8x8: An Unlikely Deep Value SaaS Play
8x8(EGHT) Seeking Alpha·2024-06-30 05:57
8x8, Inc. (NASDAQ:EGHT), the SaaS cloud communications solution provider, has continued reporting stable revenues not showing signs of meaningful top line growth. My previous article on 8x8, titled "8x8: Waiting For A Growth Recovery", went over 8x8's overall financial profile and the company's recently lacking growth. No signs of growth resuming has since been reported, as 8x8 continues to try to improve its offering's appeal. In the previous article, I initiated 8x8 at Hold as the valuation seemed to a re ...