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8x8 (EGHT)

(Delayed Data from NSDQ)

$2.27 USD

2.27
828,915

-0.05 (-2.16%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $2.26 -0.01 (-0.44%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value A Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 26% (65 out of 252)

Industry: Internet - Software

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Better trading starts here.

Balance Sheet

Research for EGHT

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for 8x8 Inc falls in the month of March.

All items in Millions except Per Share data.

3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Assets          
Cash & Equivalents -99,999 138 145 161 181
Receivables NA 62 57 51 38
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 73 73 64 58
Total Current Assets NA 273 276 277 277
Net Property & Equipment NA 58 79 93 94
Investments & Advances NA 0 3 0 16
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 68 76 72 53
Intangibles NA 374 395 149 152
Deposits & Other Assets NA 17 19 21 28
Total Assets NA 842 910 678 701
Liabilities & Shareholders Equity 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Notes Payable NA 63 0 0 0
Accounts Payable NA 47 50 31 40
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 74 92 56 70
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 35 34 21 7
Total Current Liabilities NA 230 192 121 123
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 11 11 0 0
Convertible Debt NA 197 447 308 292
Long-Term Debt NA 232 0 0 0
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 7 3 6 3
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 742 728 518 510
Shareholders Equity 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 906 957 756 625
Retained Earnings NA -793 -766 -591 -423
Other Equity NA -13 -8 -4 -12
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 100 182 161 191
Total Liabilities & Shareholder's Equity NA 842 910 678 701
Total Common Equity 0 100 182 161 191
Shares Outstanding 123.40 113.00 118.30 107.40 102.40
Book Value Per Share 0.00 0.88 1.54 1.49 1.86

Fiscal Year End for 8x8 Inc falls in the month of March.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 170 149 138 138
Receivables NA 63 61 65 62
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 70 72 71 73
Total Current Assets NA 302 282 274 273
Net Property & Equipment NA 56 54 55 58
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 56 60 65 68
Intangibles NA 359 363 368 374
Deposits & Other Assets NA 14 15 16 17
Total Assets NA 827 824 828 842
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 63 63 63 63
Accounts Payable NA 49 49 43 47
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 73 72 79 74
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 33 33 40 35
Total Current Liabilities NA 231 229 236 230
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 10 10 11 11
Convertible Debt NA 198 197 197 197
Long-Term Debt NA 211 210 210 232
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 4 7 7
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 717 713 724 742
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 956 941 924 906
Retained Earnings NA -837 -816 -808 -793
Other Equity NA -10 -16 -11 -13
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 110 110 105 100
Total Liabilities & Shareholder's Equity NA 827 824 828 842
Total Common Equity 0 110 110 105 100
Shares Outstanding 123.40 123.40 122.10 119.90 113.00
Book Value Per Share 0.00 0.89 0.90 0.87 0.88