OverviewSuggest Edit
8x8 is a company providing voice, video meetings, chat, and contact center Software-as-a-Service (SaaS) communications solutions. It offers a technology platform that delivers cloud business phone systems, cloud contact center, and video conferencing capabilities and integrates with enterprise resource planning (ERP), customer relationship management (CRM), human capital management (HCM) applications, and other back-office IT (information technology) systems. The company serves legal, education, government, healthcare, insurance, retail, transportation, recruitment, outsourcing, high tech, and other industries.
| Type | Public | |
| Founded | 1987 | |
| HQ | Campbell, CA, US | Map |
| Website | 8x8.com | |
| Employee Ratings | More | |
| Overall Culture | A | More |
Recent NewsAll News
- General Dynamics European Land Systems awarded €733 million (USD $870 million) of a €1.74 billion contract for 348 Spanish 8x8 combat vehicles
- 8x8 Selects GoCardless to Manage Recurring Payments Across Its Growing Global Business
- Unified Communication-as-a-service in the Manufacturing Market Report 2019-2024 Featuring Cisco, 8x8, Avaya, and Tata Communications
- Interactive Voice Response (IVR) 2018 Global Market Key Players – inContact, Nuance, Genesys Telecommunication Laboratories, 8x8, AT&T, Avaya – Analysis and Forecast to 2023
Key People/Management at 8x8
Dave Sipes
Chief Executive Officer
Marge Breya
Executive Vice President and Chief Marketing Officer
Michelle Bonfantine
Director, Channel Sales
Samuel Wilson
Chief Financial Officer
Dejan Deklich
Chief Product Officer
Matthew Zinn
Senior Vice President, General Counsel, Corporate Secretary & Chief Privacy Officer
8x8 Office Locations
8x8 has offices in Campbell, Minneapolis, New York, San Jose and in 5 other locations
Campbell, CA, US (HQ)
675 Creekside Way
Minneapolis, MN, US
733 S Marquette Ave
New York, NY, US
1350 Broadway
San Jose, CA, US
8x8 Incorporated, 2125 O'Nel Dr
Sydney, AU
Level 13/2 Park St
Cluj-Napoca, RO
The Office Cluj-Napoca 77 Bulevardul 21 Decembrie 1989
8x8 Financials and Metrics
8x8 Revenue
8x8's revenue was reported to be $446.24 m in FY, 2020
| USD | |
|---|---|
Revenue (Q3, 2021) | 127.1m |
Gross profit (Q3, 2021) | 80.1m |
Gross profit margin (Q3, 2021), % | 63% |
Market capitalization (1-Mar-2021) | 3.8b |
Closing stock price (1-Mar-2021) | 35.0 |
Cash (31-Dec-2020) | 106.9m |
EV | 4.1b |
8x8's current market capitalization is $3.8 b.
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 69.1m | 72.5m | 75.6m | 83.2m | 85.7m | 89.9m | 96.7m | 109.5m | 118.6m | 121.8m | 120.9m | 127.1m |
Cost of goods sold | 16.5m | 17.9m | 17.0m | 21.4m | 21.3m | 22.4m | 37.7m | 49.7m | 56.2m | 44.8m | 47.0m | |
Gross profit | 52.6m | 54.6m | 58.6m | 61.9m | 64.4m | 67.6m | 59.0m | 59.8m | 62.3m | 76.1m | 80.1m | |
Gross profit Margin, % | 76% | 75% | 78% | 74% | 75% | 75% | 61% | 55% | 53% | 63% | 63% |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 53.2m | 34.6m | 31.8m | 34.6m | 24.7m | 28.3m | 269.0m | 162.2m | 184.8m | 116.7m | 121.8m | 106.9m |
Accounts Receivable | 14.5m | 15.2m | 17.9m | 17.7m | 18.9m | 19.1m | 23.4m | 30.7m | 37.4m | 40.6m | 43.0m | 50.4m |
Current Assets | 202.1m | 194.2m | 189.2m | 186.0m | 175.3m | 161.5m | 357.1m | 267.1m | 302.4m | 267.8m | 268.5m | 274.3m |
PP&E | 27.0m | 29.6m | 32.6m | 38.1m | 42.4m | 47.7m | 57.7m | 64.8m | 89.8m | 96.1m | 96.2m | 94.5m |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (2.2m) | (2.7m) | (91.2m) | (15.4m) | (36.8m) | (60.6m) | (34.3m) | (75.2m) | (122.3m) | (41.9m) | (80.3m) | (120.6m) |
Depreciation and Amortization | 3.7m | 7.4m | 11.3m | 5.2m | 10.8m | 17.5m | 7.7m | 8.4m | 13.0m | 5.1m | 9.7m | 14.1m |
Accounts Payable | 2.9m | 3.4m | 8.9m | 3.9m | 8.1m | 13.2m | (588.0k) | (400.0k) | 7.9m | (519.0k) | 1.4m | (338.0k) |
Cash From Operating Activities | 6.2m | 11.2m | 19.4m | 789.0k | (4.5m) | (6.7m) | (20.5m) | (44.5m) | (62.8m) | (9.2m) | (13.1m) | (14.9m) |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 277.1k |
Financial Leverage | 1.2 x |
8x8 Operating Metrics
8x8's Customers was reported to be 52 k in FY, 2019.
8x8 Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| 8x8 Asia | July 17, 2019 | $125 m |
| Jitsi | October 29, 2018 | |
| Sameroom | March 08, 2017 | |
| DXI Ltd. | May 27, 2015 | €16.50 m |
| MarianaIQ | May 15, 2015 | |
| 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 Revenue Breakdown
8x8 revenue breakdown by business segment: 5.1% from Products and 94.9% from Services
8x8 revenue breakdown by geographic segment: 10.3% from Europe (principally UK) and 89.7% from Americas (principally US)
8x8 Cybersecurity Score
8x8 Environment, Social & Governance (ESG) Ratings
8x8 Online and Social Media Presence
10.45k Twitter followers
8x8 has 10.45k Twitter Followers. The number of followers has increased 0.8% month over month and increased 1.9% quarter over quarter
8x8's Trends
Twitter Engagement Stats for @8x8
13.8k
Tweets
5k
Following
10.4k
Followers
70
Tweets last 30 days
2
Avg. likes per Tweet
81.4%
Tweets with engagement
8x8 Company Culture
Overall Culture
A
81/100
CEO Rating
A+
82/100
Compensation
A-
81/100
Diversity
A-
80/100
8x8 News and Updates
August 25, 2020
General Dynamics European Land Systems awarded €733 million (USD $870 million) of a €1.74 billion contract for 348 Spanish 8x8 combat vehicles
MADRID, Aug. 25, 2020 /PRNewswire/ -- The Spanish Ministry of Defense today awarded a €1.74 billion (USD $2.06 billion) contract to a joint venture of General Dynamics European Land Systems-Santa Bárbara Sistemas (GDELS-SBS) and three other companies to deliver 348 8x8 Wheeled Combat...
May 20, 2020
8x8 Selects GoCardless to Manage Recurring Payments Across Its Growing Global Business
LONDON, May 20, 2020 /PRNewswire/ -- GoCardless, the leading fintech for recurring payments announces that 8x8, a leading integrated cloud communications platform provider, is using GoCardless to provide direct debit as a payment method to its customers worldwide. The company joins a...
November 15, 2019
Unified Communication-as-a-service in the Manufacturing Market Report 2019-2024 Featuring Cisco, 8x8, Avaya, and Tata Communications
DUBLIN, Nov. 14, 2019 /PRNewswire/ -- The "Unified Communication-as-a-service in the Manufacturing Market - Growth, Trends, and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering. The unified communications-as-a-service in the manufacturing market is...
December 14, 2018
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
December 12, 2018
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…
November 19, 2018
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.…
8x8 Blogs
August 08, 2019
Collaboration is Changing Company Cultures
August 08, 2019
How to Be Productive from Anywhere
August 05, 2019
8 Ways to Properly Research a Company Before Your Interview
August 05, 2019
The Health Care Communications Transformation
July 31, 2019
How Cloud Communications Can Boost Your CRM
8x8 Frequently Asked Questions
When was 8x8 founded?
8x8 was founded in 1987.
Who are 8x8 key executives?
8x8's key executives are Dave Sipes, Marge Breya and Michelle Bonfantine.
How many employees does 8x8 have?
8x8 has 1,675 employees.
What is 8x8 revenue?
Latest 8x8 annual revenue is $446.2 m.
What is 8x8 revenue per employee?
Latest 8x8 revenue per employee is $266.4 k.
Who are 8x8 competitors?
Competitors of 8x8 include NICE, Ooma and j2 Global.
Where is 8x8 headquarters?
8x8 headquarters is located at 675 Creekside Way, Campbell.
Where are 8x8 offices?
8x8 has offices in Campbell, Minneapolis, New York, San Jose and in 5 other locations.
How many offices does 8x8 have?
8x8 has 9 offices.
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