| 8x8 is a Software-as-a-Service provider of voice, video, chat, contact center, and application programmable interface (API) solutions powered by one cloud communications platform. Co. provides its customers a portfolio of voice, video, contact center, chat and team collaboration, communication APIs and business analytics solutions which include: 8x8 Virtual Office, which is a self-contained end-to-end solution that delivers voice, secure video meetings and unified communications-as-a-service globally; and 8x8 Meetings, which is a cloud-based video conferencing and collaboration solution that enables secure collaboration with video and audio communications from mobile and desktop devices. We show 45 historical shares outstanding datapoints in our EGHT shares outstanding history coverage, used to compute EGHT market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EGHT market cap history over the course of time is important for investors
interested in comparing EGHT's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of EGHT versus a peer is one thing; comparing
EGHT market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like EGHT can fluctuate over the course of history.
With this page we aim to empower investors researching EGHT by allowing them to research the EGHT market cap history.