration, and customer engagement.
8x8, Inc. (EGHT) operates in the technology sector and is part of the software and cloud communication services industry. The company focuses on delivering enterprise communication tools through cloud-based platforms.
8x8, Inc.'s primary revenue drivers include subscriptions for its cloud-based communication and collaboration solutions, such as UCaaS and contact center software. The company generates consistent income from its SaaS (Software as a Service) model and aims to capture market share by targeting businesses seeking to modernize their communications infrastructure.
8x8, Inc.’s main competitors include other providers in the cloud communication and collaboration space, such as RingCentral, Zoom, Cisco Webex, Microsoft Teams, and Vonage. Competition is driven by factors such as cost, reliability, scalability, security, and feature set.
Investors should consider risks such as intense competition in the cloud communications market, which could impact pricing and market share. Additionally, the rapidly evolving technology landscape requires continuous innovation and investment. Other risks include fluctuating revenue growth and potential macroeconomic factors affecting enterprise IT spending.
No, 8x8, Inc. does not currently pay dividends to its shareholders. The company reinvests its earnings into growth initiatives, such as product innovation and market expansion, which aligns with its current growth-oriented strategy.
8x8, Inc. positions itself by offering comprehensive and scalable UCaaS and contact center solutions that integrate voice, video, chat, and enterprise-grade communication features. The company focuses on addressing increasing demand from businesses transitioning to cloud-based systems and remote work solutions.
Factors that could impact 8x8, Inc.’s valuation include its revenue growth, customer acquisition rate, operating margins, and ability to manage costs. Broader market conditions, competition within the industry, and the adoption rate of cloud communication technologies may also significantly influence its valuation.
Risk Warning
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