8x8, Inc. (NASDAQ:EGHT)

CAPS Rating: 4 out of 5

The Company develops, markets and sells telecommunication services and technology for Internet protocol, or IP, telephony and video applications.


Player Avatar robseigel (< 20) Submitted: 8/4/2010 7:02:32 AM : Outperform Start Price: $1.38 EGHT Score: +481.57

This stock is clearly growing revenues as evidence of ramping of in its business sector continues. The growth has been masked as the residential side of the business has dwindled. 8x8 is at an inflection point where losses in residential revenue has troughed, and business revenues continue to grow steadily as enterprise gains should push revenue growth to higher rates. 8x8 offers a full line of business grade services, including newly acquired cloud computing, holds its own patents, has plenty of free cash and no debt. Earnings are steady and should double in the next twelve to 18 months. A 20 PE offers virtually a free ride to growth.

Report this Post 3 Replies
Member Avatar jodab1 (27.23) Submitted: 1/27/2011 6:47:01 PM
Recs: 0

I agree, good post.

Member Avatar jacobandersen72 (< 20) Submitted: 9/9/2011 3:58:27 AM
Recs: 0

you bought EGHT at $1.38
i owned it back in 2005-2006 and suffered
i come back 5 years later and its on fire
what happened?
when i was looking at EGHT it was a residential VOIP play.

what is it now?

did it buy another company?

Member Avatar TMFLegendPhoenix (24.36) Submitted: 9/20/2011 11:45:34 AM
Recs: 0

8x8 has bought several companies recently. They're no longer focusing on residential VOIP as that market is being dominated by Vontage. Now they're trying to broaden their scope to offer a cloud-base communication platform that includes business VOIP and video conferencing. It's definitely worth your time to put them back on your radar and read specifically what they've been up to and where they're going.

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