EGHT RSI Chart
Last 7 days
-7.1%
Last 30 days
-16.5%
Last 90 days
-33.4%
Trailing 12 Months
-38.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 743.9M | 739.6M | 737.2M | 733.8M |
2022 | 638.1M | 677.4M | 713.3M | 740.8M |
2021 | 532.3M | 558.9M | 581.3M | 601.5M |
2020 | 446.2M | 471.4M | 491.0M | 509.1M |
2019 | 352.6M | 366.0M | 389.9M | 418.5M |
2018 | 296.5M | 310.6M | 323.8M | 338.2M |
2017 | 253.4M | 262.4M | 271.7M | 283.6M |
2016 | 209.3M | 221.5M | 233.7M | 244.2M |
2015 | 162.4M | 172.4M | 183.7M | 195.5M |
2014 | 128.6M | 137.3M | 146.0M | 154.7M |
2013 | 105.6M | 109.6M | 115.1M | 121.5M |
2012 | 85.8M | 92.5M | 98.0M | 101.2M |
2011 | 70.2M | 71.8M | 74.3M | 79.8M |
2010 | 63.4M | 65.1M | 66.8M | 68.5M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 16, 2024 | seandel suzy m | sold | -16,436 | 2.2652 | -7,256 | chief accounting officer |
Apr 15, 2024 | kraus kevin | sold | -2,330 | 2.33 | -1,000 | chief financial officer |
Apr 15, 2024 | wilson samuel c. | sold | -4,543 | 2.2715 | -2,000 | chief executive officer |
Mar 18, 2024 | middleton hunter | sold | -26,708 | 2.6647 | -10,023 | chief product officer |
Mar 18, 2024 | kraus kevin | sold | -4,783 | 2.66468 | -1,795 | chief financial officer |
Mar 18, 2024 | denny laurence | sold | -9,320 | 2.66466 | -3,498 | chief legal officer |
Mar 18, 2024 | wilson samuel c. | sold | -36,612 | 2.66469 | -13,740 | chief executive officer |
Mar 15, 2024 | wilson samuel c. | sold | -5,348 | 2.674 | -2,000 | chief executive officer |
Mar 15, 2024 | kraus kevin | sold | -2,671 | 2.6715 | -1,000 | chief financial officer |
Feb 16, 2024 | kraus kevin | sold | -1,312 | 2.6949 | -487 | chief financial officer |
Which funds bought or sold EGHT recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 15, 2024 | Legato Capital Management LLC | sold off | -100 | -854,938 | - | -% |
Apr 12, 2024 | Dynamic Advisor Solutions LLC | new | - | 50,909 | 50,909 | -% |
Apr 12, 2024 | BlueSky Wealth Advisors, LLC | unchanged | - | -20,291 | 50,728 | 0.04% |
Apr 05, 2024 | LOS ANGELES CAPITAL MANAGEMENT LLC | reduced | -0.42 | -708,408 | 1,745,360 | 0.01% |
Apr 05, 2024 | CWM, LLC | added | 1,330 | 11,000 | 12,000 | -% |
Apr 03, 2024 | WealthCollab, LLC | new | - | 4,306 | 4,306 | -% |
Mar 22, 2024 | PNC Financial Services Group, Inc. | sold off | -100 | -5,594 | - | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 2.66 | 14,429,200 | 41,154,500 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 45.69 | 1,289,870 | 2,378,070 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | added | 2.66 | 79,151 | 225,742 | -% |
Unveiling 8x8 Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to 8x8 Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CRM | 268.0B | 34.9B | 64.79 | 7.69 | ||||
UBER | 149.4B | 37.3B | 79.16 | 4.01 | ||||
ADSK | 46.0B | 5.3B | 50.14 | 8.6 | ||||
ANSS | 28.4B | 2.3B | 56.66 | 12.49 | ||||
ZM | 17.8B | 4.5B | 27.88 | 3.93 | ||||
MID-CAP | ||||||||
APPF | 7.7B | 620.4M | 2.9K | 12.45 | ||||
LYFT | 6.7B | 4.4B | -19.59 | 1.51 | ||||
AYX | 3.4B | 970.0M | -19.13 | 3.53 | ||||
ALRM | 3.2B | 881.7M | 39.94 | 3.64 | ||||
AI | 2.5B | 296.4M | -9.13 | 8.37 | ||||
AGYS | 2.3B | 228.1M | 25.81 | 9.88 | ||||
SMALL-CAP | ||||||||
AVID | 1.2B | 413.5M | 92.02 | 2.88 | ||||
APPS | 189.8M | 572.4M | -0.96 | 0.33 | ||||
ASUR | 180.2M | 119.1M | -19.56 | 1.51 | ||||
AEYE | 145.7M | 31.3M | -24.82 | 4.65 |
8x8 Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -2.2% | 181,006,000 | 184,999,000 | 183,287,000 | 184,529,000 | 184,400,000 | 187,389,000 | 187,620,000 | 181,372,000 | 156,874,000 | 151,557,000 | 148,327,000 | 144,719,000 | 136,685,000 | 129,133,000 | 121,807,000 | 121,478,000 | 118,567,000 | 109,517,000 | 96,675,000 | 93,767,000 | 89,912,000 |
Operating Expenses | 1.5% | 190,397,000 | 187,582,000 | 184,697,000 | 180,996,000 | 202,481,000 | 212,379,000 | 214,374,000 | 221,911,000 | 194,492,000 | 188,714,000 | 187,154,000 | 184,755,000 | 171,940,000 | 162,231,000 | 159,567,000 | 167,632,000 | 161,735,000 | 147,461,000 | 129,228,000 | 121,192,000 | 114,150,000 |
S&GA Expenses | -2.5% | 66,997,000 | 68,687,000 | 68,505,000 | 68,848,000 | 79,021,000 | 80,487,000 | 83,527,000 | 84,785,000 | 76,797,000 | 76,726,000 | 75,915,000 | 70,696,000 | 63,986,000 | 61,399,000 | 60,150,000 | 65,420,000 | 63,099,000 | 57,895,000 | 53,599,000 | 49,525,000 | 46,276,000 |
R&D Expenses | -4.2% | 32,787,000 | 34,207,000 | 35,292,000 | 40,184,000 | 35,062,000 | 36,019,000 | 34,955,000 | 30,586,000 | 27,911,000 | 28,498,000 | 25,392,000 | 25,271,000 | 23,702,000 | 21,567,000 | 21,494,000 | 20,155,000 | 19,870,000 | 19,434,000 | 18,331,000 | 18,064,000 | 16,886,000 |
EBITDA Margin | 19.8% | -0.03 | -0.03 | -0.04 | -0.05 | -0.13 | -0.16 | -0.21 | -0.25 | -0.27 | -0.27 | -0.27 | -0.28 | - | - | - | - | - | - | - | - | - |
Interest Expenses | - | 6,864,000 | - | - | 13,099,000 | 4,409,000 | - | - | 1,250,000 | - | - | - | 907,000 | - | - | - | 906,000 | - | - | - | - | - |
Income Taxes | 233.9% | 521,000 | -389,000 | 1,444,000 | 1,766,000 | 37,000 | 599,000 | 405,000 | -963,000 | 87,000 | 233,000 | 256,000 | 177,000 | 301,000 | 137,000 | 228,000 | 148,000 | 280,000 | 256,000 | 148,000 | 236,000 | 112,000 |
Earnings Before Taxes | -164.0% | -20,701,000 | -7,841,000 | -13,883,000 | -7,665,000 | -25,993,000 | -11,040,000 | -25,638,000 | -46,545,000 | -43,484,000 | -42,091,000 | -43,650,000 | -44,857,000 | -39,924,000 | -38,276,000 | -41,685,000 | -49,952,000 | -46,791,000 | -40,676,000 | -34,117,000 | -27,895,000 | -23,659,000 |
EBT Margin | 9.1% | -0.07 | -0.08 | -0.08 | -0.09 | -0.15 | -0.18 | -0.23 | -0.28 | -0.29 | -0.29 | -0.30 | -0.31 | - | - | - | - | - | - | - | - | - |
Net Income | -184.8% | -21,222,000 | -7,452,000 | -15,327,000 | -9,431,000 | -26,030,000 | -11,639,000 | -26,043,000 | -45,583,000 | -43,571,000 | -42,324,000 | -43,906,000 | -45,034,000 | -40,225,000 | -38,413,000 | -41,913,000 | -50,100,000 | -47,071,000 | -40,932,000 | -34,265,000 | -28,131,000 | -23,771,000 |
Net Income Margin | 7.8% | -0.07 | -0.08 | -0.08 | -0.10 | -0.15 | -0.18 | -0.23 | -0.27 | -0.29 | -0.30 | -0.30 | -0.31 | - | - | - | - | - | - | - | - | - |
Free Cashflow | 34.3% | 21,613,000 | 16,091,000 | 26,287,000 | 13,316,000 | 14,642,000 | 12,967,000 | 4,870,000 | 15,304,000 | 8,466,000 | 3,619,000 | 3,154,000 | -656,000 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 0.4% | 827 | 824 | 828 | 842 | 836 | 856 | 889 | 910 | 756 | 673 | 676 | 678 | 693 | 687 | 688 | 701 | 732 | 667 | 558 | 546 | 304 |
Current Assets | 7.3% | 302 | 282 | 274 | 273 | 255 | 264 | 273 | 276 | 368 | 273 | 266 | 277 | 274 | 269 | 268 | 277 | 302 | 267 | 357 | 397 | 162 |
Cash Equivalents | 17.0% | 169 | 144 | 122 | 111 | 93.00 | 101 | 93.00 | 101 | 200 | 103 | 109 | 113 | 107 | 122 | 117 | 156 | 185 | 162 | 269 | 285 | 36.00 |
Net PPE | 4.0% | 56.00 | 54.00 | 55.00 | 58.00 | 61.00 | 69.00 | 74.00 | 79.00 | 82.00 | 87.00 | 91.00 | 93.00 | 94.00 | 96.00 | 96.00 | 94.00 | 90.00 | 65.00 | 58.00 | 53.00 | 48.00 |
Goodwill | 0.6% | 267 | 266 | 266 | 267 | 266 | 262 | 265 | 267 | 131 | 131 | 132 | 132 | 132 | 130 | 129 | 128 | 131 | 132 | 39.00 | 40.00 | 39.00 |
Liabilities | 0.5% | 717 | 713 | 724 | 742 | 746 | 771 | 756 | 728 | 639 | 520 | 519 | 518 | 525 | 513 | 509 | 510 | 513 | 428 | 328 | 297 | 76.00 |
Current Liabilities | 0.6% | 231 | 229 | 236 | 230 | 165 | 169 | 175 | 192 | 121 | 121 | 121 | 121 | 128 | 116 | 122 | 123 | 122 | 109 | 89.00 | 75.00 | 71.00 |
Long Term Debt | 0.1% | 198 | 197 | 197 | 197 | 264 | 287 | 494 | 447 | 441 | 317 | 313 | 308 | 304 | 300 | 296 | 292 | 287 | 222 | 219 | 216 | - |
LT Debt, Current | 0.2% | 63.00 | 63.00 | 63.00 | 63.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Non Current | 0.1% | 198 | 197 | 197 | 197 | 264 | 287 | 494 | 447 | 441 | 317 | 313 | 308 | 304 | 300 | 296 | 292 | 287 | 222 | 219 | 216 | - |
Shareholder's Equity | -0.7% | 110 | 110 | 105 | 100 | 90.00 | 85.00 | 134 | 182 | 117 | 153 | 157 | 161 | 167 | 174 | 179 | 191 | 219 | 239 | 230 | 249 | 228 |
Retained Earnings | -2.6% | -836 | -815 | -808 | -792 | -783 | -757 | -745 | -766 | -720 | -677 | -634 | -591 | -546 | -505 | -467 | -422 | -372 | -325 | -284 | -250 | -222 |
Additional Paid-In Capital | 1.5% | 956 | 941 | 924 | 906 | 888 | 867 | 896 | 957 | 843 | 836 | 796 | 756 | 717 | 688 | 657 | 625 | 599 | 575 | 523 | 507 | 458 |
Shares Outstanding | 1.1% | 123 | 122 | 119 | 115 | 116 | 118 | 120 | 118 | 112 | 111 | 110 | 106 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | - | - | 200 | - | - | - | 1,400 | - | - | - | 900 | - | - | - | 1,600 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 28.2% | 22,396 | 17,463 | 26,473 | 13,622 | 15,482 | 13,841 | 5,841 | 16,526 | 9,023 | 5,099 | 4,032 | 799 | -1,797 | -3,818 | -9,250 | -31,069 | -18,321 | -24,006 | -20,509 | -8,195 | -2,123 |
Share Based Compensation | -2.8% | 14,118 | 14,522 | 18,195 | 16,020 | 21,081 | 24,621 | 27,814 | 27,172 | 33,737 | 35,835 | 36,587 | 32,698 | 26,839 | 25,322 | 22,779 | 20,573 | 19,317 | 17,391 | 13,597 | 12,934 | 12,534 |
Cashflow From Investing | -108.5% | -504 | 5,943 | 6,792 | 5,617 | -9,412 | 15,686 | -5,841 | -129,856 | -1,368 | -17,608 | -11,146 | -9,179 | -15,676 | 434 | -11,900 | -21,458 | -24,912 | -71,095 | 11,171 | 6,208 | 4,931 |
Cashflow From Financing | -100.0% | - | 2,365 | -25,000 | -1,509 | -20,082 | -16,258 | 65.00 | 5,466 | 89,767 | 6,757 | 3,435 | 7,277 | 1,344 | 4,705 | -134 | 6,253 | 65,361 | -886 | 1,367 | 250,268 | 958 |
Buy Backs | - | - | - | - | - | - | 60,214 | - | - | 29,377 | - | - | - | - | - | - | - | - | - | - | 192 | -552 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2023 | Dec. 31, 2022 | |
Total revenue | $ 181,006 | $ 184,400 | $ 549,292 | $ 559,409 |
Operating expenses: | ||||
Research and development | 32,787 | 35,062 | 102,286 | 106,036 |
Sales and marketing | 66,997 | 79,021 | 204,189 | 243,035 |
General and administrative | 23,419 | 27,158 | 77,231 | 87,788 |
Impairment of long-lived assets | 11,034 | 3,729 | 11,034 | 6,153 |
Total operating expenses | 190,397 | 202,481 | 562,676 | 629,234 |
Loss from operations | (9,391) | (18,081) | (13,384) | (69,825) |
Other (expense) income, net | (11,310) | (7,912) | (29,041) | 7,154 |
Loss before provision for income taxes | (20,701) | (25,993) | (42,425) | (62,671) |
Provision for income taxes | 521 | 37 | 1,576 | 1,041 |
Net loss | $ (21,222) | $ (26,030) | $ (44,001) | $ (63,712) |
Net loss per share: | ||||
Basic (in dollars per share) | $ (0.17) | $ (0.23) | $ (0.37) | $ (0.55) |
Diluted (in dollars per share) | $ (0.17) | $ (0.23) | $ (0.37) | $ (0.55) |
Weighted average number of shares: | ||||
Basic (in shares) | 122,556 | 113,201 | 120,042 | 116,298 |
Diluted (in shares) | 122,556 | 113,201 | 120,042 | 116,298 |
Service revenue | ||||
Total revenue | $ 175,069 | $ 175,765 | $ 528,089 | $ 533,482 |
Operating expenses: | ||||
Cost of revenue | 48,983 | 47,335 | 144,403 | 151,920 |
Other revenue | ||||
Total revenue | 5,937 | 8,635 | 21,203 | 25,927 |
Operating expenses: | ||||
Cost of revenue | $ 7,177 | $ 10,176 | $ 23,533 | $ 34,302 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Mar. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 168,513 | $ 111,400 |
Restricted cash, current | 356 | 511 |
Short-term investments | 1,035 | 26,228 |
Accounts receivable, net of allowance for expected credit losses of $2,723 and $3,644 as of December 31, 2023 and March 31, 2023, respectively | 63,042 | 62,307 |
Deferred sales commission costs, current | 36,996 | 38,048 |
Other current assets | 32,528 | 34,630 |
Total current assets | 302,470 | 273,124 |
Property and equipment, net | 55,661 | 57,871 |
Operating lease, right-of-use assets | 38,546 | 52,444 |
Intangible assets, net | 91,816 | 107,112 |
Goodwill | 267,453 | 266,863 |
Restricted cash, non-current | 462 | 818 |
Deferred sales commission costs, non-current | 56,317 | 67,644 |
Other assets, non-current | 13,993 | 15,934 |
Total assets | 826,718 | 841,810 |
Current liabilities: | ||
Accounts payable | 49,493 | 46,802 |
Accrued compensation | 20,573 | 29,614 |
Accrued taxes | 37,781 | 29,570 |
Operating lease liabilities, current | 11,763 | 11,504 |
Deferred revenue, current | 32,778 | 34,909 |
Convertible senior notes, current | 63,260 | 62,932 |
Other accrued liabilities | 14,878 | 14,556 |
Total current liabilities | 230,526 | 229,887 |
Operating lease liabilities, non-current | 59,417 | 65,623 |
Deferred revenue, non-current | 10,128 | 10,615 |
Convertible senior notes | 197,561 | 196,821 |
Term loan | 211,092 | 231,993 |
Other liabilities, non-current | 8,322 | 6,965 |
Total liabilities | 717,046 | 741,904 |
Commitments and contingencies (Note 5) | ||
Stockholders' equity: | ||
Preferred stock: $0.001 par value, 5,000,000 shares authorized, none issued and outstanding as of December 31, 2023 and March 31, 2023 | 0 | 0 |
Common stock: $0.001 par value, 300,000,000 shares authorized, 123,219,383 shares and 114,659,255 shares issued and outstanding as of December 31, 2023 and March 31, 2023, respectively | 123 | 115 |
Additional paid-in capital | 956,005 | 905,635 |
Accumulated other comprehensive loss | (9,538) | (12,927) |
Accumulated deficit | (836,918) | (792,917) |
Total stockholders' equity | 109,672 | 99,906 |
Total liabilities and stockholders' equity | $ 826,718 | $ 841,810 |
Mr. Samuel C. Wilson | |
8x8.com | |
Software - Apps | |
1921 |