8x8 delivers cloud-based business communications solutions that are affordable, easy to use, and incredibly advanced. We help businesses serve their customers better, work smarter and conduct business anywhere, anytime. From hosted VoIP business phone service to hosted contact centers to unified communications, our services are proven, reliable and less expensive than traditional solutions. 8x8 is ranked the #1 provider of hosted business VoIP by industry analyst firm, Frost & Sullivan.
Type
Public
HQ
San Jose, US
Founded
1987
Size (employees)
810 (est)+44%
Website
8x8.com
8x8 was founded in 1987 and is headquartered in San Jose, US

8x8 Office Locations

8x8 has offices in San Jose, Aylesbury, London, Cluj-Napoca and in 1 other location
San Jose, US (HQ)
2125 O'nel Dr
Sydney, AU
13 135 King St
Cluj Napoca, RO
The Office Cluj Napoca 77 Bulevardul 21 Decembrie 1989
London, GB
65 Fenchurch St
London, GB
21 New St
Aylesbury, GB
Oxford House, Bell Business Park,

8x8 Data and Metrics

8x8 Financial Metrics

8x8's revenue was reported to be $209.3 m in FY, 2016 which is a 29% increase from the previous period.
$, USD

Revenue (FY, 2016)

209.3 m

Revenue growth (FY, 2015 - FY, 2016), %

29%

Gross profit (FY, 2016)

172.3 m

Gross profit margin (FY, 2016), %

82%

Net income (FY, 2016)

(5.1 m)

EBIT (FY, 2016)

(7.1 m)

Market capitalization (23-Jun-2017)

1.4 b

Closing share price (23-Jun-2017)

15

Cash (31-Mar-2016)

33.6 m
8x8's current market capitalization is $1.4 b.
$, USDFY, 2014FY, 2015FY, 2016

Revenue

128.6 m162.4 m209.3 m

Revenue growth, %

26%29%

Gross profit

106.2 m132.7 m172.3 m

Gross profit Margin, %

83%82%82%

Operating expense total

125.5 m158.5 m216.4 m

EBIT

3.1 m3.9 m(7.1 m)

EBIT margin, %

2%2%(3%)

Income tax expense

2.8 m(847 k)

Net Income

2.5 m1.9 m(5.1 m)
$, USDFY, 2014FY, 2015FY, 2016

Cash

59.2 m53.1 m33.6 m

Accounts Receivable

5.5 m6.6 m11.1 m

Inventories

811 k704 k520 k

Current Assets

116.9 m191.6 m185.9 m

PP&E

7.7 m10.2 m12.4 m

Goodwill

38.5 m36.9 m47.4 m

Total Assets

299.2 m295.6 m313.5 m

Accounts Payable

6.8 m7.8 m11 m

Current Liabilities

18.1 m21.8 m34.7 m

Non-Current Liabilities

1.6 m1.4 m3.3 m

Total Liabilities

19.7 m23.2 m38 m

Additional Paid-in Capital

384.3 m379 m389.3 m

Retained Earnings

(106.7 m)(104.7 m)(109.9 m)

Total Equity

278.2 m272.2 m275.3 m

Financial Leverage

1.1 x1.1 x1.1 x
$, USDFY, 2014FY, 2015FY, 2016

Net Income

2.5 m1.9 m(5.1 m)

Depreciation and Amortization

4.2 m8.6 m

Accounts Receivable

(1.6 m)6.6 m(4.5 m)

Inventories

(276 k)704 k136 k

Accounts Payable

(1 m)7.8 m2.5 m

Cash From Operating Activities

14.9 m(6 m)23.6 m

Cash From Investing Activities

(136.5 m)(36.3 m)

Cash From Financing Activities

130.5 m(7.2 m)

Interest Paid

5 k44 k

Income Taxes Paid

427 k445 k
$, USDY, 2016

Revenue/Employee

370.5 k

Financial Leverage

1.1 x

8x8 Operating Metrics

8x8's Customers was reported to be 41.6 k in FY, 2015
Q2, 2014Q3, 2014Q4, 2014Q2, 2015Q3, 2015Q4, 2015FY, 2015Q2, 2016Q3, 2016Q4, 2016FY, 2016FY, 2017

Average Revenue per Customer

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

Revenue Churn

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

Customers

39.34 k40.43 k41.05 k41.62 k

Patents (US)

104118131

Patents Issued

128

Countries

100

    8x8 Market Value History

    8x8 Median Salaries

    Source: 75 public H-1B filings from 8x8

    8x8 Online and Social Media Presence

    8x8 Company Life and Culture

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