8x8
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8x8

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    • CommunicationsTechnologycloudenterprise softwaretelecommunicationsvideo conference

    8x8 delivers cloud-based business communications solutions. The Company's Communications Cloud replaces costly and complex legacy products with a simple, integrated solution that eliminates information silos to expose, vital, real-time intelligence. 8x8 combines unified communications, team collaboration interoperability, contact center, and analytics in a single, open and real-time platform to help companies improve productivity and overall customer experience.

    Revenue(FY, 2017)
    $253.4 M
    Market capitalization(2018-05-25)
    $1.7 B
    Customers(FY, 2015)
    41.6 K
    Type
    Public
    HQ
    San Jose, US
    Founded
    1987
    Size (employees)
    1,019 (est)
    Website
    8x8.com
    8x8 was founded in 1987 and is headquartered in San Jose, US
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    Key People/Management at 8x8

    Vik Verma

    Vik Verma

    Chief Executive Officer
    Bryan Martin

    Bryan Martin

    Chairman of the Board and Chief Technology Officer
    Mary Genovese

    Mary Genovese

    Chief Financial Officer
    Rani Hublou

    Rani Hublou

    Chief Marketing Officer
    Dejan Deklich

    Dejan Deklich

    Chief Product Officer
    Darren Hakeman

    Darren Hakeman

    Senior Vice President of Strategy, Analytics & Corporate Development
    Show more

    8x8 Office Locations

    8x8 has offices in Cluj-Napoca, Manchester, London, Buckinghamshire and in 4 other locations
    San Jose, US (HQ)
    2125 O'Nel Dr
    New York, US
    1350 Broadway
    San Jose, US
    2665 N 1st St
    Sydney, AU
    13 135 King St
    Cluj-Napoca, RO
    The Office Cluj-Napoca 77 Bulevardul 21 Decembrie 1989
    Aylesbury, GB
    Oxford House, Bell Business Park,
    Show all (9)
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    8x8 Financials and Metrics

    8x8 Financials

    8x8's revenue was reported to be $253.39 m in FY, 2017 which is a 21% increase from the previous period.
    USD

    Revenue (Q3, 2018)

    		217.2 m

    Net income (Q3, 2018)

    		(91.2 m)

    EBIT (Q3, 2018)

    		(28.2 m)

    Market capitalization (25-May-2018)

    		1.7 b

    Closing share price (25-May-2018)

    		18.6

    Cash (31-Dec-2017)

    		31.8 m
    8x8's current market capitalization is $1.7 b.
    Annual
    USDFY, 2015FY, 2016FY, 2017

    Revenue

    		162.4 m209.3 m253.4 m

    Revenue growth, %

    		26%29%21%

    Cost of goods sold

    		15.9 m20.2 m19.7 m

    Gross profit

    		146.6 m189.2 m233.7 m
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Revenue

    		37.9 m39.6 m41.4 m47.9 m50.9 m53.2 m60 m63.2 m63.7 m69.1 m72.5 m217.2 m

    Cost of goods sold

    		4 m3.8 m4 m4.4 m4.6 m5.1 m5.5 m5.8 m4.2 m4.9 m5.1 m

    Gross profit

    		33.9 m35.8 m37.4 m43.5 m46.3 m48.1 m54.5 m57.4 m59.4 m64.2 m67.4 m

    Gross profit Margin, %

    		90%90%90%91%91%90%91%91%93%93%93%
    show all
    Annual
    USDFY, 2015FY, 2016FY, 2017

    Cash

    		53.1 m33.6 m41 m

    Accounts Receivable

    		6.6 m11.1 m14.3 m

    Inventories

    		704 k520 k908 k

    Current Assets

    		191.6 m185.9 m197.4 m
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Cash

    		55.1 m56 m52.6 m29.3 m28.8 m23.9 m27.5 m32.1 m33.5 m53.2 m34.6 m31.8 m

    Accounts Receivable

    		5.9 m7.3 m7.2 m8 m10.1 m9.9 m11.5 m11.7 m13.1 m14.5 m15.2 m17.9 m

    Inventories

    		753 k754 k532 k618 k879 k786 k463 k464 k572 k

    Current Assets

    		192.7 m198.6 m200.3 m174.1 m168.7 m174.9 m184.9 m189.2 m192.5 m202.1 m194.2 m189.2 m
    show all
    Annual
    USDFY, 2015FY, 2016FY, 2017

    Net Income

    		1.9 m(5.1 m)(4.8 m)

    Depreciation and Amortization

    		5.8 m8.6 m9.8 m

    Inventories

    		52 k136 k(430 k)

    Accounts Payable

    		605 k2.5 m4.2 m
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Net Income

    		8 k1.3 m1.7 m(472 k)(2.4 m)(4 m)(528 k)(501 k)(1.8 m)(2.2 m)(2.7 m)(91.2 m)

    Depreciation and Amortization

    		1.3 m2.7 m4.2 m1.5 m3.8 m6.2 m2.4 m4.8 m7.2 m3.4 m6.8 m6 m

    Inventories

    		47 k29 k235 k88 k(200 k)(122 k)53 k38 k(87 k)

    Accounts Payable

    		988 k980 k(736 k)933 k132 k418 k1.1 m3.1 m1.7 m2.9 m3.4 m
    show all
    USDY, 2017

    Revenue/Employee

    		213.1 k

    Financial Leverage

    		1.2 x
    Show all financial metrics

    8x8 Operating Metrics

    8x8's Customers was reported to be 41.6 k in FY, 2015.
    Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018

    Average Revenue per Customer

    		$293 $299 $305 $320 $353 $360 $369 $385 $399 $409 $414 $426 $432 $442 $454

    Revenue Churn

    		0.4%90%1%0.5%1%0.8%1.2%0.4%0.5%0.6%1%0.7%0.6%0.4%4%

    Customers

    		39.34 k40.43 k41.05 k41.62 k

    Patents (US)

    		104 118 131
    Show all operating metrics

    8x8 Acquisitions / Subsidiaries

    Acquired CompanyDateDeal Size
    Sameroom March 08, 2017
    DXI Ltd. May 27, 2015€16.50 m
    Voicenet Solutions November 11, 2013$18.40 m
    Contactual September 15, 2011
    Zerigo June 20, 2011
    Central Host May 06, 2010
    Odisei S.A. January 01, 1999
    8x8 Australia Pty Ltd.
    8x8 Canada, Inc.
    8x8 Japan G.K.
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    Competitors

    Gamma Communications
    Communications - Public
    InterMedia
    Technology - Subsidiary
    Broadview Networks
    Technology - Subsidiary
    ShoreTel
    Communications - Subsidiary
    Mitel Networks
    Communications - Public
    Vonage Holdings Corporation
    Communications - Public
    Compare competitors

    8x8 News and Updates

    May 24, 2018

    8x8, Inc. (EGHT) CEO Vik Verma on Q4 2018 Results - Earnings Call Transcript

    April 02, 2018

    UK to re-join Boxer program, 14 years after opting out

    The U.K. Ministry of Defence has opted to rejoin the Boxer wheeled armored vehicle program with the intention to equip the British Army with the 8x8 starting 2023.
    April 02, 2018

    UK to re-join Boxer program, 17 years after opting out

    The U.K. Ministry of Defence has opted to rejoin the Boxer wheeled armored vehicle program with the intention to equip the British Army with the 8x8 starting 2023.
    February 16, 2018

    Cloud Based Telephone System: Market Demand, Growth Analysis & Opportunity and Forecast to 2022

    This report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. Posted via Industry Today. Follow us on Twitter @IndustryToday
    February 02, 2018

    Voip Services Market Going to Touch at Value of US$ 194.5 Bn by 2024

    In this report, the global VoIP services market is tracked in terms of both value and number of subscribers Posted via Industry Today. Follow us on Twitter @IndustryToday
    October 24, 2017

    Cloud Based Telephone System Global Market Size, Share, Demand, Growth, Opportunities, Analysis of Top Key Player and Forecast to 2022

    the report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation Posted via Industry Today. Follow us on Twitter @IndustryToday
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