2024-02-23 14:49:18 ET
Summary
- 8x8 is a cloud-based communications company that offers unified communications, CPaaS, and CCaaS solutions.
- The company's financial outlook is mixed, with narrowing net loss margins and positive FCF expansion, yet declining revenue growth.
- I maintain my neutral rating. Growth visibility remains unclear going into 2024, in my opinion.
8x8 ( EGHT ) is a cloud-based communications company that provides integrated voice, video, chat, and contact center solutions. Founded in 2002, the company has grown to become a leading provider of unified communications (UCaaS), Communications Platform as a Service (CPaaS), and contact center as a service (CCaaS) solutions for businesses of all sizes....
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8x8: Growth Visibility Still Lacking