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.

TypePublic
HQSan Jose, US
Founded1987
Size (employees)1,225 (est)+21%
Website8x8.com
8x8 was founded in 1987 and is headquartered in San Jose, US
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Key People/Management at 8x8

Steven Gatoff

Steven Gatoff

CFO
Vik Verma

Vik Verma

CEO
Bryan R. Martin

Bryan R. Martin

Chairman of the Board and Chief Technology 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
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8x8 Office Locations

8x8 has offices in San Jose, New York, Manchester, London 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,
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8x8 Financials and Metrics

8x8 Revenue

8x8's revenue was reported to be $296.50 m in FY, 2018 which is a 17% increase from the previous period.
USD

Revenue (Q2, 2019)

85.7m

Net income (Q2, 2019)

(21.5m)

EBIT (Q2, 2019)

(22.0m)

Market capitalization (22-Jan-2019)

1.9b

Closing stock price (22-Jan-2019)

20.2

Cash (30-Sep-2018)

24.7m
8x8's current market capitalization is $1.9 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

162.4m209.3m253.4m296.5m

Revenue growth, %

26%29%21%17%

Cost of goods sold

15.9m

Gross profit

146.6m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

30.8m32.7m37.9m39.6m41.4m47.9m50.9m53.2m60.0m63.2m63.7m69.1m72.5m75.6m83.2m85.7m

Cost of goods sold

4.0m

Gross profit

37.4m

Gross profit Margin, %

90%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

59.2m53.1m33.6m41.0m31.7m

Accounts Receivable

5.5m6.6m11.1m14.3m16.3m

Inventories

811.0k704.0k520.0k908.0k

Current Assets

116.9m191.6m185.9m197.4m178.6m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

59.3m172.1m55.1m56.0m52.6m29.3m28.8m23.9m27.5m32.1m33.5m53.2m34.6m31.8m34.6m24.7m

Accounts Receivable

4.7m5.2m5.9m7.3m7.2m8.0m10.1m9.9m11.5m11.7m13.1m14.5m15.2m17.9m17.7m18.9m

Inventories

403.0k828.0k753.0k754.0k532.0k618.0k879.0k786.0k463.0k464.0k572.0k

Current Assets

74.5m186.8m192.7m198.6m200.3m174.1m168.7m174.9m184.9m189.2m192.5m202.1m194.2m189.2m186.0m175.3m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

2.5m1.9m(5.1m)(4.8m)(104.5m)

Depreciation and Amortization

4.2m5.8m8.6m9.8m13.2m

Inventories

(276.0k)52.0k136.0k(430.0k)

Accounts Payable

(1.0m)605.0k2.5m4.2m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

4.4m4.5m8.0k1.3m1.7m(472.0k)(2.4m)(4.0m)(528.0k)(501.0k)(1.8m)(2.2m)(2.7m)(91.2m)(15.4m)(36.8m)

Depreciation and Amortization

2.0m3.0m1.3m2.7m4.2m1.5m3.8m6.2m2.4m4.8m7.2m3.4m6.8m10.0m3.5m7.1m

Inventories

91.0k(245.0k)47.0k29.0k235.0k88.0k(200.0k)(122.0k)53.0k38.0k(87.0k)

Accounts Payable

22.0k(1.3m)988.0k980.0k(736.0k)1.1m1.0m674.0k1.1m3.1m1.7m2.9m3.4m
USDY, 2018

Financial Leverage

1.3 x
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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
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8x8 Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
SameroomMarch 08, 2017
DXI Ltd.May 27, 2015€16.50 m
Voicenet SolutionsNovember 11, 2013$18.40 m
ContactualSeptember 15, 2011
ZerigoJune 20, 2011
Central HostMay 06, 2010
Odisei S.A.January 01, 1999
8x8 Australia Pty Ltd.
8x8 Canada, Inc.
8x8 Japan G.K.
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8x8 Online and Social Media Presence

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8x8 News and Updates

Hosted PBX Market 2018 Global Analysis By Key Players – AT&T, BT Group, Cisco Systems, 8x8, Avaya, Megapath, Centurylink, Polycom

WiseGuyReports.Com Publish a New Market Research Report On –“ Hosted PBX Market 2018 Global Analysis By Key Players – AT&T, BT Group, Cisco Systems, 8x8, Avaya, Megapath, Centurylink, Polycom”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Interactive Voice Response (IVR) 2018 Global Market Key Players – inContact, Nuance, Genesys Telecommunication Laboratories, 8x8, AT&T, Avaya – Analysis and Forecast to 2023

WiseGuyRerports.com Presents “Global Interactive Voice Response (IVR) Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Quantenna and Telefónica Reinforce Strategic Partnership with New Portfolio of 8x8 MIMO Wi-Fi 6 Products

SAN JOSE, Calif., Dec. 12, 2018 (GLOBE NEWSWIRE) -- Quantenna Communications, Inc. (NASDAQ: QTNA) is further strengthening its strategic partnership with Telefónica. Through a long history of cooperation, the two companies have developed multiple generations of best-in-class products including gat…

Future Growth of Cloud Communication Platform Market with Leading Key players- Xura Incorporation, Genband US LLC, 8x8 Inc.

The scrutinized report offers numerous approaches to view the cloud communication platform market from a different perspective. The approaches include descriptions, analytics in terms of value & volume, several events and chain assembly of the industry for various practices in the global market.…

Cloud Based Telephone System Market is touching new level – A comprehensive study with key players: Five9, Inc.,VirtualPBX.com, Inc.,RingCentral, Inc.,Nextiva ,Grasshopper, OnSIP, Inc.,ShoreTel, Inc.,Telephone Systems Guide, Validated Cloud Inc.,8x8, Inc.

The Global Cloud Based Telephone System market Report includes a comprehensive analysis of the present market. The report starts with the basic Global Cloud Based Telephone System market overview and then goes into each and every detail. Posted via Industry Today. Follow us on Twitter @IndustryToday

Global Business Phone Systems Market 2018 | Major Kay Players – Cisco, ESI, Nextiva, Toshiba, ShoreTel Sky, 8x8

WiseGuyRerports.com Presents “Global Business Phone Systems Market Size, Status and Forecast 2018-2025” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday
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8x8 Blogs

Are You Ready for Cloud Communications?

Are You Ready to Move Your Communication and Collaboration Systems to the Cloud? Now that the ‘Cloud resistance is futile’ phase is behind us, there is a greater understanding and awareness of the benefits of cloud hosted services. This has also ushered in a significant change in the mandate of an I…

Episode 5: Meet Jitsi

In episode 5 of Communications. Transformed., I spoke with Emil Ivov, founder and project lead at Jitsi. 8x8 recently acquired the Jitsi team and technology, so Emil is now also my colleague. Emil and I talked about the unique business model associated with open-source technology, how Jitsi grew out…

Episode 4: Making Data Visual with Dr. Kristen Sosulski

Have you considered how visualizing the data your business gathers would give you better insight into new business opportunities? Whether you’re looking at communications-related data or other types of business data, it’s often difficult to make sense of in the raw format. On episode 4 of Communicat…

You Can Minimize Risk, Reduce Your TCO and Expand Globally

So you’re in the market for a new business communication system. You’ve probably already realized that the options can be confusing and overwhelming. It’s also high-stakes—you don’t want to have to change communications systems every year, and you need something that’s reliable. Modern communication…

Hype or Reality? Importance of Customer Service as a Key Differentiator

Whether you sell dresses, tires or professional services, you are likely facing much stiffer competition than before, from companies that offer fairly similar products or services. In fact, it’s rare for a company to sell something that is so unique that customers are willing to ignore their desire …

Q&A with Analyst Jon Arnold, Collaboration & UCaaS Expert

  8x8 will host a webinar titled “How the Cloud Enables Small and Medium Businesses to Collaborate Like Large Enterprises” with communications technology analyst Jon Arnold and Brian Ventura, president at Soft Point Media, on Tuesday, December 4 at 11 a.m. PT / 2 p.m. ET. Jon is an expert in the fie…
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8x8 Company Life and Culture

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8x8 Frequently Asked Questions

  • When was 8x8 founded?

    8x8 was founded in 1987.

  • Who are 8x8 key executives?

    8x8's key executives are Steven Gatoff, Vik Verma and Bryan R. Martin.

  • How many employees does 8x8 have?

    8x8 has 1,225 employees.

  • What is 8x8 revenue?

    Latest 8x8 annual revenue is $296.5 m.

  • What is 8x8 revenue per employee?

    Latest 8x8 revenue per employee is $242 k.

  • Who are 8x8 competitors?

    Competitors of 8x8 include Dasan Zhone, Vonage and Mitel Networks.

  • Where is 8x8 headquarters?

    8x8 headquarters is located at 2125 O'Nel Dr, San Jose.

  • Where are 8x8 offices?

    8x8 has offices in San Jose, New York, Manchester, London and in 4 other locations.

  • How many offices does 8x8 have?

    8x8 has 9 offices.