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    EGHT   US2829141009

8X8, INC.

(EGHT)
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8X8 Delivers Industry-First Cloud Phone and Contact Center Solution for Multinational Organizations in Russia

09/21/2021 | 09:00am EST

8x8, Inc. announced that 8x8 XCaaS (eXperience Communications as a Service) is the industry’s first integrated cloud phone and contact center solution to support multinational enterprises with operations in Russia. Leveraging patented 8x8 Global Reach™ technology, this expansion provides global organizations with the highest quality of service and reliability, unlimited local calling, streamlined deployment and management, and access to emergency services and local numbers in Russia. Multinational companies have traditionally relied upon the combination of costly local-hosted gateways and VPNs to allow Russia-based offices and employees to communicate inside and outside of Russia. These solutions caused reliability, security, quality, and cost concerns, especially for in-country calling over Russia’s Public Switched Telephone Network (PSTN). 8x8 XCaaS now offers these organizations a differentiated, high-quality service in Russia for domestic and international business communications that is financially backed by the industry’s only platform-wide 99.999% SLA across an integrated cloud UCaaS and CCaaS solution. In addition to Russia, 8x8 announced Global Reach expansion that enables organizations to rapidly add enterprise-grade PSTN connectivity and local direct inward dial (DID) numbers in Japan and Puerto Rico. 8x8 now delivers full PSTN replacement services in 46 countries and territories. Organizations relying on Microsoft Teams for collaboration, can also utilize the 8x8 Voice for Microsoft Teams direct routing solution and 8x8 Contact Center for Microsoft Teams, which is certified by Microsoft, for users in those countries. Operating a geographically-redundant cloud infrastructure spanning 35 regions worldwide, 8x8 delivers high quality and reliable global connectivity for superior business resilience and data residency adherence. 8x8’s patented Global Reach routing technology delivers the top-level service reliability and assurance guarantees that organizations require for operational success. Highlights include: Multiple levels of redundancy at the infrastructure, platform, data, and geographic layers. Patented Global Reach routing technology provides high availability and superior voice and video quality across the globe. Connectivity with over 40 top-tier PSTN carriers around the world for optimal voice quality, coverage, and redundancy, delivering full PSTN replacement services in 46 countries and unlimited global calling plans to up to 48 countries. 35 redundant, cloud-agnostic regions providing high availability, active-active service delivery and global coverage. The resilient, secure, and compliant 8x8 eXperience Communications Platform, 8x8 offers the highest levels of reliability and the industry’s only financially backed, platform-wide 99.999% SLA across an integrated cloud UCaaS and CCaaS solution. Real-time metrics and 24x7 observability with two redundant Network Operations Centers in the U.S. and EU. Transparent, public site providing detailed current status for monitoring the latest network and service conditions. 8x8's patented Global Reach technology ensures the highest voice quality and reliability in the cloud, leveraging big data and machine learning technologies to route calls automatically to the nearest data center, delivering crystal clear audio and video connections, superior call quality and conversations that sound and feel natural.


© S&P Capital IQ 2021
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Analyst Recommendations on 8X8, INC.
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Financials (USD)
Sales 2022 614 M - -
Net income 2022 -165 M - -
Net cash 2022 153 M - -
P/E ratio 2022 -14,8x
Yield 2022 -
Capitalization 2 488 M 2 488 M -
EV / Sales 2022 3,80x
EV / Sales 2023 3,29x
Nbr of Employees 1 696
Free-Float 97,3%
Chart 8X8, INC.
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8x8, Inc. Technical Analysis Chart | EGHT | US2829141009 | MarketScreener
Technical analysis trends 8X8, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 21,83 $
Average target price 32,64 $
Spread / Average Target 49,5%
EPS Revisions
Managers and Directors
David D. Sipes Chief Executive Officer & Director
Samuel Wilson Chief Financial Officer & Executive Vice President
Jaswinder Pal Singh Chairman
Bryan R. Martin Chief Technology Officer
Michael Armer Chief Information Security Officer & VP
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