Forget AI...THIS Is Way Bigger

While the world has been obsessed with AI and ChatGPT... Jeff Bezos has quietly gone all in on a technology that's going to prove to be FAR bigger. If you've never heard of "QaaS" technology you need to

The Next Nvidia?

EGHT
8x8, Inc
NYSE
2.69
Open 2.77 Prev Close 2.59
High 2.83 Low 2.58
Volume 1,693,210 Volume (Avg) 1,450,400
52 Week High 39.17 52 Week Low 12.32
Market Cap 3.4B PE Ratio -5.98

Shares Stats

Shares Outstanding107,486,000
Shares Float82,543,086
Shares Short17,307,089
Insider Holdings407%
Institution Holdings101.80%

About 8x8, Inc

8x8, Inc. provides voice, video, chat, contact center, and enterprise-class application programmable interface (API) Software-as-a-Service solutions for small and mid-size businesses, mid-market and larger enterprises, government agencies, and other organizations worldwide. It offers unified communications, team collaboration, video conferencing, contact center, data and analytics, communication APIs, and other services. The company provides 8x8 Virtual Office, a self-contained and end-to-end solution that delivers high quality voice and unified communications-as-a-service; 8x8 Contact Center, a multi-channel cloud-based contact center solution; and 8x8 Meetings, a cloud-based video conferencing and collaboration solution that enables secure and continuous collaboration with borderless high definition video and audio communications from mobile and desktop devices. It also offers 8x8 Team Messaging, an integrated open team messaging platform, which facilitate modern modes of communication with support for direct messages, public and private team messaging rooms, short messaging service, presence, emojis, and ?@' mentions; 8x8 API, a set of global communications Platform-as-a-Service; and 8x8 Callstats Service, an analytics offering designed for real-time analytical responsiveness at scale. The company integrates its services with third-party applications and platforms, including enterprise resource planning, customer relations management, human capital management, and other proprietary application suites. It markets its services to end users through search engine marketing and optimization, third-party lead generation sources, industry conferences, trade shows, Webinars, and digital advertising channels, as well as direct sales organization. 8x8, Inc. was founded in 1987 and is headquartered in Campbell, California.

General

Name8x8, Inc
TickerEGHT
ExchangeNYSE
SectorTechnology
IndustrySoftware-Application
CurrencyUSD
CountryUSA
Fiscal Year EndMarch
Full Time Employees1,675

Highlights

Analyst Target39.28
Market Cap3,439,552,000
PE Ratio-5.98
PEG Ratio-9.66
EBITDA-91,079,000

Financials

Curr Year EPS Estimate-0.14
Next Quarter EPS Estimate-0.02
Profit Margin-0.34
Return on Assets-0.13
Return on Equity-0.88
Revenue509,103,008
Earnings Per Share-1.63
Revenue Per Share4.88
Gross Profit245,009,000
Quarterly Revenue Growth0.15

Valuation

Forward PE312.50
Price/Sales (Trailing 12 Mt.)7.02
Price/Book (Most Recent Quarter)21.97

Earnings

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